- A conservative legal group is actively challenging a Consumer Financial Protection Bureau (CFPB) rule, which mandates the collection of race and sex information by mortgage lenders.
- This objection aligns with former President Donald Trump’s broader initiatives against Diversity, Equity, and Inclusion (DEI) policies.
- The group contends that the requirements for demographic tracking in home loans are unnecessary and possibly infringe on certain principles or privacy concerns.
- The legal group has formally petitioned the CFPB to rescind these mandates, arguing their removal would reflect broader anti-DEI policies.
- This legal move highlights ongoing tensions and debates around regulatory measures designed to track and promote diversity in the financial sector.
Source: https://www.foxnews.com/politics/conservative-legal-group-targets-cfpb-rule-mandating-race-sex-data-home-loans)
