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Tag: Community Renivestment Act

Banking Groups Sue Regulators to Block CRA Revamp

Industry bank groups sue regulators over CRA

Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending.

Published February 6, 2024
Categorized as Show on Homepage Tagged banking groups, Community Renivestment Act, lawsuit, US Regulators
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