Fed, Biden Administration Float New Lending Rules for Lower-Income Areas

Wall Street Journal, May 5, 2022– (subscription)
Top U.S. banking regulators are poised to overhaul how banks lend hundreds of billions of dollars annually in lower-income communities, after scrapping a Trump-era revamp that had divided regulators and industry officials.
https://www.wsj.com/articles/fed-biden-administration-float-new-lending-rules-for-lower-income-areas-11651743181?