It is clear just a few weeks into the Biden administration that fair lending and racial equity will return as a central focus of regulators under President Joe Biden.
Biden issued a memorandum his first week in office directing the U.S. Department of Housing and Urban Development to reassess Trump-era fair housing rules. And Acting Consumer Financial Protection Bureau Director Dave Uejio recently wrote that "fair lending enforcement is a top priority and will be emphasized accordingly."
Originally published in Law360 - February 23, 2021.
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