secretary of housing and urban development julian castro made the announcement yesterday in chicago and he joins me now. >> woodruff: now, will college explain to me, mr. secretary what is the connection between this and the supreme court ruling? >> the supreme court ruling that upheld the use of disparate impact under the fair housing act was also a significant development. the relationship is america has always prided itself on being the undisputed land of opportunity, and one of our challenges is how do we ensure that that remains true in this 21st century. with housing, we know where you live matters, and we want to make sure no one's destiny is determined by their zip code, so that people have their housing opportunity. the disparate impact case was about ensuring that you didn't absolutely have to show intention, you could just show a disparate impact to bring a claim under the fair housing act. what we had yesterday was something called affirmatively fair housing, a rule that basically guides cities as they think about how to ensure there is good, fair housing opportunities throu

discussion of the nation's growing wealth gap featured the housing and urban development secretary julian castrocastro: we want folks to live comfortably in a decent, safe place.

discussion of the nation's growing wealth gap featured the housing and urban development secretary julian castrocastro: we want folks

america meeting in denver, colorado, where a discussion of the nation's growing wealth gap featuring julian castro

discussion of the nation's growing wealth gap featured the housing and urban development secretary julian castro. secretary castro: we want folks to live comfortably in a decent, safe place. >> a panel of visionaries explore diversity and vision in the economy. kay: this is the new economy, and we are all going to love it if we just learned to participate in it. >> this year, questions on over the clintons of how they fund the initiative. bill clinton addressed these questions head with bloombergs betty liu. betty: i want to get to some of the commitments you are excited to talk about today, that i also want to talk about some of the topics that have overshadowed some of the good work that cgi has done. you have something like 200,000 plus sponsors that have supported cgi since 2001. a few of them have begun to reassess their sponsorship of the clinton global initiative. exxon mobil said they will not sponsor you this year. is this because of the funding controversy? mr. clinton: i think they don't want to be involved in politics. they don't think we were ever political. there has never been a f

the measures introduced by julian castro are aimed at fulfilling the 1968 fair housing act.y include guiding -- guidance andities about housing integration patterns. in south carolina, the statehouse has in debating whether to remove the confederate flag from statehouse grounds. if members of the house back the senate bill, governor nikki haley could sign it into law before the end of the week. meanwhile, there is related action at the federal level. banu.s. house has voted to the flag at certain places in the historic deep south. pope speaks to congress in september, it will be on thest on jumbotrons national mall. house speaker john boehner says he wants to speak to them after his speech on september 24. it marks the first time the pope will speak to congress. he will also meet with president obama and other leaders in new york. a big shakeup at barclays. chief executive antony jenkins was ousted after three years at the helm. chairman john mcfarland will replace him as they look for -- john macfarlane will replace him as they look for another ceo. : it was essentially a r

holy and castro -- julian castro sent a tweet after the fair housing action.im has this week, you want to see division, go ahead and put some section eight housing in a wealthy neighborhood. we will go next to greg in new york, good morning. caller: thank you for taking my call, i appreciate it. the way i look at it is there are different ranges of prices of homes for people who work for that goal. people work very hard to get into certain neighborhoods because of better schools, and whatnot. these neighborhoods, these people, they are white, black, chinese, all different types but they work very hard to get into those neighborhoods. those neighborhoods mean something to those people. when you take something like public housing and put it into a neighborhood, and these people do not have any skin in the game , they do not realize the cost of what it is to get there and how hard it is to stay there. they do not have the appreciation for those neighborhoods. the best thing to do, which i believe, is to take neighborhoods -- they tried to do this in chicago at on