CRC Comments on Lawsuit Filed against CFPB

September 28, 2022 by

In response to a lawsuit filed earlier this week against the Consumer Financial Protection Bureau (CFPB) by banking industry trade groups, California Reinvestment Coalition (CRC) Chief of Legal and Strategy Kevin Stein offered the following comment: “Discrimination remains one of the most pervasive harms in the banking and financial…

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CRC Responds to CFPB Director’s State CRA Remarks

July 29, 2022 by

At a joint Consumer Financial Protection Bureau-U.S. Department of Justice press event earlier this week CFPB Director Rohit Chopra applauded states that have their own versions of the Community Reinvestment Act (CRA), calling for increased resources for states that support their supervision and regulation of nonbank lenders. California Reinvestment…

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