DOL Rescinds Biden-Era Letter on Citi Racial Equity Proposal

DOL rescinds Biden-era letter on Citi racial equity proposal

The program, which Citi said was never implemented, was slated to provide “diverse managers” with a competitive advantage, an agency official wrote.

HUD Dismantles Biden-Era Appraisal Equity Policies, Citing Regulatory Overreach and Market Harm

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) announced Thursday it is ending key initiatives tied to the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, reversing policies it characterized as burdensome, economically harmful, and ideologically driven. HUD Secretary Scott Turner and OIRA Acting Administrator Jeffrey Clark framed the rollback as a course correction aligned with President Trump’…