Podcast

The devil and the details of CRA reform

Banks and public advocacy groups agree that the Community Reinvestment Act needs to change. But is the latest proposal moving in the right direction?

Banks and public advocacy groups agree that the Community Reinvestment Act needs to change. But is the latest proposal moving in the right direction?

Comptroller of the Currency Joseph Otting speaks to attendees of a bus tour organized to highlight Community Reinvestment Act supported projects in the Jamaica, Queens neighborhood of Queens, NY, U.S., on Wednesday August 21, 2019. The tour highlighted challenges in low to moderate income neighborhoods for bankers, activists, and non profit workers.
Comptroller of the Currency Joseph Otting speaks to attendees of a bus tour organized to highlight Community Reinvestment Act supported projects in the Jamaica, Queens neighborhood of Queens, NY, U.S., on Wednesday August 21, 2019. The tour highlighted challenges in low to moderate income neighborhoods for bankers, activists, and non profit workers.