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Trump moves to gut Obama housing discrimination rules

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Trump moves to gut Obama housing discrimination rules

The Trump administration is working to roll back former President Barack Obama’s efforts to combat racial segregation — potentially making it easier for banks to deny loans to black and Hispanic people or for cities to confine poor families to minority neighborhoods.

One Trump Cabinet member, Housing secretary Ben Carson, is moving to scrap an Obama policy withholding federal funds from cities if they don’t address segregation. The Consumer Financial Protection Bureau has proposed cutting back on collecting data that helps track discrimination in the mortgage market. And activists warn that a Trump financial regulator could encourage banks to invest in inner-city projects benefiting outsiders instead of local residents.

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