Vice chair of Treasury Dept’s new racial equity committee wants to defund police, 'center race' in all policy

FIRST ON FOX: The vice chair of the Treasury Department’s newly-announced racial equity committee wants to defund the police and put racial justice at the center of all government policymaking.

Treasury Secretary Janet Yellen on Tuesday announced the formation of a 25-member committee called the Treasury Advisory Committee on Racial Equity, which will identify, monitor, and review aspects of the domestic economy "that have directly and indirectly resulted in unfavorable conditions for communities of color," according to a press release.

In the latest iteration of the Biden administration’s inclusion of capitalism critics in federal governance, Felicia Wong, the president and CEO of the Roosevelt Institute, was announced to serve as the nascent racial equity committee’s vice chair.