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Diversity Activists Helped First Republic Bank Push for Weaker Regulations | Lee Fang

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The National Diversity Coalition’s effort to frame bank deregulation as a boon for minority groups highlights the way that some social justice groups provide cover for a corporate agenda.

Diversity Activists Helped First Republic Bank Push for Weaker Regulations The National Diversity Coalition’s effort to frame bank deregulation as a boon for minority groups highlights the way that some social justice groups provide cover for a corporate agenda. Lee Fang May 01, 2023 361 56 15 Share Federal regulators, aiming to prevent another financial crisis, were on the verge of forcing First Republic Bank to submit to risk-assessment tests and other special oversight rules in 2014. That’s when Faith Bautista, president of the National Diversity Coalition, wrote to the Federal Deposit Insu

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