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National Community Reinvestment Coalition News Monitoring

  • Published on May 5, 2025

    Warren Asks the Fed to Reconsider Approval of Capital One-Discover Merger

    Democratic Sen. Elizabeth Warren of Massachusetts and Democratic Rep. Maxine Waters of California are urging the Federal Reserve to reconsider its approval of an impending merger between Capital One Financial Corporation and Discover Financial Services, a …

    Source: Common Dreams - Left-wing
  • Published on May 2, 2025

    CFPB says it won’t enforce small-biz data collection rule

    The Consumer Financial Protection Bureau will not enforce its small-business data collection rule, the agency said Wednesday in a press release. “The Bureau will instead keep its enforcement and supervision resources focused on pressing threats to …

    Source: Banking Dive - Neutral
  • Published on May 1, 2025

    Trump's CFPB guts rule mandating small business loan data

    The Consumer Financial Protection Bureau said it will not take action against any companies to enforce or supervise the small business lending rule, which was finalized under the Biden administration and upheld after six years of litigation. The rule, …

    Source: American Banker - New York - Neutral
  • Published on May 1, 2025

    Why Trump's order on disparate impact may have little effect

    President Trump recently signed an executive order condemning "disparate impact" — the legal concept that a business can engage in illegal discrimination even if it does so unintentionally. In sweeping terms, Trump's order declares disparate …

    Source: American Banker - New York - Neutral
  • Published on Apr 30, 2025

    Advocates Respond to Civil Rights Rollback at National Conference

    Image Credit: Roger Bradshaw on Unsplash This year’s Just Economy Conference of 1,300 community development advocates, held by the National Community Reinvestment Coalition (NCRC) was unlike any other. Having taken place at the nation’s capital at the end …

    Source: The Nonprofit Quarterly - Center-left
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