Bloomberg once appeared to blame the financial crisis on the end of redlining — how this discriminatory practice still hurts Americans

Jacob Passy
Bloomberg once appeared to blame the financial crisis on the end of redlining — how this discriminatory practice still hurts Americans

In addition to clashes over nondisclosure agreements and policing practices, Sen. Elizabeth Warren and former New York Mayor Mike Bloomberg squared off during Wednesday night’s Democratic presidential debate over the mayor’s past comments regarding discriminatory housing policies. “When Mayor Bloomberg was busy blaming African-Americans and Latinos for the housing crash of 2008, I was right here in Las Vegas, literally just a few blocks down the street, holding hearings on the banks that were taking away homes from millions of families,” the Massachusetts senator said. The Associated Press last week resurfaced statements Bloomberg made in 2008 during a forum at Georgetown University, linking redlining to the financial crisis roiling the nation at the time.