OCC to Overhaul CRA Rule as Otting Plans to Leave Agency

American Banker, May 19, 2020–Brendan Pedersen (subscription)
The final regulation will significantly revise a December proposal, responding to concerns from stakeholders. Meanwhile, in a surprising move, Comptroller of the Currency Joseph Otting, the regulator who had championed the reforms, is expected to resign this week.
https://www.americanbanker.com/news/occ-to-overhaul-cra-rule-as-otting-plans-to-leave-agency