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what's the difference between a law and a policy? redlining explicitly excluded black neighborhoods from FHA loans.
by throwlaplace 6y ago
what's the difference between a law and a policy? redlining explicitly excluded black neighborhoods from FHA loans.
- dannypgh 6y agoLaws are passed by Congress, policies are created by the executive to define things left unspecified by law, pursuant to broader powers granted by Congress. Policies that aren't laws carry the same effective force of law, but they can be changed on a whim by the president with an executive order. The Federal Home Loan Bank Act established the agencies that would create redlining, but the redlining itself was created by the administrators and independent agencies created by the act.
- throwlaplace 6y agoThanks for giving me the answer to a rhetorical question. My point was very simply that all of the black people that got denied loans don't care whether it was because of a law or a policy (and neither do I).