Washington Times on Financial Regulation Bill

The Center for Equal Opportunity’s Roger Clegg was quoted in a Washington Times editorial on racial preferences in the financial regulation bill:

“Translated out of bureaucratic mumbo jumbo, this means federal hacks can pressure a vast array of private companies to make hiring decisions based on race. It is a backdoor way of instituting a racial quota system. Sure, no law will officially require a quota, but if the head of a small credit union doesn’t want to be harassed by the regulatory agency, or if there is a danger of losing any contract or subcontract with any larger institution subject to these regulations, he will know darn well that he needs to show that his institution has a high proportion of minorities and women as employees.

“Roger Clegg, president of the Center for Equal Opportunity, raised another valid point in a July 12 essay. ‘Constitutional issues are raised by the various provisions of Section 342 because it is problematic when the government uses classifications or preferences based on race, ethnicity or sex … Indeed, such classifications and preferences are ‘presumptively invalid.’”

Also see Clegg’s article about the bill.

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