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.
McAdams emphasizes the importance of maintaining CRA's intent while updating regulations.
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Trafficking takes shape in many forms and has many victims, whether it is the over 20 million people trafficked into forced labor or sexual exploitation, or the drugs that are trafficked into our country that devastates families and…
I would just say from my perspective, it seems like you just made it much easier to have consumers get trapped in that cycle of debt.
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