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Better Markets Urges the Federal Reserve to Improve and Modernize the CRA

On February 16, 2021, Better Markets filed a comment letter on a Federal Reserve Advance Notice of Proposed Rulemaking on the Community Reinvestment Act. The CRA is a crucially important piece of legislation designed to ensure that historically underserved communities have access to credit and banking services . The Federal Reserve must do everything in its power to ensure that the CRA’s provisions are enforced and that vulnerable American’s are not excluded from the financial system.

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