A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.
Banks Sue Regulators Over Anti-Redlining Rule
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Community Reinvestment Act, Federal Deposit Insurance Corp, Federal Reserve System, Independent Community Bankers of America, Minorities, National Community Reinvestment Coalition, Office of the Comptroller of the Currency, Regulation and Deregulation of Industry, Small Business, Suits and Litigation (Civil), Texas, United States Chamber of Commerce