fbpx

Senate

NCRC disappointed by Senate vote against CRA resolution

By / / Press Releases / 2 minutes of reading

Today, the Senate failed to pass H.R. Res 90, which would have overturned new rules on the Community Reinvestment Act (CRA) finalized by the Office of the Comptroller of the Currency (OCC) in May. On a party line vote, Senate Democrats voted in support of the resolution that would nullify the OCC’s weakening of CRA rules, while Senate Republicans voted to keep them in place.

NCRC disappointed by Senate vote against CRA resolution Read More »

Senate plan helps banks, not the economy

By / / Press Releases / 1 minute of reading

Senate Banking Chairman Mike Crapo (R-Idaho) released the text of bipartisan “Economic Growth” legislation, which rolls back valuable fair lending requirements and protections from the dangerous banking practices that led to the 2008 financial crisis.

“This legislation will grow economic inequality rather than our economy, as its name suggests” said John Taylor, President and CEO of the National Community Reinvestment Coalition. “In the midst of several financial scandals, politicians on both sides of the aisle have again proven that their allegiances to Wall Street far surpass their promises to Main Street.”

Senate plan helps banks, not the economy Read More »

NCRC Applauds Senate Confirmation of Julián Castro as HUD Secretary

By / / Press Releases / 1 minute of reading

Washington, D.C. – Today, in reaction to the U.S. Senate’s confirmation of Julián Castro as Secretary of the Department of Housing and Urban Development (HUD), the National Community Reinvestment Coalition’s (NCRC) President and CEO John Taylor made the following statement:  “We congratulate Secretary Castro on his confirmation as HUD Secretary. We welcome his leadership and look

NCRC Applauds Senate Confirmation of Julián Castro as HUD Secretary Read More »

NCRC Applauds President Obama’s Nomination of Julián Castro to Head HUD

By / / Press Releases / 1 minute of reading

Washington, D.C. – Today, in response to President Obama’s nomination of San Antonio Mayor Julián Castro as the next Secretary of the Department of Housing and Urban Development (HUD) NCRC President and CEO John Taylor made the following statement:  “We applaud President Obama for his nomination of Mayor Julián Castro to serve as the next Secretary

NCRC Applauds President Obama’s Nomination of Julián Castro to Head HUD Read More »

National Groups Call on Senate Majority Leader Reid to Hold off Floor Vote on Johnson-Crapo

By / / Press Releases / 3 minutes of reading

Washington, D.C. – Today, the National Community Reinvestment Coalition (NCRC) and other leading national organizations sent a letter to Senate Majority Leader Harry Reid calling on him not to give the current Johnson-Crapo housing finance reform legislation a floor vote in the Senate. The letter outlines the groups’ concerns with the bill and warns of the

National Groups Call on Senate Majority Leader Reid to Hold off Floor Vote on Johnson-Crapo Read More »

Hundreds of Community Groups Send Letter to Senate Banking Committee Leadership Expressing Concern About Johnson-Crapo Bill

By / / Press Releases / 9 minutes of reading

Washington, DC – Today, hundreds of members of the National Community Reinvestment Coalition (NCRC) across the country and other community groups sent a letter to Senate Banking Committee Chairman Tim Johnson and Ranking Member Mike Crapo outlining their concerns with the access provisions in the Johnson-Crapo housing finance reform legislation. The letter, which was signed by

Hundreds of Community Groups Send Letter to Senate Banking Committee Leadership Expressing Concern About Johnson-Crapo Bill Read More »

NCRC Applauds Senate Confirmation of Sarah Bloom Raskin as Deputy Treasury Secretary

By / / Press Releases / 1 minute of reading

Washington, DC – Today, in reaction to the Senate’s confirmation of Sarah Bloom Raskin as Deputy Secretary of the U.S. Department of the Treasury, the National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement: “We applaud the confirmation of Sarah Bloom Raskin as Deputy Secretary of the Treasury Department. During

NCRC Applauds Senate Confirmation of Sarah Bloom Raskin as Deputy Treasury Secretary Read More »

NCRC Applauds Confirmation of Thomas Perez as Secretary of Labor

By / / Press Releases / 1 minute of reading

  Washington, DC – Today, the National Community Reinvestment Coalition applauded the confirmation of Thomas Perez as Secretary of the U.S. Department of Labor. NCRC President and CEO John Taylor made the following statement: “We are very pleased that Thomas Perez has been confirmed as Secretary of Labor. Tom Perez is an outstanding public servant

NCRC Applauds Confirmation of Thomas Perez as Secretary of Labor Read More »

NCRC Applauds Confirmation of Richard Cordray

By / / Press Releases / 1 minute of reading

Washington, DC – Today, the National Community Reinvestment Coalition applauded the Senate confirmation of Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). NCRC President and CEO John Taylor made the following statement: “Chalk one up for consumers. Big money didn’t want to see the Consumer Financial Protection Bureau created or a talented

NCRC Applauds Confirmation of Richard Cordray Read More »

NCRC Calls on Senate to Confirm Richard Cordray

By / / Press Releases / 1 minute of reading

  Washington, DC – Today, the National Community Reinvestment Coalition called for the Senate to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). President Obama renominated Cordray to be CFPB Director in January of 2013. Senate Majority Leader Harry Reid filed for cloture on the motion to proceed on Cordray’s nomination

NCRC Calls on Senate to Confirm Richard Cordray Read More »

NCRC Calls for Senate Confirmation of Mel Watt

By / / Press Releases / 2 minutes of reading

  Washington, DC – In anticipation of today’s confirmation hearing, the National Community Reinvestment Coalition called for the confirmation of Mel Watt as Director of the Federal Housing Finance Agency (FHFA). “We urge the Senate to promptly confirm Mel Watt as Director of the FHFA,” said NCRC President and CEO John Taylor. “He is highly

NCRC Calls for Senate Confirmation of Mel Watt Read More »

Wall Street Pulling Out All the Stops to Maintain Veil of Secrecy

By / / Press Releases / 3 minutes of reading

Wall Street Pulling Out All the Stops to Maintain Veil of Secrecy and Avoid Accountability Brought by Financial Reform Bill

Senate bill needs to get stronger to protect consumers

Washington, DC — As the Wall Street reform debate opens in the Senate, the financial services lobby is pulling out all the stops to weaken or even kill the financial reform bill.  On a mission to fight off oversight and accountability, Wall Street banks have already poured in millions of dollars, deployed over a thousand lobbyists, including former members of congress, all in efforts to fight off the bill and guard their lofty profits. The National Community Reinvestment Coalition urged the Senate today to fight on behalf of the American people for strong reform that ensures that the financial system is fair, transparent, and accountable.

Wall Street Pulling Out All the Stops to Maintain Veil of Secrecy Read More »

Scroll to Top

Start typing and press enter to search