With the current financial crisis providing strong impetus for regulatory reform, a re-examination of the CRA seems both appropriate and likely. Revisiting the CRA is a timely publication intended to help frame and inform the current debate about the future of the CRA.
A joint publication of the Federal Reserve Banks of Boston and San Francisco, Revisiting the CRA: Perspectives on the Future of the Community Reinvestment Act features papers and essays from a range of informed authors and contains important new arguments about expanding CRA, the limits of CRA, and the basis for CRA.
Major topics addressed by the book include the following:
In concert with the release of the publication, a lively discussion was held where many authors and discussants shared their views at Revisiting CRA: A Policy Discussion on February 24, 2009 in Washington, DC and audio files are available.
Please contact co-editor Prabal Chakrabarti for more information.
Entire Report (2.85MB)