OCC’s Otting steps down one day after releasing Community Reinvestment Act reform

May 21, 2020 |

Just one day after unveiling sweeping reforms to the Community Reinvestment Act, Comptroller of the Currency Joseph Otting has stepped down from his role as one of the nation’s top banking regulators. On Wednesday, Otting’s OCC released its final rule on “strengthening and modernizing” the CRA, which requires banks to meet the credit needs of all […more]

Posted in: San Francisco

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