Trump regulators propose overhaul of 'weaponized' Community Reinvestment Act, say rule funded activist groups

· foxbusiness.com

OCC and FDIC propose Community Reinvestment Act reforms to refocus on lending and community development, preventing funds from being diverted to activist groups.

Financial regulators in the Trump administration are proposing changes to a banking industry rule that critics say has been diverted from its original purpose t...


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