A federal judge in Texas has paused enforcement of a revised version of the Community Reinvestment Act by banking regulators. The ruling, issued Friday by Judge Matthew J. Kacsmaryk of the U.S.
A group of banking trade associations, including the Independent Community Bankers of America and American Bankers Association, filed suit against the Federal Reserve, Federal Deposit Insurance Corp.
A federal district judge in Texas has enjoined federal bank regulators from enforcing the recently overhauled Community Reinvestment Act (“CRA”) rules. The injunction was issued on the eve of the ...