Thank you for joining us for todays events. Featuring doctors. This is your first time joining us, my i have the honor of serving as the dean of the school of business. 2020 marks a very special year for this school. Its our 100th anniversary were celebrating 100 years purpose driven business education. Since our inception, we believed in the power of partnership to inform and lead change. So very much would like to thank the cavalli center for Global Security analysis and her wonderful partners, the museum of American Finance and cfa society of new york. Is cosponsoring todays conversation. One of the goals of this centennial series is to shine the light on the important history place in shaping the future. In the latest book, thanking unfreedom, black woman in u. S. Finance and for the new deal, she explores rich. Of financial innovation and his Transformative Impact on u. S. Capitalism. Todays session will take place in three parts. First, my colleague and friend, david, president a
Hearing is entitled an examination of the federal Housing Administration and its impact on homeownership in america. And i now recognize myselffor four minutes to give an Opening Statement. Okay. There was a time when fhas policies explicitly denied access to the American Dream of Home Ownership to black families and people of color. Making owning a home a privilege afforded primarily to white americans and and contributing to the racial wealth gap as we knowit. As a Third Quarter of 2019, the white homeownership rate is 73 percent compared to nearly 40 percent for latinos and 43 percent or black homeowners. Today, fha lays an Important Role in our Housing Finances that is helping to ensure that access to homeownership is broadly available and in fy 2019 alone fha helped over 615 thousand borrowers become homeowners for the first time with over 33 percent of fha markets endorsements. Serving minority owners and half serving low to moderate income borrowers. Fha also plays a vital role
Questions were asking today on maids and some of the answers might surprise you. In the wake of the fridays for future movement its not only schoolchildren protesting against Climate Change around the world germany they have now been joined by businesspeople a group of 4000 startup founders is calling for a new approach to industry and production they call themselves entrepreneurs for a future lets listen. Beyond the name and i think our businesses are always used as an excuse that they cant or wont change and you mustnt harm the economy the way here is entrepreneurs to say that were ready to take action to protect our climate some. Books they can through the north for short haul flights or something only and sex should be taken we have a policy both in our private lives and in the company that we wont take a plane for any trip under a 1000 kilometers. Good then we need to change our system and work with politicians to define a new game plan that makes a particular. This is what were h
Questions we are asking today on maids and some of the answers might surprise you in the wake of the fridays full future movement its not only schoolchildren protesting against Climate Change around the world in germany they have now been joined by businesspeople a group of 4000 startup founders is calling for a new approach to industry and production they call themselves entrepreneurs for a future lets listen. Beyond m. M. M. M. I think our businesses are always used as an excuse that they conjure wont change and you mustnt harm the economy the way here is entrepreneurs to say that were ready to take action to protect our climate. Looks like through the north for short haul flights or something only an sec should be taking we have a policy both in our private lives and in the company that we wont take a plane for any trip under a 1000 kilometers. Good then we need to change our system and work with politicians to define a new game plan to protect. The is right we are here to say that
We achieve growth that is actually good for the planet and how those are the questions we are asking today on maids and some of the answers might surprise you. In the wake of the fridays full future movement its not only schoolchildren protesting against Climate Change around the world in germany they have now been joined by Business People a group of 4000 startup founders is calling for a new approach to industry and production they call themselves entrepreneurs for future so lets listen. Beyond the name and i think our businesses are always used as an excuse that they cant or wont change and you mustnt harm the economy the way here is entrepreneurs to say that were ready to take action to protect our climate. Which they can through the north for short haul flights or something only insect should be taking we have a policy both in our private lives and in the company that we wont take a plane for any trip under a 1000 kilometers. Good thing we need to change our system and work with p