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George Vashon broke many barriers as a black man in the 1800s. He was the first black to graduate from Oberlin College, the first black lawyer in New York state and the first professor at Howard University. But there was one barrier he could not break — obtaining a law license in his home state of Pennsylvania, where his application was twice rejected because of his skin color.
by Matthew Jaffe
Seth Wheeler, who designed the Obama administration's foreclosure prevention program, has left his post as a senior advisor at the Treasury Department.
Wheeler, who started at the agency under the Bush regime's Treasury Secretary Hank Paulson, has reportedly gone to work for Habitat for Humanity.
by Zenitha Prince
For African Americans and other minorities financial reform is particularly important, advocates, lawmakers and officials said.
Like most of her colleagues this week, Rep. Maxine Waters is somewhat somber, reflecting on the life of Dorothy Height.
But the Congresswoman from California also has good reason to celebrate – and she is.
By Bruce Alpert
Washington bureau
A U.S. House committee approved legislation Tuesday that would let property owners buy wind coverage through the National Flood Insurance Program.
The bill, approved 40-25 by the House Financial Services Committee, now goes to the full House, which passed the measure two years ago.
By Kevin Drawbaugh
A bill to overhaul the troubled National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee.