“This is welcome and meaningful relief for former students drowning in education debt […] but it doesn’t solve the underlying problem of inadequate public support and high costs for education.”
NCRC Statement: Biden Student Debt Relief Is A Great Start – But More Must Be Done Read More »
Prominent individual success stories can create an impression that the Great Migration brought widespread and lasting Black economic liberation. But did it?
Why the Great Migration Did Little to Bridge the Great Racial Divide Read More »
Regulators should act expeditiously to protect consumers who hold digital assets, the National Community Reinvestment Coalition (NCRC) wrote to the Treasury Department in a comment filed Monday. “We are past the point of speculating that digital assets might end up hurting people someday. Consumers are being hurt now, so it is important that regulators act
NCRC To Regulators: Act Now To Establish A Coherent Regulatory Regime For Digital Assets Read More »
“Significant changes will be required if the final rule is to deliver real progress in addressing the legacy of redlining in America.”
(Download) Chief Counsel’s Office Office of the Comptroller of the Currency 400 7th Street SW, Suite 3E-218 Washington, DC 20219 Ann E. Misback Secretary Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, DC 20551 James P. Sheesley Assistant Executive Secretary Federal Deposit Insurance Corporation 550 17th Street NW
NCRC’s Full Public Comment Letter On Community Reinvestment Act Interagency Rulemaking Read More »
Federal agencies are correct to include the disproportionate impacts of the climate crisis in Community Reinvestment Act modernization.
Modernizing CRA Means Giving Banks Credit For Climate Mitigation Projects Read More »
The National Community Reinvestment Coalition (NCRC) on Wednesday applauded a $24 million settlement to punish serious intentional discrimination and redlining in the Philadelphia area, and urged the courts to endorse disciplinary action against Berkshire-Hathaway subsidiary Trident Mortgage Company proposed by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB). “Lending discrimination is a
We need an all-of-the-above approach to tackling the childcare crisis in our country — including in Community Reinvestment Act rules.
How the Community Reinvestment Act Can Support Childcare Read More »
The urgent case for anti-hunger advocates and climate activists to get involved in Community Reinvestment Act reform efforts this summer.
Why Food Justice Advocates Should Care About CRA Reform Read More »
Crosby brings direct city manager experience to House Financial Services Committee hearing on proposed overhaul of Community Reinvestment Act.
NCRC Board Chair Katy Crosby To Testify On Capitol Hill Read More »
The deadline to submit comments on the Notice of Proposed Rulemaking (NPR) on the Community Reinvestment Act (CRA) is fast approaching – Friday, August 5.
REMINDER: CRA Reform Comment Letters Are Due August 5 Read More »
The National Community Reinvestment Coalition (NCRC) on Friday opened applications for the final round of its $5 million Field Empowerment Fund (FEF).
The New York Times, May 31, 2022, Biden and Fed chair Powell are set to meet as inflation dogs the global economy President Biden will meet with Jerome H. Powell, the Federal Reserve chair, at the White House on Tuesday to discuss the state of the U.S. and global economy at a challenging moment. Inflation
The Hill, May 31, 2022, House Democrats to move slate of gun bills this week House Democrats are wasting no time taking up gun violence legislation following last week’s school massacre in Texas, scheduling a special session of the House Judiciary Committee on Thursday to send a slate of tougher firearms rules to the chamber
The Hill: House Democrats to move slate of gun bills this week Read More »
The Wall Street Journal, May 18, 2022, Billions in School Covid-Relief Funds Remain Unspent U.S. school districts are struggling to spend billions of dollars in federal pandemic-relief money before the funding expires. Districts have yet to spend 93% of $122 billion sunk into the K-12 education system last year as part of the $1.9 trillion American
The Wall Street Journal: Billions in School Covid-Relief Funds Remain Unspent Read More »
