From The Hill:
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Citigroup has agreed to undergo an independent racial equity audit, the bank announced Friday.
In a blog post, Citi Executive Vice President Edward Skyler said the audit will “help us assess the impact our work is having and will help inform how to adapt and grow our work to address the racial wealth gap.”
The audit will be conducted by the law firm Covington & Burling LLP and will focus on the company’s “Action for Racial Equity” (ARE) initiative.
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