Banking Dive, November 13, 2025, Dive Deposits: CFPB cries poor but tweaks fair lending, data collection
Jesse Van Tol, CEO of the National Community Reinvestment Coalition, called the proposal ”an outright assault on civil rights in lending.”
“By gutting disparate impact analysis and banning race- or gender-based Special Purpose Credit Programs, this rule will effectively invite a return to redlining and exclusion,” Van Tol said in a statement Wednesday.
Observers have noted that disparate impact can still be addressed at the state level.
