mosaec

Banks Sue Regulators Over Anti-Redlining Rule

Banking and Financial Institutions 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

Banks Sue Regulators Over Anti-Redlining Rule

A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.

By Emily Flitter

Where $30 Billion to Fix Systemic Racism Actually Goes

Banking and Financial Institutions Black People Community Reinvestment Act Corporate Social Responsibility Discrimination JPMorgan Chase & Company Minorities United States Economy

Where $30 Billion to Fix Systemic Racism Actually Goes

In 2020, JPMorgan pledged to invest significant resources in closing the racial wealth gap. Here is what the bank did, and what it looks like when a private-sector company tries to fix a societal problem.

By Emily Flitter