Press Release

March 28, 2025 Agencies announce intent to rescind 2023 Community Reinvestment Act final rule Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency For release at 11:30 a.m. EDT Share The federal bank regulatory agencies today announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. The agencies will continue to work together to promote a consistent regulatory approach on their implementation of the CRA. Media Contacts:

Federal Reserve (2025, March 27). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20250328_agencies_announce_intent_to_rescind_2023

@misc{wtfs_press_release_20250328_agencies_announce_intent_to_rescind_2023,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2025},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20250328_agencies_announce_intent_to_rescind_2023},
  note = {Retrieved via When the Fed Speaks corpus}
}