How Financial Policy Drives Economic Inequality…and How to Fix It

Right after he was inaugurated, President Biden told federal regulators that they must henceforth consider economic inequality and racial equity. This is an overlooked but critical change the United States cant have robust economic growth without economic equality and, the more unequal we get, the greater the odds also for still more frequent and destructive financial crises.
The rules Biden has in mind are those that deal with fair housing, taxation, environmental justice, and other recognized…

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