WASHINGTON -- Federal Reserve Board Governor Lawrence B. Lindsey should recuse himself from voting on Community Reinvestment Act reform because of his vocal opposition to parts of the proposal, a community activist said Tuesday.

"We think it is inappropriate during a public comment period where a regulator is not supposed to prejudge a rule to comment," said Allen Fishbein, counsel to the Center for Community Change.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.