Taylor said consumers of color should not have to “whitewash” their home in order to get their property reappraised. “Stories like Tanisha and Paul’s are far too common, and they are evidence that systemic change is needed.” “As a result, their home was valued 50% higher than it was the first time,” the vice president noted. During their second appraisal, the Tate-Austins asked a white friend to pose as the homeowner by putting up photographs of his family and meeting with the appraiser. Harris recalled meeting Paul Austin and Tenisha Tate-Austin, a Black couple in California who suspected their initial appraisal was undervalued because of their race. They also have the goal, she said, of improving the process for reconsideration of value, which is when a homeowner can ask a lender to reconsider a home valuation that the consumer believes to be inaccurate. Melody Taylor, executive director of the PAVE task force, told theGrio the measures are intended to create standards and strategies to eliminate racial discrimination in home appraisals.
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Racial bias in home appraisals has been identified by housing and economic experts as a major driver in these disparities.Īs part of its plan to close the racial gap in home equity, the White House pledged to implement policies that: prevent algorithmic bias in home valuation, increase transparency by leveraging federal data, empower homeowners to take action against racial bias and diversify the appraisal profession. Michael R.Harris noted that Black and Latino families are twice as likely than white families to have their homes undervalued and pay more for mortgages, and that they are less likely to get access to home equity lines of credit.
I pledge to you that I will continue to do my part to work in good faith with the incoming administration to ensure an orderly transition of power. Work with us to lower the temperature and unite our country as we prepare to inaugurate President-elect Joe Biden as the next President of the United States. I urge you and every member of Congress to avoid actions that would further divide and inflame the passions of the moment. In the midst of a global pandemic, economic hardship for millions of Americans, and the tragic events of January 6th, now is the time for us to come together, now is the time to heal. and a time to build up.” That time is now. The Bible says that “for everything there is a season, and a time for every purpose under heaven.a time to heal. After the horrific events of this last week, our Administration's energy is directed to ensuring an orderly transition. Invoking the 25th Amendment in such a manner would set a terrible precedent. Under our Constitution, the 25th Amendment is not a means of punishment or usurpation. Just a few months ago, when you introduced legislation to create a 25th Amendment Commission, you said, “ President's fitness for office must be determined by science and facts.” You said then that we must be “ery respectful of not making a judgment on the basis of a comment or behavior that we don't like, but based on a medical decision.” Madam Speaker, you were right.
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Last week, I did not yield to pressure to exert power beyond my constitutional authority to determine the outcome of the election, and I will not now yield to efforts in the House of Representatives to play political games at a time so serious in the life of our Nation.Īs you know full well, the 25th Amendment was designed to address Presidential incapacity or disability.
I do not believe that such a course of action is in the best interest of our Nation or consistent with our Constitution. But now, with just eight days left in the President's term, you and the Democratic Caucus are demanding that the Cabinet and I invoke the 25th Amendment. It was a moment that demonstrated to the American people the unity that is still possible in Congress when it is needed most. 20515Įvery American was shocked and saddened by the attack on our Nation's Capitol last week, and I am grateful for the leadership that you and other congressional leaders provided in reconvening Congress to complete the people's business on the very same day. The Honorable Nancy Pelosi Speaker of the House of Representatives Washington, D.C.
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