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Wells Fargo faces federal investigation over black homeownership programs

The Trump administration on Wednesday revealed it is investigating one of the country’s largest banks over whether it illegally favored minorities through DEI initiatives encouraging “racial equity” in homeownership. The Department of Housing and Urban Development informed Wells Fargo in a letter that it would examine whether the bank violated fair-lending laws, such as the […]

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Washington ExaminerLean R·1h ago
Wells Fargo faces federal investigation over black homeownership programs
The Trump administration on Wednesday revealed it is investigating one of the country’s largest banks over whether it illegally favored minorities through DEI initiatives encouraging “racial equity” in homeownership. The Department of Housing and Urban Development informed Wells Fargo in a letter that it would examine whether the bank violated fair-lending laws, such as the […]
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Wells Fargo faces federal investigation over black homeownership programs

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