If these financial institutions curb lending and restrict credit, low-income individuals could see their cost of borrowing rise or could lose access to credit altogether.
I understand that switching to the CECL accounting method... will have significant real-world impacts on community banks...
Small community banks have been disappearing at an alarming rate since the financial crisis...
I have created a bill called the People CARE Act, which would make the program person-centered.
In spite of $900 billion spent every year, over 90 programs, you have people who fall through that safety net.
The reality is, collectively, the United States spends about $900 billion a year on a social safety net.
I do not believe in simple narratives around the issue of housing. There is no one-size-fits-all solution.
At its core, the CRA is a civil rights bill.
Public housing facilities--I am a child and a product of public housing--are crumbling in cities across the country.
As a nation, we are facing an array of serious housing issues. Homelessness is on the rise because of skyrocketing housi...
It was not to stop an imminent Iranian attack against the United States.