American Banker, March 7, 2022, Regulators expect to release CRA revamp as soon as this month
Federal banking regulators are expected to issue a long-awaited proposal for modernizing requirements under the Community Reinvestment Act as early as this month, officials said Monday.
While the final details are still under debate, the key takeaway, according to Gardineer, is that regulators are committed to “having a level playing field” with “the agencies speaking with one voice.”
