Wall Street May Have to Lend More in Poor Areas in New Rules

News

Richard Hunt

rhunt@consumerbankers.com
December 12, 2019

An industry lobbying group, the Consumer Bankers Association, called the overhaul a “generational opportunity,” with President Richard Hunt saying in a statement that the OCC and FDIC deserve credit “for tackling this herculean effort and working with banks, community groups and other stakeholders to get it right instead of simply getting it done.”