As financial regulators continue their review of the Community Reinvestment Act regulations, Federal Reserve Governor Lael Brainard today said that they are considering making adjustments to the assessment area definition that would allow banks to receive CRA consideration for community developments in a more expansive area.
Speaking at a research symposium in Philadelphia today, Federal Reserve Governor Lael Brainard said that there is “general agreement” among stakeholders on the need to update the Community Reinvestment Act regulations.
Setting ABA’s government relations agenda for 2019.
Is your bank leaving FHLB resources on the table?
ABA yesterday submitted its long-awaited comment letter to the OCC.
The latest episode of the ABA Banking Journal Podcast features interviews with the winners of ABA’s 2018 Community Commitment Awards.
With less than a week before comments are due on the OCC’s August advance notice of proposed rulemaking on the Community Reinvestment Act, ABA VP Krista Shonk follows up an earlier podcast interview with tips on how to complete a comment letter and key points ABA will be making in its own letter.
The Federal Reserve is fully participating in an interagency process to revise Community Reinvestment Act regulations, Fed Governor Lael Brainard said today.
On a bonus episode of the ABA Banking Journal Podcast, ABA VP Krista Shonk outlines the process for modernizing Community Reinvestment Act regulations and how bankers can get involved
The Federal Reserve is “very much interested” in moving ahead with the interagency effort to update Community Reinvestment Act regulations, Fed Chairman Jerome Powell said at a press conference today.