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Wall Street s social-justice steps to date fail to sway Sen. Sherrod Brown BLOOMBERG Sen. Sherrod Brown, a Democrat from Cleveland, is chair of the Senate Banking Committee. Goldman Sachs Group Inc. added a Black woman to its board this week. Bank of America Corp. bumped up the minimum wage for all its employees. And Wells Fargo & Co. just rolled out an initiative for the unbanked. These moves are central to Wall Street s public-relations arsenal as it yields to demands from activists, shareholders and business partners to do better on diversity, structural racism and the wealth gap matters that ail the nation. As the heads of the biggest banks get ready to list off their key achievements on that front, they shouldn t expect a pat on the back from Washington.

United statesKimberley harrisJane fraserSherrod brownAmerica brian moynihanMark warnerMorgan stanley james gormanJamie dimonCharlie scharfHouse financial services committeeGoldman sachs group incGoldman sachsBloomberg televisionAmerica corpJanney montgomery scottJpmorgan chase co