Treasury Exec Backs Defunding Police, ‘Center Race’ In All Policy

FILE - A protester holds a sign calling for the defunding of police at a protest on July 25, 2020, in Oakland, Calif. Oakland officials will reverse plans to cut police funding and seek to hire more officers as soon as possible, Mayor Libby Schaaf said Monday, Nov. 29, 2021, as a spate of gun violence and fatal shootings has left residents on edge. (AP Photo/Christian Monterrosa, File)

At a glance

  • Fox is reporting that the vice chair of the Treasury Department’s newly-announced racial equity committee wants to defund the police and put racial justice at the center of all government policymaking.
  • Treasury Secretary Janet Yellen on Tuesday announced the formation of a 25-member committee called the Treasury Advisory Committee on Racial Equity, which will identify, monitor, and review aspects of the domestic economy “that have directly and indirectly resulted in unfavorable conditions for communities of color,” according to a press release.
  • Vice chair is a former executive at the Democracy Alliance, a network of liberal megadonors founded in part by billionaire George Soros. Since 2012, she has led the Roosevelt Institute, a liberal think tank that wants to abolish for-profit prisons, reimagine capitalism, and put racial justice at the “center” of all government policymaking.

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