Common Dreams, May 5, 2025, Warren Asks the Fed to Reconsider Approval of Capital One-Discover Merger This aspect of the merger is without clear precedent and raises concerns about competition, according to Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, a group that is opposed to the deal, who spoke to The New York […]

American Banker, May 1, 2025, Banks Slow To Follow Trump’s Lead On Disparate Impact “Historically, we’ve seen a bit of a ping-pong match, back and forth, between Democratic and Republican officials,” said National Community Reinvestment Coalition President Jesse Van Toll, “which likely would have the effect of many companies continuing to analyze their lending from a disparate

American Banker, May 1, 2025, Trump’s CFPB Guts Rule Mandating Small Business Loan Data Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, said the 1071 rule was passed by Congress and that the CFPB “must enforce it.” “We are a country made of rule of law, and the CFPB can’t simply gut

Nonprofit Quarterly, April 30, 2025, Advocates Respond to Civil Rights Rollback at National Conference This year’s Just Economy Conference of 1,300 community development advocates, held by the National Community Reinvestment Coalition (NCRC) was unlike any other. Having taken place at the nation’s capital at the end of March, for many, the event marked the first national meeting

The New York Times, April 18, 2025, Merger of Capital One and Discover, Two Credit Card Giants, Wins Approval “The feds got this one wrong — so it falls to state attorneys general to intervene against the harmful, anticompetitive Capital One-Discover merger,” Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, said

Banking Dive, April 17, 2025, Trump Fires NCUA Board’s 2 Democrats “The president can’t just fire people the Congress confirmed for years-long terms,” Jesse Van Tol, CEO of the National Community Reinvestment Coalition, said in a statement Wednesday. “The Constitution isn’t a set of suggestions. It’s a framework for responsible government built on co-equal branches with

Goodgoodgood, April 14, 2025, This City Purchased 347 Market-rate Apartment Units To Convert Them Into Affordable Housing A 13-year study by the National Community Reinvestment Coalition found that gentrification impacted at least 135,000 Americans, with Black and Hispanic communities facing the highest rates of displacement in major cities.  Seven cities accounted for nearly half of the gentrification

Businesswire, April 10, 2025, Affirm Joins MoreThanFair to Advance Inclusive, Transparent Lending “We’re excited Affirm is joining MoreThanFair. They will bring fresh perspectives on the market that can bolster our efforts to advance faster progress toward a more inclusive and affordable credit system for all,” said Nat Hoopes, Vice President and Head of Government &

Berkeleyside, April 4, 2025, Credit Union Plans To Close Downtown Berkeley Location Since March 2020, more than 4,000 bank branches have closed nationwide, according to a 2022 study by the National Community Reinvestment Coalition. Wells Fargo permanently closed its West Berkeley branch at 1095 University Ave. in January 2022, citing the popularity of online banking, which accelerated during

Payments Dive, April 6, 2025, Cap One-Discover Deal Detractors Assail Reported DOJ Approval The DOJ assent is “a little surprising and concerning” given earlier media reports that Justice Department antitrust staff had raised questions about the deal, said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, which has urged regulators to block Discover’s

The New York Times, April 3, 2025, Capital One Deal for Discover Clears Justice Dept. Hurdle Jesse Van Tol, the chief executive of the National Community Reinvestment Coalition, which has been opposing the deal since it was announced, said Capital One’s acquisition of Discover would allow one of the country’s biggest credit card issuers to

Next City, March 28, 2025, Trump Admin Targets Key Policy for Closing Gaps in Access to Home Loans and More “The concern is that this sends a strong signal that the administration is anti-special purpose credit programs,” says Jesse Van Tol, CEO of the National Community Reinvestment Coalition. News of the order came out on

Banking Dive, March 28, 2025, Acting Comptroller Hood Revamps OCC Unit “This work cannot be done in a vacuum and takes collaboration and partnership with organizations like [National Community Reinvestment Coalition] that play a vital role,” Hood said while speaking at a NCRC conference. “There is still much that needs to be done,” he said, noting

Spectrum News, March 19, 2025, Could a new approach make homeownership accessible to more Americans? “They used four primary colors – green and blue, for the areas that were nicer, yellow for areas that were declining, and then red for neighborhoods that they considered hazardous,” said Jason Richardson, the senior director of research at the National