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US Acting Comptroller Of The Currency Discusses Modernization Of The Community Reinvestment Act

<p><span>Acting Comptroller of the Currency Michael J. Hsu today discussed the history of the Community Reinvestment Act (CRA) with the National Community Reinvestment Coalition. His remarks highlighted how a modernized CRA can help address persistent disparities and gaps in wealth and economic opportunities in minority, rural, and other vulnerable communities.</span></p>
Michaelj Hsu Community Reinvestment Act National Community Reinvestment Coalition Acting Comptroller Currency Michael National Community Reinvestment

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OCC's Valid When Made Rule Prevails in Challenge

The District Court for the Northern District of California ruled against three states โ€“ California, Illinois, and New York โ€“ challenging the OCCโ€™s rule on the valid when made doctrine.ย The states contended that the issuance of the rule violated the APA, amongst other things.
New York United States Michael Hsu Us District Court Northern District Administrative Procedures Act

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