As the Fed, the OCC, and the FDIC work on proposing updates to CRA regulations, I hope that you can all preserve the spirit and intent of the CRA to benefit low- and middle-income communities and individuals while also updating the CRA for a 21st Century financial system.
Ben McAdams: “As the Fed, the OCC, and the FDIC work on proposing updates to CRA regulations, I hope that you can all preserve the…”
Editor's note · Context
McAdams emphasizes the importance of maintaining CRA's intent while updating regulations.
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