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Context In March 2022, the Treasury Department announced a new Treasury Advisory Committee on Racial Equity. The 25-member body, which does not have actual policymaking authority, is tasked with recommending ways that the federal government could potentially rectify economic racial inequalities.

In October 2022, the department announced the committee’s 25 members. The group is chaired by Michael Nutter, formerly the mayor of Philadelphia and now a professor at Columbia University.

Critics have called out Democrats’ such focus on initiatives with explicitly racial aims, saying they run contrary to the idea that the government should provide a level playing field, regardless of color or ethnicity.

For example, they often cite the Biden Administration Agriculture Department’s controversial 2021 program which would have provided loan forgiveness exclusively to farmers of color, in an attempt to correct decades of historical bias by the USDA. (The program was struck down as unconstitutional by a Wisconsin district court judge, originally nominated by Republican President George W. Bush.)

What the bill does The Go Woke Go Broke Act would eliminate the Treasury Department’s Advisory Committee on Racial Equity.

It was introduced in the House on April 20, as H.R. 2776, by Rep. Andrew Ogles (R-TN5).

What supporters say Supporters argue that, as per the bill’s title, an excessive effort on left-leaning “woke” policies is often bad for business.

“Right now, hard-earned taxpayer dollars are being spent by the Treasury Department to promote the Biden administration’s exclusionary and racist DEI [diversity, equity, and inclusion] ideology,” Rep. Ogles said in a press release. “The president is so focused on pitting people against each other on the basis of race, he has turned a blind eye to the failure of woke businesses and banks in the private sector.”

“My legislation would eliminate the ridiculous 25-member committee on ‘racial equity’ that currently exists in the Treasury Department,” Rep. Ogles continued. “Americans deserve an executive focused on enacting sound fiscal policy, not diversity quotas.”

What opponents say Opponents counter that there are indeed racial inequities in American society, and it’s worth the government’s efforts to study and potentially ameliorate them.

“A critical piece of executing on our racial equity goals is bringing a wide set of outside perspectives and lived experiences to the decision-making table,” Treasury Secretary Janet Yellen said in a press release. “The [committee], made up of members with wide-ranging backgrounds and expertise, will provide important insight and advice to leadership across the department to bolster and inform our equity efforts.”

“The creation of this committee is a shining example and testament to the commitment of [the Treasury Department] on the task at hand: how do we find, focus, and factor into programs and policies the issue of racial equity,” Nutter added in that same press release. “Equity, combined with opportunity, can mean prosperity for all Americans, and especially for so many of us who are members of communities of color.”

Odds of passage In addition to its Republican lead sponsor, the bill has attracted 14 cosponsors, all Republicans. It awaits a potential vote in either the House Financial Services or Ways and Means Committee.

Odds of passage are low in the Democratic-controlled Senate.

Summary Below Context In March 2022, the Treasury Department announced a new Treasury Advisory Committee on Racial Equity. The 25-member body, which does not have actual policymaking authority, is tasked with recommending ways that the federal government could potentially rectify economic racial inequalities. In October 2022, the department announced the committee’s 25 members. The group is chaired by Michael Nutter, formerly the mayor of Philadelphia and now a professor at Columbia University. Critics have called out Democrats’ such focus on initiatives with explicitly racial aims, saying they run contrary to the idea that the government should provide a level playing field, regardless of color or ethnicity. For example, they often cite the Biden Administration Agriculture Department’s controversial 2021 program which would have provided loan forgiveness exclusively to farmers of color, in an attempt to correct decades of historical bias by the USDA. (The program was struck down as unconstitutional by a Wisconsin district court judge, originally nominated by Republican President George W. Bush.) What the bill does The Go Woke Go Broke Act would eliminate the Treasury Department’s Advisory Committee on Racial Equity. It was introduced in the House on April 20, as H.R. 2776, by Rep. Andrew Ogles (R-TN5). What supporters say Supporters argue that, as per the bill’s title, an excessive effort on left-leaning “woke” policies is often bad for business. “Right now, hard-earned taxpayer dollars are being spent by the Treasury Department to promote the Biden administration’s exclusionary and racist DEI [diversity, equity, and inclusion] ideology,” Rep. Ogles said in a press release. “The president is so focused on pitting people against each other on the basis of race, he has turned a blind eye to the failure of woke businesses and banks in the private sector.” “My legislation would eliminate the ridiculous 25-member committee on ‘racial equity’ that currently exists in the Treasury Department,” Rep. Ogles continued. “Americans deserve an executive focused on enacting sound fiscal policy, not diversity quotas.” What opponents say Opponents counter that there are indeed racial inequities in American society, and it’s worth the government’s efforts to study and potentially ameliorate them. “A critical piece of executing on our racial equity goals is bringing a wide set of outside perspectives and lived experiences to the decision-making table,” Treasury Secretary Janet Yellen said in a press release. “The [committee], made up of members with wide-ranging backgrounds and expertise, will provide important insight and advice to leadership across the department to bolster and inform our equity efforts.” “The creation of this committee is a shining example and testament to the commitment of [the Treasury Department] on the task at hand: how do we find, focus, and factor into programs and policies the issue of racial equity,” Nutter added in that same press release. “Equity, combined with opportunity, can mean prosperity for all Americans, and especially for so many of us who are members of communities of color.” Odds of passage In addition to its Republican lead sponsor, the bill has attracted 14 cosponsors, all Republicans. It awaits a potential vote in either the House Financial Services or Ways and Means Committee. Odds of passage are low in the Democratic-controlled Senate.

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[–] • 3 pts

I'll pretend the government isn't full of criminals and somehow we have representatives rather than shills.

It's not the job of government to right wrongs. In fact, if we allow government at all, its sole job would be to protect our borders. That is all. Police would be the jurisdiction of local municipalities.

There used to be a time when the borders were enforced. Immigrants were only allowed in if they had a sponsor in good standing.

The idea of government redistributing wealth is an absurd notion. Allowing corporations to have rights and privileges is also absurd. Having the government hand criminals control over our monetary system is absurd. Allowing dual passport citizenship is absurd. Having government bribe towns, states and schools with tax money is absurd.

Governments are not social engineers. They are supposed to represent the citizenry. I don't remember that during my entire lifetime. Life isn't fair. Governments are not supposed to attempt to make life fair.