Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations |
|||
FDIC Federal Register Citations From: Randall B. Shorr [mailto:rshorr@shorrlaw.com] I am deeply opposed to the proposal to weaken the Community Reinvestment Act by streamlining examination of banks with assets up to $1 billion. Streamlined examination will result in reduced CRA lending by the affected institutions. The result will be inadequate capital flowing to the development of affordable housing in the communities served by these institutions. The proposal is an abdication of the FDIC’s oversight responsibility. It is bad public policy. Randall B. Shorr Attorney at Law
|
||
Last Updated 11/11/2004 | regs@fdic.gov |