Diversity Activists Helped First Republic Bank Push for Weaker Regulations | Lee Fang
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
saved by
related reading
- The banking crisis, two years latercomplexsystemspodcast.com
- The known unknowns of financial regulation | Bank for International Settlementsbis.org
- Notes on a non-profit indicted for bank fraudbitsaboutmoney.com
- KYC and AML: beyond the acronymsbitsaboutmoney.com
- 🧠 Everyone wants to be a bankfintechbrainfood.com
- February 2024: Fintech can save the American banking system. Regulators should helpwriting.kunle.app
- How Jamie Dimon Built JPMorgan Into a $4 Trillion Colossusnymag.com
- Debanking (and Debunking?)bitsaboutmoney.com
- Complex Systems Won’t Survive the Competence Crisispalladiummag.com
- 🧠 Banks are not disrupted.fintechbrainfood.com
- Too big to fail - Wikipediaen.wikipedia.org
- Lessons from Silicon Valley Bankoaktreecapital.com