NewsCongress Enacts $2 Trillion COVID-19 Emergency ResponseBy a vote of 96-0, on March 25 the US Senate passed the CARES (Coronavirus Aid, Relief and Economic Security) Act, which… March 27, 2020
NewsHouse Subcommittee Presses Treasury Secretary about CDFI Fund Budget CutsOn March 4, Treasury Secretary Steven Mnuchin appeared before the House Appropriations Financial Services and General Government Subcommittee (FSGG) for a hearing on the Department… March 6, 2020
NewsFederal Housing Finance Agency Seeks Advice on Issues Related to Federal Home Loan Bank MembershipOn February 24, 2020, the Federal Housing Finance Agency issued a Request for Input (RFI) soliciting guidance from the public on a series of… March 4, 2020
NewsOCC, FDIC Announce Extension of CRA Reform Public Comment PeriodOn February 19, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) extended the public comment period for proposed… February 25, 2020
NewsWeigh in on the Future of the Community Reinvestment ActThe March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and… February 10, 2020
NewsRepresentative DeSaulnier Introduces Equitable Transit Oriented Development ActOn February 7, Representative Mark DeSaulnier (D-CA) introduced the Equitable Transit Oriented Development Act (H.R. 5783), which would make community development financial… February 9, 2020
NewsCongress Holds Hearings on OCC-FDIC Community Reinvestment Act Reform ProposalOn January 29, Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee for a contentious hearing entitled “The Community Reinvestment Act:… February 9, 2020
NewsChange of Course from Consumer Financial Protection Bureau Could Help Home BuyersEarlier this month, Consumer Financial Protection Bureau (CFPB) Director Kathleen Kraninger informed Members of the U.S. Senate Banking Committee that the Bureau… January 27, 2020
NewsHelpful Resources on the New CRA ProposalLast month, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) proposed sweeping reforms to the CRA regulations that could significantly… January 9, 2020