(The Center Square) – A controversial new equity committee at the U.S. Department of Treasury has sparked controversy and drawn the scrutiny of lawmakers on Capitol Hill.
The Treasury Department said in the Treasury Advisory Committee on Racial Equity that it would “advance racial equity in the economy and address acute disparities for communities of color.”
“Toward that end, the Committee will identify, monitor, and review aspects of the domestic economy that have directly and indirectly resulted in unfavorable conditions for communities of color,” the Treasury Department’s announcement said.
House Republicans sent a letter to U.S. Treasury Secretary Janet Yellen this week raising concerns that the progressively ideological members will have outsized influence on the agency’s policy decisions “such as modernizing the Internal Revenue Service and implementing the so-called ‘Inflation Reduction Act.’”
“The timing of the Advisory Committee’s formation and the elevation of a radically partisan left-wing voice to lead this initiative are disturbing,” the letter reads. “The formation of this Advisory Committee will only worsen this Administration’s politicization of the Department of Treasury (Treasury) and distract it from its core responsibilities which include ensuring a level playing field for all Americans.”
The letter also raises concerns about whether the group “will advance radical and divisive views within Treasury and the Administration.”
One member in particular has been a source of controversy for the committee. Felicia Wong, the committee’s vice chairwoman, has been under fire for previous statements she made supporting defunding police as well her stance on race being a fundamental aspect of all public policy.
One report Wong co-authored for the Roosevelt Institute says, “no policy, even if facially race-neutral, is race-neutral in practice.” It also claims the U.S. needs “an honest reckoning of America’s legacy of white supremacy and violence, followed by concrete, reparative action to redress those harms …”
That same report questions America’s “skills-based” economy.
“Power relationships within a market-based society have changed somewhat over the last century,” the report said. “But they remain entrenched in racialized capitalism and a politics that have yet to fully reckon with those deep roots. Many thus continue to believe in a skills-based, opportunity-focused liberalism that denies the history and present effects of race-based economic stratification.
“Therefore, our mainstream politics has yet to recognize, prioritize, and make central the reckoning, race equity, and self-determination that a multiracial democracy would require,” the report adds.
This committee is one of several controversial “equity efforts” pushed by the Biden administration across several agencies, a move supporters say addresses wrongs and structural racism in America.
“A critical piece of executing on our racial equity goals is bringing a wide set of outside perspectives and lived experiences to the decision-making table,” Yellen said in a statement. “The Treasury Advisory Committee on Racial Equity, made up of members with wide-ranging backgrounds and expertise, will provide important insight and advice to leadership across the department to bolster and inform our equity efforts.”
Critics, though, contend Biden is using racialized identity politics throughout his administration to cater to the left wing of the Democratic party.
“At a time when millions of American families are struggling to make ends meet, Secretary Yellen and Biden’s Treasury Department are virtue signaling instead of working to fix the economic mess they created,” said Patrick McHenry, R-N.C., the top Republican on the House Financial Services Committee. “The Biden administration is driving our economy off a cliff by continuing to pursue their progressive agenda and elevating the most radical voices on the left, like Ms. Wong.”
Other critics argued the Treasury Department should be more focused on economic issues given soaring inflation, gas prices and a recession.
“The Department of the Treasury under the direction of Secretary Janet Yellen first denied the severity of the economic crisis facing American families and now refuses to acknowledge the primary culprit behind the turmoil: the explosive growth in federal government spending financed by trillions of dollars printed by the Federal Reserve,” said Joel Griffith, an economic expert at the Heritage Foundation. “After denying the problem and shirking responsibility, her new ‘equity’ committee will advance an extreme, woke agenda by misleading the public into believing that systemic racism – rather than failed ‘progressive’ policies – perpetuates poverty, low quality schools, and a lack of opportunities in some minority communities.
He added, “The inaugural chair – Felicia Wong – of this committee has long advocated for a dismemberment of our capitalist system and defunding of police, policies certain to further deteriorate quality of life for all families – regardless of race.”
An equity committee created by our treasury department is just a word salad dressing name for a committee of social theft from the honest American Producers into the bank accounts of the dishonest American Consumers. It is coming to the point that the Democrats so openly organize the party theft they no longer feel a need to disguise what is SO obvious to Productive American citizens, daily being robbed of their personal property, hard earned wealth, and the life force they expended to CREATE it. Equity is just another name for equal distribution of their American poverty in the destruction of the very people of America who make this country great, with the obvious agenda to Make America Mediocre Again, with our workable successful wealth creating meritocracy aggressively being replaced by a Democrat party created idiocracy, born of greed, dishonestly and an inborn desire of coveting their neighbors hard earned wealth and success with stolen government power in the unearned sweat equity of government god redistribution of wealth. Socialism is their religion. They are the obvious killers of the concept of American Self-government, having over-bred/ under or miss-educated legions of loser American followers. Their social collectives of the weak, who like the Nazi’s, only win up front because they organized sooner, but always lose in the end when the individual American strong are forced to collectively themselves, organize to oppose them.
“The most effective means
“The most effective means are whatever will achieve the desired results.” – Saul Alinsky
The only thing this will do is make us all EQUALLY SUFFER!
“… Racial Equity Committee, Its Leader Criticized On Multiple Levels
Casey Harper | The Center Square | Oct 21, 2022 | News…”
Democrat President, L.B.J. once said,” Theses Negroes, they’re getting pretty uppity these days and that’s a problem for us since they have something now, they never had before, the political pull to back up their uppityness, Now we’ve got to do something about this, we ‘ve got to give them a little something, just enough to quite them down, not enough to make a difference, …”
Is That what the Democrats are doing now.?
The new equity committee at the U.S. Department of Treasury
“distracts it from its core responsibilities which include ensuring a level playing field for all Americans.”
“Equity” is NOT “ensuring a level playing field for all Americans”, IT IS socialism!
Exactly what part of what I have worked for, is your fair share?
Scruffy_USN_Retired on 8:25 am October 21, 2022
The new equity committee at the U.S. Department of Treasury
“distracts it from its core responsibilities which include ensuring a level playing field for all Americans.”
“Equity” is NOT “ensuring a level playing field for all Americans”, IT IS socialism!
” Socialism is a philosophy of failure the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
Winston Churchill- Az Quotes
TO libtard socialists, ALL OF IT.
David Horowitz once wrote, ” 10 Reasons Preparatipns is a bad idea and Racist too. ” Everyone should read this.
Ituser, I couldn’t have expressed my sentiments any better than you did. Thank you!
Glad you liked it liberty.
This country was founded on equality. Equity is a bastardization of what was a fantastic concept. Designed for those who basically want something for no effort
Deacon October 21, 2022 said,
” This country was founded on equality. Equity is a bastardization of what was a fantastic concept. Designed for those who basically want something for no effort.”
“Reparations,” Willim Shakespear one said A Rose by any other name would smell just as sweet…” WELFARE,-. REPARATIONS”… “… Smell just as sweet.”
It’s a committee of air heads!
More like a committee of COMMIES!
The Democrat Party Elite have Played ” The RACE CARD, ” Issue so Long now that it reminds everyone of,” THE LIttle Boy WHO CRIED WOLF, “ALSOPS FABLES.”
“…Welfare,” A bored Boy tending Sheep cried “Wolf!” to get attention. He did it again and people came. A third time and the Boy was ignored. Goodbye flock.
A liar will not be believed,..”
Eliot/Jacobs Version
If republicans retake an house of Congress ?? Then that department needs to go. It is Unconstitutional to Discriminate against race and that is Exactly what that department does but against white people
Equity is the funhouse mirror version of equality. Disparities is the stand in for discrimination to pretend it is happening. Adding the adjective “racial” in front of these nouns provides an instrument of power and control.
“He who does not have wants what he who has but does not want to have to work to get it.” Thinks equality means, I will give you half of what I do not have or half of my proverty in exchange for half of what you have. That to have meant hard work, dedication, sacrifices, etc is something that the do not have will never understand or want to do.”
This is my own personal opinion and way of thinking. To agree or not, thank you for at least seeing it.