Banking Agencies propose to rescind 2023 Community Reinvestment Act rule
Summary by Consumer Finance Monitor
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1 Articles
Banking Agencies propose to rescind 2023 Community Reinvestment Act rule
Federal bank regulators have released a proposal to rescind the Community Reinvestment Act (CRA) final rule that was issued in October 2023. The FDIC, OCC and the Federal Reserve Board said they would replace it with the CRA regulations that were issued in 1995 and are now in place, with certain technical amendments.... Continue Reading
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