Senator Warren chides US Treasury for slow progress in tackling racial discrimination

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Senator Warren chides US Treasury for slow progress in tackling racial discrimination
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What's different a year after the wildfires? | SaltWire #novascotia #firefighting #wildfires #newsWASHINGTON - U.S. Senator Elizabeth Warren this week called on the Treasury Department to more swiftly address racial discrimination in the U.S. tax and banking systems by advancing reforms proposed by an advisory board set up in December 2022.

Warren said the recommendations would improve economic conditions for Black and Brown communities that face barriers to building equity and assuring financial security for their families, and urged Yellen to implement them swiftly. One committee member, Dorothy Brown, a tax lawyer and law professor, told Marketplace in January she worried that Treasury was not embracing the recommendations and saw the committee as a"check-the-box" exercise.

The Democratic senator's letter comes as President Joe Biden works to shore up support in communities of color ahead of the November presidential election, in which he is seeking a second term. A number of Republican senators have challenged creation of the committee, and its work has been closely scrutinized.

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