[Page H4075]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    WOMEN AND MINORITIES IN HOUSING

  (Mr. CLAY asked and was given permission to address the House for 1 
minute.)
  Mr. CLAY. Mr. Speaker, I rise today to introduce a resolution 
recognizing women and minorities in housing, acknowledging their 
efforts in the face of historical discrimination, and promoting 
diversity and inclusion in business.
  Although the U.S. has become more demographically diverse, the 
financial services industry, especially at leadership levels, remains 
mostly White and male.
  President Johnson signed the Fair Housing Act on April 11, 1968, 1 
week after the assassination of Dr. King. The Fair Housing Act was a 
monumental step forward for the civil rights movement and pivotal to 
establishing equal opportunity in housing for all Americans.
  Home ownership has proven to be one of the most consistent paths to 
obtaining wealth in America and narrowing the wealth gap. Closing the 
racial wealth gap will be an essential path towards countering historic 
discrimination and predatory lending.

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