Regulators: "Racism and Discrimination Must Not Be Tolerated"
Financial Regulators Statement on Financial Inclusion
The members of the Federal Financial Institutions Examination Council (FFIEC) released the following statement on the importance of financial inclusion:
“We, the prudential and consumer financial protection regulators of the U.S. financial system, are committed to financial inclusion. Racism and discrimination must not be tolerated. Everyone deserves the opportunity to participate in our financial mainstream. We remain steadfastly dedicated to ensuring that the financial institutions which we regulate provide fair access and fair treatment to everyone in America.”
The FFIEC is comprised of the Federal Reserve, FDIC, OCC, CFPB, NCUA and State Liaison Committee