In 2023, the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation issued a final rule to modernize regulations implementing the CRA. The final rule focuses on eight key objectives, including strengthening the CRA's core purpose, adaptin...
The final rule provides flexibility to large savings associations to determine the combination of lending, investments and services these institutions use to meet the needs of their local communities under the CRA. Pursuant to the final rule, large institutions may request modification of their rating...
Because protecting the rule of law is not just a noble goal. Protecting the rule of law is also hard work and a constant struggle for improvement. Our Rule of Law reports are part of this process, with for example justice reforms in Malta or corruption inquiries in Slovakia. And from 2022...
Given the hurdles created by the rulemaking process, the CRA provides a “cleaner” and quicker vehicle for overturning the final rule. Republican Congressman Dennis Ross, one of the CRA resolution’s sponsors, is reported to have said that despite the CFPB’s announcement, he intends to continu...
Mike Tyson slaps Jake Paul during final staredown after both fighters weigh in under 230 pounds. As Paul slid on the floor toward Tyson for the stare-down, Tyson threw a slap with his right hand that landed to the side of Paul's head. "Talk is over," was all Tyson said after the ...
Plan of the FDIC to vote on a CRA-related proposal soon; How the OTS rule changed; Expectation that the FDIC will raise the maximum asset limits that qualify for the simplified exam to $1billion.Blackwell, RobBergman, HannahAmeric...
OTS Issues Final CRA Exam Rule.(Office of Thrift Supervision, Community Reinvestment Act exams)(Brief Article)Blackwell, RobBergman, Hannah
Environmentalists are pressing departing Obama administration officials to strengthen EPA's upcoming final rule revising its facility safety regulation even as the measure faces a growing threat that the next Congress, backed by incoming President Donald Trump, will eliminate the rule under privileged ...