May 5, 2026, ShelterForce, When The Feds Step Back On Fair Housing, Can States Step Up?
At the beginning of the Trump administration’s second term, the regulators in charge of implementing the CRA—the Federal Deposit Insurance Corporation, Federal Reserve Board, and the Office of the Comptroller of the Currency—came under new leadership and in July 2025 they issued a proposal to rescind the 2023 revisions. The agencies were still reviewing comments on that proposal when this article went to press.
States, however, can pass their own CRA laws: seven states and Washington, D.C., already have, and others are considering doing so. “As we see the federal government repeal previous rules or extend times between examinations, states can push back on that,” says Kevin Hill, senior policy advisor at the National Community Reinvestment Coalition (NCRC). One plus of state CRA laws, Hill adds, is that in addition to state-chartered banks, they can—and often do—cover credit unions and mortgage companies, which the federal CRA statute doesn’t.
