News Congress Enacts $2 Trillion COVID-19 Emergency Response By 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
News House Subcommittee Presses Treasury Secretary about CDFI Fund Budget Cuts On 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
News Federal Housing Finance Agency Seeks Advice on Issues Related to Federal Home Loan Bank Membership On 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
News OCC, FDIC Announce Extension of CRA Reform Public Comment Period On 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
News Weigh in on the Future of the Community Reinvestment Act The 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
News Representative DeSaulnier Introduces Equitable Transit Oriented Development Act On 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
News Congress Holds Hearings on OCC-FDIC Community Reinvestment Act Reform Proposal On 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
News Change of Course from Consumer Financial Protection Bureau Could Help Home Buyers Earlier 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
News Helpful Resources on the New CRA Proposal Last 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