The directors of the newly created Offices of Women and Minority Inclusion recently submitted their first reports to Congress. These reports show a good start, but also illustrate how much remains to be done.

In the wake of widespread reports of predatory lending in communities of color during the run-up to the financial crisis, Congress added language to the Dodd-Frank financial reform law creating OMWIs in 20 federal financial regulatory agencies.

Read the full BankThink post at "Agencies' Diversity Efforts Have Come Far, But Not Far Enough"