Biden’s Treasury Department Adopting Marxist Policies?!?

( – The Treasury Department of President Joe Biden’s administration has established a new body to promote policies for “racial equity” in the economy.

The so-called “Treasury Advisory Committee on Racial Equity” will consist of 25 members from universities and business and racial advocacy groups.

The new body will meet four times a year to assess the “racial equity” efforts of the Treasury Department.

The Washington Times reported that it would give the department “guidance” on economic “equity” programs.

Democrat Vice President Kamala Harris launched the racial equity committee at the Treasury Department at an event on Tuesday.

“America is a nation driven by the ambition and aspiration of her people, and so let us continue to fight to make sure all people have a chance to realize their dreams and determine their own future,” she stated.

“Because when we do, we not only advance economic justice, we strengthen our economy as a whole, creating prosperity and opportunity for all,” Harris argued.

The 25 members of the new Treasury Department committee include the CEO of Mastercard, Michael Miebach; former Philadelphia Mayor Michael Nutter; the president of the progressivist Roosevelt Institute think tank Felicia Wong; and the head of the Association for Neighborhood and Housing Development, Barika Williams.

Wong’s appointment to the committee was notably controversial because she demanded the implementation of far-left ideas and racial justice as the main focus of government policies. She has also advocated defunding the police and shuttering for-profit prisons.

“Always considering race in policy design is therefore vital,” stated a report released last year by her think tank in which Wong was a co-author.

The report insisted that “all policy” has a “racial impact” and demanded that wealth in the United States be redistributed for racial justice. It emphasized that “equity” meant “equal outcomes” for all, not just equal opportunities.

“True equity means equity of outcome, and not accepting the promise of ‘opportunity’ within a system that continues to systematically exclude,” Wong wrote.

“It demands redistribution of resources—especially when wealth for some has been extracted from many—and a redistribution of decision-making power,” she declared further.

The launch of the Treasury Department’s racial equity committee comes after last week. Vice President Kamala Harris declared that relief aid would be based on race to promote equity after Hurricane Ian.

The ensuing outrage forced the White House to disprove her words by promising all those affected would receive appropriate aid.