The New York Times, February 5, 2024, Banks Sue Regulators Over Anti-Redlining Rule
Jesse Van Tol, president of the National Community Reinvestment Coalition, which works with banks to help them meet their Community Reinvestment Act requirements, said in an email that he was “saddened and angered” by the lawsuit.
“The banking industry is showing its true colors,” he said. “Nobody should believe them when they say they care about lending to working-class people and people of color.”
