It’s been illegal to make women have a man co-sign their loans since the ’70s. Now the Trump administration could change that.
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It’s been illegal to make women have a man co-sign their loans since the ’70s. Now the Trump administration could change that.Listen(9 min)Listen(9 min)The Trump administration wants to scale back a 50-year-old rule designed to stop financial institutions from discriminating against certain borrowers, especially women and racial minority groups.The Consumer Financial Protection Bureau, a federal watchdog for consumers, proposed a major change to existing federal rules in mid-November. The bureau wants to narrow how it enforces the Equal Credit Opportunity Act, a 1974 law.About the AuthorAarthi Swaminathan is a MarketWatch personal finance reporter covering residential real estate. She is the winner of a silver award for Best Collection of Work by an Individual Covering Residential Real Estate from the National Association of Real Estate Editors.Copyright © 2025 MarketWatch, Inc. All rights reserved.