Sen. Menendez Questions Witnesses About How New Rules Could Exacerbate Homeownership Challenges for Black and Hispanic Communities
November 14, 2023
November 14, 2023
WASHINGTON, Nov. 14 -- Sen. Robert Menendez, D-New Jersey, issued the following news release:
WASHINGTON, D.C. - U.S. Senator Bob Menendez (D-N.J.) questioned witnesses during a Banking, Housing, and Urban Affairs Committee hearing entitled "Oversight of Financial Regulators: Protecting Main Street Not Wall Street" about how recently proposed capital requirements could make it more difficult for Black and Hispanic prospective homebuyers to obtain a mortgage.
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WASHINGTON, D.C. - U.S. Senator Bob Menendez (D-N.J.) questioned witnesses during a Banking, Housing, and Urban Affairs Committee hearing entitled "Oversight of Financial Regulators: Protecting Main Street Not Wall Street" about how recently proposed capital requirements could make it more difficult for Black and Hispanic prospective homebuyers to obtain a mortgage.
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