Political Quotes

Nydia Velázquez: “As you know, the CRA was passed by Congress in 1977 in response to redlining and to ensure banks meet the credit and…”

On the recordJanuary 13, 2020
As you know, the CRA was passed by Congress in 1977 in response to redlining and to ensure banks meet the credit and capital needs of all the communities they serve.
Said by
Nydia Velázquez
Democratic · New York

Editor's note · Context

Velazquez highlights the historical purpose of the CRA legislation.

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