Top Trump bank regulator angers Democrats by downplaying lending discrimination

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Top bank regulator Joseph Otting ran into trouble during Capitol Hill visits this week by downplaying the existence of discrimination in financial markets, which is likely to further strain the relationship between the Trump appointee and congressional Democrats.

While testifying Thursday before the House and Senate in his role as comptroller of the currency, Otting maintained that he hasn’t witnessed discrimination in finance. Democrats rejected the claim.

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