This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. While the Senate Banking Committee wrangles over reconciling ...

There’s a very big inconsistency in the Community Reinvestment Act. The current CRA rule was passed in 1995 and requires every FDIC insured bank to meet the credit needs of the communities they serve.

I recently came across an astonishing assertion about the Community Reinvestment Act, the legislation tagged by many on the Right as to blame for the financial meltdown. According to what I was ...

This Wednesday, May 18, at 1 p.m. Eastern, join Senior Economics Correspondent Oscar Perry Abello for a flash webinar that gathers a panel of experts to discuss what effects the proposed CRA ...

Recent news stories explain the criticism of Senator Warren and Congresswoman Waters directed at banks that are litigating the 2023 CRA rule. But perhaps their frustration should be focused on the ...

Agency: "Board of Governors of the Federal Reserve System (Board); Federal Deposit Insurance Corporation (FDIC)." SUMMARY: The Board and the FDIC (collectively, the Agencies) are amending their ...

The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act ...

Federal Deposit Insurance Corp. board member Jonathan McKernan said in his dissent over a newly-finalized Community Reinvestment Act overhaul that he has "not seen a convincing argument that we have ...

Jerome Powell, chairman of the Federal Reserve, said Tuesday that the agency's final Community Reinvestment Act rule "will better achieve the purposes of the law by encouraging banks to expand access ...

Just two years ago in Houston, a major national bank was sued for “modern-day redlining.” The NAACP alleged the bank was engaging in discriminatory practices after closing more than half its offices ...

Sign up for The Media Today, CJR’s daily newsletter. Felix Salmon takes John Carney of Clusterstock to task for latching on to the right-wing effort to blame the ...