Process of Gutting the Community Reinvestment Act Gains Steam

Citizen Wealth Financial Justice Ideas and Issues

Little Rock       Any time the head of the American Bankers Association says that it’s a good thing that any part of the government is looking at rewriting and revising the 1977 Community Reinvestment Act, known popularly as the CRA, it’s very bad news for lower-income and racially diverse communities.  Sad, but true, that’s exactly the …

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Discrimination is Running Rampant in Bank Lending

ACORN ACORN International Citizen Wealth Financial Justice Foreclosure

New Orleans        One of the toughest questions I got on my road tour of six countries was essentially, “how does it feel to have to keep fighting to hold on to every victory against constant opposition,” or in other words how do we do the work when every victory involves constant struggle.  My answer, most …

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Attack on Community Reinvestment Latest Battle in Republicans War on the Poor

Citizen Wealth Financial Justice Foreclosure

Little Rock   A headline in the Wall Street Journal marked another salvo in the vicious war that the Republicans and the Trump administration has launched on low-and-moderate income and minority families across the country. This time it was not transferring tax subsidies to the rich or attempting to eviscerate their healthcare and kill them. This …

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