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Ready or not, CRA modernization is at the door - Vimarsana News

Ready or not, CRA modernization is at the door

Banks could receive many more failing grades from regulators under a proposed overhaul of the Community Reinvestment Act (CRA).

Caught between bankers and activists, can the CRA reform proposal make everyone happy? - Vimarsana News

Caught between bankers and activists, can the CRA reform proposal make everyone happy?

Key divisions remain on the explicit inclusion of race and the strength of CRA exams, but both sides are pleased with the promise of increased clarity and transparency.

Biden picks Michael Barr for Fed's bank regulation post | Search results - Vimarsana News

Biden picks Michael Barr for Fed's bank regulation post | Search results

President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve's vice chairman of supervision

Biden picks Michael Barr for Fed's bank regulation post | Long Island Business News - Vimarsana News

Biden picks Michael Barr for Fed's bank regulation post | Long Island Business News

Barr's selection comes after Biden’s first choice for the Fed post, Sarah Bloom Raskin, withdrew her nomination a month ago.

Source: libn.com
Biden picks Michael Barr for Fed's bank regulation post - Vimarsana News

Biden picks Michael Barr for Fed's bank regulation post

The selection of the dean of the University of Michigan's public policy school comes after the president's first choice, Sarah Bloom Raskin, withdrew her nomination in the face of opposition from Republicans and one Democrat.