From: Betty Ford
Sent: Tuesday, September 07, 2004 1:22 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
I object to the proposed revisions to 12 CFR 345 which, I believe,
weaken
the Community Reinvestment Act. It is even more important than ever
for
banks to provide services to low- and moderate-income families in
the
current economy. Earned incomes are not rising; the minimum wage
is
stuck at $5.15/hr., and the gap between rich and poor is dangerously
widening. The FDIC should be ensuring that banks are serving their
communities. In the long run, such action serves our nation.
