Black applicants faced discrimination in securing PPP loans, study finds

"The tests show that old patterns of systemic discrimination in lending didn’t magically disappear when banks made PPP loans," said Jesse Van Tol, CEO of NCRC. "Banks still have a long way to go to root out discrimination, and clearly they need better training for their employees and more testing to create internal checks and internal pressure to drive out racist practices.”

The government-backed loans were especially sought after because they can be forgiven as long as small business borrowers maintain their payrolls. The Trump administration says more than $520 billion in loans were given out and that about $130 billion remains uncommitted.

Assesessment is only based on responses from Washington, D.C. area banks so clearly Washington, D.C. is racist.

OK what is your point, most”“things never change

Proof?

This is stupid without the individual data to back things up. When I hired for a company in the past blacks had on average a worse credit score/histories than whites and asians and didn't get the job. You have to look at the financial factors not race.

Which racist Black activist group?.. Did you expect them to find anything else? They would never report it correctly to shine more light on their BS racist agenda. Same with Politico fanning the race flames, again.

so the anti-white BLACK ACTIVIST claim their study shows blacks not treated as good as whites ... WHAT KIND OF YELLOW JOURNALISM is that? why not report what the KKK thinks instead of this PURE NONSENSE? Ya'll are as guilty of Racism as they are ... so are ALL Democrats

There is a shocker!

So a group that is biased to produce a study to say there's racism, found racism? SHOCKING.

There was a big switch over the years! Liberals became Conservatives! Vote GOP to open Schools and the Economy! Watch what libertarian George Carlin said about giving up your freedom for the illusion of safety!

I’m sure RepMikeGarcia can fix it 🙄

Caused by color Blindness

No one should be surprised by this. Those loans were carefully planned out and went to special interests and political backers first.

😴😴😴

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