zuluaga

This week’s podcast: The FDIC’s and OCC’s proposed CRA reform: what the agencies consider now in CRA evaluations and how that would change

By Barbara S. Mishkin on January 30, 2020

Posted in FDIC, OCC, Regulatory and Enforcement

We are joined by Diego Zuluaga, a Cato Institute policy analyst, for a discussion of the proposed changes. After reviewing the current regulatory framework, we examine the proposal’s new qualifying activities criteria and approach to “branchless banking” in determining assessment areas, respond to criticism of its approach to public projects, look at the small bank opt-out and what in the proposal should be revisited, and consider the impact of the Fed’s non-participation.… Continue Reading

This week’s podcast: The Community Reinvestment Act: its usefulness and approaches to reform

By Barbara S. Mishkin on September 26, 2019

Posted in Regulatory and Enforcement

In this podcast, Diego Zuluaga, a Cato Institute policy analyst, joins us for a discussion of the CRA’s history, its effectiveness in increasing access to credit and addressing discrimination, the role of community groups, calls to expand CRA coverage to credit unions and fintech lenders, how regulators are approaching CRA reform, and creating a system of tradeable obligations to simplify compliance.… Continue Reading