{"id":146712,"date":"2023-12-01T11:37:31","date_gmt":"2023-12-01T16:37:31","guid":{"rendered":"https:\/\/ncrc.org\/?p=146712"},"modified":"2023-12-01T11:37:31","modified_gmt":"2023-12-01T16:37:31","slug":"ncrc-statement-house-majoritys-doomed-vote-against-section-1071-rules-is-an-attack-on-small-business","status":"publish","type":"post","link":"https:\/\/ncrc.org\/ncrc-statement-house-majoritys-doomed-vote-against-section-1071-rules-is-an-attack-on-small-business\/","title":{"rendered":"NCRC Statement: House Majority\u2019s Doomed Vote Against Section 1071 Rules Is An Attack On Small Business"},"content":{"rendered":"

House Republicans today passed a resolution to repeal vital small business data lending rules known as Section 1071, a resolution President Biden has pledged to veto. National Community Reinvestment Coalition President and CEO Jesse Van Tol released the following statement:<\/span><\/p>\n

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Today\u2019s vote for a move President Biden will veto was a pointless show put on for bank industry donors who still don\u2019t know how to say yes to a good idea. The public, the banking industry and the economy will all benefit from the implementation of a Section 1071 final rule which gave banks some of what they asked for. All the House majority accomplished today was to make their next phone call with a bank lobbyist go a little smoother.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

House Republicans’ doomed attempt to repeal section 1071 small business lending data rules is a pointless performance for their bank industry donors.<\/p>\n","protected":false},"author":926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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Republicans' doomed attempt to repeal section 1071 small business lending data rules is a pointless performance for their bank industry 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