Republican (fascist/socialist) de facto President Ford (25th amendment) signs the Equal Credit Opportunity Act, imposing heavy sanctions on commercial banks that discriminate on the basis of race, color, religion, national origin, sex, marital status, or age.
Question: What advantage would it be for a bank to deny a loan to any credit worthy applicant?
[added 11/13/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Equal Credit Opportunity Act, 88 Public Statutes at Large 1521 (1974),
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