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Regulatory Relief Legislation Eases Regulatory Burdens
  • Kilpatrick Townsend & Stockton LLP
  • USA
  • May 25 2018

On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) into law, taking the first step

Federal Reserve Governor discusses Community Reinvestment Act modernization
  • Buckley Sandler LLP
  • USA
  • May 23 2018

On May 18, Federal Reserve Board Governor Lael Brainard spoke before a community development conference in New York City to discuss the Community

Federal agencies issue disaster relief guidance for North Carolina, Indiana, and Hawaii
  • Buckley Sandler LLP
  • USA
  • May 18 2018

On May 16, the Department of Veterans affairs released Circular 26-18-10, requesting relief for veterans impacted by Hawaii’s volcanic eruptions and

Trump DOJ Settles its First Redlining Case
  • Mayer Brown
  • USA
  • May 11 2018

On May 8, 2018, the United States Department of Justice and KleinBank reached a settlement agreement resolving allegations that the bank engaged in

FDIC issues regulatory relief guidance for financial institutions in areas of Alabama affected by severe storms
  • Buckley Sandler LLP
  • USA
  • May 8 2018

On May 4, the FDIC issued a Financial Institution Letter, FIL-24-2018, to provide regulatory relief to financial institutions and facilitate recovery

Treasury Department: Bringing the CRA Into the 21st Century
  • Manatt Phelps & Phillips LLP
  • USA
  • April 27 2018

The U.S. Department of the Treasury has published recommendations for modernizing the Community Reinvestment Act (CRA), offering proposals to the

Quarles testifies before House Financial Services Committee
  • Buckley Sandler LLP
  • USA
  • April 20 2018

On April 17, Vice Chairman for Supervision of the Federal Reserve Board, Randal Quarles, testified at a hearing with the House Financial Services

Community Reinvestment Act: Treasury Releases CRA Reform Recommendations Focused on Assessment Areas, Examination Clarity and Flexibility, Examination Processes, and CRA Performance
  • Sullivan & Cromwell LLP
  • USA
  • April 10 2018

On April 3, the U.S. Department of Treasury (“Treasury”) issued a memorandum (the “Memorandum”) to the Office of the Comptroller of the Currency (the

Treasury releases recommendations for modernizing the Community Reinvestment Act
  • Buckley Sandler LLP
  • USA
  • April 5 2018

On April 3, the U.S. Treasury Department released recommendations to the Federal Reserve Board, the FDIC, and the OCC (CRA regulators) on suggestions

Modernizing the Community Reinvestment Act
  • Vedder Price PC
  • USA
  • April 4 2018

On April 3, 2018, the Department of Treasury released recommendations to “modernize” the Community Reinvestment Act of 1977 (“CRA”). Treasury’s