Agencies Announce Intent to Rescind 2023 CRA Final Rule
Saturday, March 29, 2025 at 1:34PM
Banking Spectrum in Banking News, Compliance

On March 28, 2025, the federal bank regulatory agencies announced, in light of pending litigation, their intent to issue a proposal to both rescind the Community Reinvestment Act (CRA) final rule issued in October 2023 and reinstate the CRA framework that existed prior to the October 2023 final rule. The agencies will continue to work together to promote a consistent regulatory approach on their implementation of the CRA.

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