Explainer Episode 8 – The Community Reinvestment Act

Listen to the Podcast

Passed in 1977, the Community Reinvestment Act (CRA) was intended to encourage banks and other financial institutions to lend to lower-income individuals in their communities. Has the CRA succeeded in this goal or is there room for improvement? Aaron Klein and Diego Zuluaga weigh in on this important question.

Additional Resources:

Subscribe to the Fourth Branch Podcast on Apple PodcastsSpotifyGoogle Play, and Spreaker.

Aaron Klein

Fellow in Economic Studies and Policy Director, Center on Regulation and Markets

Brookings Institution

Diego Zuluaga

Associate Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives

Cato Institute

Sign up now to receive early access to RTP content and exclusive materials available ONLY to our subscribers.