Financial Reform Good News for Black

July 16, 2010  |  

(Black America Web) — Austan Goolsbee, a senior economic advisor for the Obama administration, took a seat behind the hardwood table in the West Wing of the White House and praised a sweeping financial regulatory bill designed to protect Americans – and African-Americans, in particular – from unscrupulous mortgage lenders and shady neighborhood check cashing centers. “This is a very big triumph for the president and the American people,” Goolsbee told several black journalists at the White House, including a correspondent from BlackAmericaWeb.com.

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