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CRA & Jesse Jackson Jr.

Jesse Jackson Jr. has been elected to Congress and is a member of the House Banking Committee. He plans to take actions that will reverse the effects of discrimination and redlining. The new Rep. Jackson has a background in the trenches working as a field director for the Rainbow Coalition.

It is a fairly safe bet that the presence of Rep. Jackson on the House Banking Committee will lend fire to the debates on CRA. Watch for new prominence in the CRA debate as efforts for regulatory burden relief continue.

Copyright © 1996 Compliance Action. Originally appeared in Compliance Action, Vol. 1, No. 4, 2/96

First published on 02/01/1996

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