Enacted in 1977, the CRA encourages banks to help meet the credit needs of low- and moderate-income communities and households. The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) are seeking feedback on proposed rules for modernizing the law to make it more effective, and their proposal includes a request for feedback from Native citizens and businesses. At this session, Federal Reserve staff highlight the proposed rules’ Indian Country related provisions and will listen to and note comments from session attendees. (Learn more about these provisions).
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