The Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency. She is the first Black woman to serve in the role.
Last week the Consumer Financial Protection Bureau issued an interpretive rule affirming states' ability to enforce the Consumer Financial Protection Act and several other federal consumer protection laws.
Lisa Rice, CEO of the National Fair Housing Alliance, said it will take “thousands of equity-centered programs” to close racial homeownership and wealth gaps.