Press Releases

Media Advisory: CRC to Share Findings of Fake Public Comments During ‘Too Big to Fail’ Merger under OCC Comptroller Joseph Otting’s Tenure as Bank’s CEO

CRC and Public Citizen Call for Investigation and Full Accounting of AstroTurf Campaign During Otting’s Tenure Prior to CRA RuleMaking Process Public Comment  Washington D.C. – On Thursday, February 6th, 2020, The House Financial Services will hold a hearing “Fake It Till They Make It: How Bad Actors Use…

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California Reinvestment Coalition Welcomes Governor Newsom’s Efforts to Revamp the California Department of Business Oversight to Better Protect Consumers and Borrowers

Contact: Vijay Das, National Policy and Communications Director, 415-864-3980 SAN FRANCISCO, CA — January 10th, 2020 Today Governor Newsom announced a major overhaul of the California Department of Business Oversight in his 2020-2021 budget proposal to better protect consumers in light of the Trump administration’s effort to undermine the…

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Media Advisory: CRC to Testify Before Congress

MEDIA ADVISORY Contact: Vijay Das, 415-864-3980 Washington D.C. – On Tuesday, January 14th 2020, the House Financial Services Subcommittee on Consumer Protection and Financial Institutions will hold a hearing, “The Community Reinvestment Act: Reviewing Who Wins and Who Loses with Comptroller Otting’s Proposal” at 2pm EST at Room 2128…

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California Coalition Deeply Concerned about Trump’s Banking Regulator’s Latest Effort to Undermine Anti-Redlining Law, the Community Reinvestment Act

Contact: Vijay Das, 415-864-3980 SAN FRANCISCO, Dec 13, 2019 — Today the Trump administration’s appointed banking regulator, Joseph Otting of the Office of the Comptroller of the Currency (OCC) has spearheaded changes that will significantly weaken the landmark anti-redlining law and harm low-income communities across the country. The Community…

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Coalition of Community Orgs Seeks Records on Trump Administration’s Attempt to Silence Opposition to Gutting Anti-Redlining Rules

Coalition of Community Orgs Seeks Records on Trump Administration’s Attempt to Silence Opposition to Gutting Anti-Redlining Rules Administration Publicly Criticized Groups That Opposed Proposed Changes to Community Reinvestment Act Top Official Told California Reinvestment Coalition to Alter Public Statements Against New Rules Freedom of Information Act Request Filed Ahead…

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Small Business Owners, Community Groups Fight Back as CFPB Continues Unlawful Delay of Anti-Discrimination Lending Protections

CFPB Unlawfully Halted Progress Toward Collecting Data on Small Business Lending While Groups’ Lawsuit Forced Administration to Say it Will Move Forward, the Unreasonable and Unlawful Delay Harms Small Business Owners Ahead of Small Business Saturday, Business Owners Demand Assurances, Arguing Near-Decade Delay is Long Enough Washington, D.C.—Today, ahead…

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In Face of Lawsuit, Trump Administration Holds Nov. 6th Symposium on Small Business Lending

Groups, Business Owners Suing CFPB for Illegally Halting Progress on Lending Protections Speak Out Against Forum Stacked With Financial Institution Reps Washington, D.C.— In the face of a federal lawsuit, the Consumer Financial Protection Bureau is scrambling to manufacture support for its failure to help protect small businesses from…

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California Reinvestment Coalition, National Community Reinvestment Coalition and CIT Announce $7.75 Billion Community Benefits Plan  

NEW YORK – CIT Group Inc. (NYSE: CIT) today announced a community benefits plan developed in collaboration with the California Reinvestment Coalition (CRC) and the National Community Reinvestment Coalition (NCRC) that builds on the combined work of its banking subsidiary CIT Bank, N.A. (CIT Bank) and that of Mutual…

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CRC Fact Sheet CFPB Complaints Against OneWest

CRC Fact Sheet CFPB Complaints Against OneWest

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CRC Fact Sheet Joseph Otting Record at OneWest Bank

CRC Fact Sheet Joseph Otting Record at OneWest Bank

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