U-Turn on Community Lending: US Regulators Abandon 2023 CRA Rules, Return to Previous Framework

Unknown Apr 02, 2026 1 Views

In a shock announcement, US bank regulators said they would be repealing the 2023 revised Community Reinvestment Act (CRA) rules and reverting to the previous regulatory framework. The move, announced on March 28, 2025, is a dramatic change in the strategy for ensuring banks serve the credit need...