The honorable Representative Pressley and I serve on financial services together and on that committee, under the leadership of the Honorable Maxine Waters, we have been able to pass HR166 in the House of Representatives. And I want you to know this. There is empirical evidence that people of color are still discriminated against in lending. to get loans, they will pay more for loans, they will get less money, and they will have terms that are more onerous. (31:14–31:20)
CLAIM
Asserts the existence of empirical evidence showing ongoing lending discrimination against people of color.
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