Article: Speak out now to protect the Community Reinvestment Act

Now is the time to contact your Representatives and Senators regarding your support for the Community Reinvestment Act and your opposition to H.R. 10.

H.R. 10, the financial modernization bill introduced by House Banking and Financial Services Committee Chair Jim Leach (R-IA), will be voted on by the House Banking and Financial Services Committee on March 4. If passed by the full House in its current form, H.R. 10 will be devastating to the Community Reinvestment Act (CRA).

In the coming days, Senate Banking Committee Chair Phil Gramm (R-TX) is expected to introduce his own version of a financial modernization bill. Senator Gramm has been a vocal opponent of the Community Reinvestment Act ...

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