BPI Statement in Response to OCC’s Announcement on the Community Reinvestment Act

Washington, D.C. — The Bank Policy Institute issued the following statement from Senior Vice President and Associate General Counsel Dafina Stewart in response to the Office of the Comptroller of the Currency’s announcement that it will reconsider its June 2020 final rule regarding the Community Reinvestment Act:

This is a welcome development, and we look forward to the OCC’s re-engagement in the interagency process to craft a unified CRA regulatory framework.