Trump Executive Order Threatens Women’s Financial Independence
President Trump’s executive order, aiming to promote meritocracy, targets disparate-impact liability, a legal principle addressing unintentional discrimination. This order calls for a review of all pending cases under the Equal Credit Opportunity Act (ECOA), potentially hindering efforts to protect women from credit discrimination. While the EO doesn’t change the law itself, federal agencies’ compliance could effectively stall litigation and roll back protective regulations, impacting access to credit and housing for various protected groups. The order’s ultimate impact may unfold through future court cases, potentially reaching the Supreme Court.
John Q. Hosedrinker