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OCC adds CRA Request for Info
Yesterday, the FDIC and OCC published [85 FR 1204] their previously announced proposal to amend their respective Community Reinvestment Act regulations. Today, the OCC separately published [85 FR 1285] a Request for Information seeking bank-specific data and information to supplement currently available data and to inform potential revisions to modernize and strengthen the CRA regulatory framework. Responses to this request for information will be accepted through March 10, 2020. Comments on the FDIC/OCC proposed amendments are due by March 9, 2020.