Justice Department Announces New Initiative to Combat Redlining and Announces Settlement with Trustmark National Bank
The U.S. Department of Justice is launching a nationwide Combatting Redlining Initiative to combat discriminatory lending practices, Attorney General Merrick Garland said on Friday. Garland said the illegal practice of "redlining," or avoiding lending to minority neighborhoods, remained a persistent problem, and the federal government was devoted more resources to identifying it and punishing lenders. [...]
