your proposal is so flawed that covered banks are telling us that they see it as a very bad rulemaking.
What is the rush, what are you afraid of, or why don't you listen to the people who would be regulated by this and affected by this?
In low- and moderate-income communities, particularly communities of color, the way you build wealth for those communities, the largest inve...
It would become a disincentive for individuals in these communities to lend money in these communities to people of color and of low- and mo...
I understand that switching to the CECL accounting method... will have significant real-world impacts on community banks, minority banks, an...
Small community banks have been disappearing at an alarming rate since the financial crisis...
My concern is that the ramifications are so crucial. And that is why I am so focused on making sure that there is a complete study beforehan...
If these financial institutions curb lending and restrict credit, low-income individuals could see their cost of borrowing rise or could los...
If CECL causes more small lenders to close their doors, the already growing problem of banking deserts and unbanked individuals will be exac...
At its core, the CRA is a civil rights bill.
It was not to stop an imminent Iranian attack against the United States.