Federal Reserve: Open Board Meeting Regarding CRA Modernization Scheduled for October 24th
Agency: Board of Governors of the Federal Reserve System Time, date: 9:30 a.m., Tuesday, October 24, 2023 Place: Martin Federal Reserve Board Building, C Street entrance between 20th and 21st Streets, N.W., Washington, D.C. 20551. Status: Open On the day of the meeting, you will be able to view the meeting via webcast from a…
Congress: Congresswoman Waters Introduces Legislation to Strengthen the CRA and End Modern-Day Redlining
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services introduced H.R. 8833, the “Making Communities Stronger Through the Community Reinvestment Act.” This transformative piece of legislation is a part of Chairwoman Waters’ continuing efforts to root out discrimination in our modern-day banking system and close the racial wealth and homeownership gaps by making…
OCC: Infographics on CRA Modernization Proposed Rule Issued
The Office of the Comptroller of the Currency (OCC) today released a series of infographics to promote comment on the interagency notice of proposed rulemaking (NPR) to modernize and strengthen the Community Reinvestment Act (CRA). The infographics include key information from the CRA NPR on performance standards; data collection, maintenance and reporting; assessment areas; community…
Federal Reserve: “Strengthening the CRA: A Conversation with Representatives of Native Communities”
Speech delivered at National Native Coalition Virtual Series on the Community Reinvestment Act Notice of Proposed Rulemaking (via webcast) by Vice Chair Lael Brainard Good afternoon.1 I am happy to join you today for the National Native Coalition listening session to discuss the Community Reinvestment Act (CRA). I want to thank the National Congress of American…
OCC: Bulletin Issued on Interagency Notice of Proposed Rulemaking to Implement the CRA
On May 5, 2022, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) issued a joint notice of proposed rulemaking to strengthen and modernize the Community Reinvestment Act (CRA) regulatory framework. The proposed…
OCC: Acting Comptroller’s Statement on Interagency Proposal to Modernize the CRA Issued
Acting Comptroller of the Currency Michael J. Hsu issued the following statement at today’s Federal Deposit Insurance Corporation (FDIC) board meeting to consider the interagency notice of proposed rulemaking (NPR) to strengthen and modernize the Community Reinvestment Act (CRA). Today marks an important milestone in our efforts to expand financial access and inclusion for low-and…