Tell the OCC and FDIC: Do Not Weaken the Community Reinvestment Act!
Right now, Trump administration bank regulators are proposing changes that would substantially weaken the Community Reinvestment Act (or CRA). This law was enacted in 1977 to combat discriminatory redlining practices by banks who refused to extend credit and loans for homes and small businesses in the very low-and-moderate income communities where they reside. This practice disproportionately impacts African-American communities across this country, locking generations out of the American Dream!