Statement From Chair Powell (PDF).pdf

powell-statement-20231024.pdf
Preview of Statement from Chair Powell (PDF)
🔗 Source: federalreserve.gov
📊 Size: 66 KB
👤 Author: Federal Reserve Board
⬇️ Downloads: 76

Summary

Chair Jerome H. Powell thanks staff and stakeholders, noting the Community Reinvestment Act (CRA) has helped meet credit needs in low- and moderate-income neighborhoods for nearly 50 years. The agencies have modernized the framework, and the final rule aims to expand access to credit and banking services, adapt to industry changes, and provide clarity and consistency, with Powell supporting the rule.

Description

Chair Jerome H.

Technical Information

  • File Format: PDF
  • File Size: 66 KB
  • Pages: 1
  • Language: EN
  • Author: Federal Reserve Board
  • Total Downloads: 76
  • Last Updated: 7 days ago

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