Federal Reserve Vice Chair for Supervision Michael Barr, FDIC Board Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu will discuss the new Community Reinvestment Act (CRA) rules in a live conversation with National Community Reinvestment Coalition (NCRC) President and CEO Jesse Van Tol next Friday, November 3rd.
Interested parties can register for the livestreamed conversation here. The event will begin at 3:30 pm ET on November 3rd.
Tuesday’s votes to confirm the new CRA rules mark the first significant overhaul of the law’s implementing regulations since the 1990s. The vast scope of the changes will have sweeping effects for communities, advocates and financial institutions everywhere in the United States. Vice Chair Barr will provide fresh perspective on some of the decisions reflected in the rule and seek to address the questions community organizations may have as they digest the lengthy document.