Strengthening and expanding the reach of the Community Reinvestment Act and duties to serve throughout the financial sector has to be at the forefront of policy questions about racial equity, the racial wealth gap and expanding financial inclusion for lower income communities.
Federal Reserve Board Chair Jerome Powell, U.S. Senators Elizabeth Warren and Sherrod Brown, and Pulitzer Prize-winning journalist Nikole Hannah-Jones will be featured speakers at the 2021 Just Economy Conference, which will be held online beginning May 3.
Stronger data, better monitoring and bold policy proposals are needed to address the national crisis of racial wealth inequality. 2020 must be the year the nation starts to turn back the ongoing racial wealth divide.
How the Racial Wealth Divide is Weakening the American Middle Class Read More »
The Democratic Senator said officials are rolling back anti-discrimination protections for people of color in the face of modern-day redlining.
Reveal: Warren writes to regulators on ‘disturbing pattern’ of fair housing changes Read More »
The Senate just voted 67-31 and passed Senate Bill 2155, also nicknamed the #BankLobbyistAct. S. 2155 rolls back bank data reporting requirements used to ensure banks treat all borrowers fairly. John Taylor, President and CEO of the National Community Reinvestment Coalition, made the following statement.
We must stay vigilant as the #BankLobbyistAct moves to the House Read More »
Watch U.S. Senator Elizabeth Warren read our joint opposition with The National Urban League to #S2155 during floor debates yesterday.
The #BankLobbyistAct makes it easier for banks to discriminate Read More »
The Consumer Financial Protection Bureau dropped an investigation triggered by a 2013 ProPublica story about a lender that charges triple-digit interest rates.
An Axe to the Heart of Consumer Protection: Politics As Usual Threaten to Undermine Meaningful Consumer Protection Consumer Groups Call on Congress to Cease Efforts Aimed to Undermine the Consumer Financial Protection Bureau Washington, DC – As the House Financial Services Committee prepares to meet this Thursday to vote on newly introduced bills aimed to
Politics Threaten to Undermine Meaningful Consumer Protection Read More »
As Expected, Effort Underway To Weaken Consumer Financial Protection Bureau NCRC’s John Taylor Says Financial Lobby Strangling Reform Washington, DC – John Taylor, CEO and President of the National Community Reinvestment Coalition, released this statement today about the markup of legislation by the House Financial Services’ Subcommittee on Financial Institutions and Consumer Credit. Two bills
NCRC Opposes Weakening the CFPB Read More »
