Good afternoon. I'm grateful for the opportunity to join you today as we discuss the updated Community Reinvestment Act regulations and what they mean for Indian Country. The Community Reinvestment Act—or CRA—requires banking regulators to encourage federally insured banks to help meet the credit needs of the communities in which they do business, including low- and moderate-income neighborhoods. On October 24, the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) announced a final rule strengthening and modernizing the regulations ... (full story)