Banks spend billions and billions and billions of dollars fulfilling their CRA obligations. I want to make sure it is absolutely going to help communities and isn't just a check the box to satisfy regulators.
Mnuchin emphasizes the need for effective use of CRA funds to benefit communities.
Share
More from Steven Mnuchin
I am appalled that you would knowingly make matters worse by permanently ending essential emergency lending programs.
I don’t think anybody should look at what’s a natural, healthy correction of these indexes as indicating that the economy’s in trouble.
When we needed to get this done last March, it got done with overwhelming bipartisan support.