Explainer Episode 8 – The Community Reinvestment Act

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:

Aaron Klein

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

Brookings Institution


Diego Zuluaga

Executive Director, Government Affairs

Goldman Sachs


Financial Services & Corporate Governance

The Federalist Society and Regulatory Transparency Project take no position on particular legal or public policy matters. All expressions of opinion are those of the speaker(s). To join the debate, please email us at [email protected].

Related Content

Skip to content