GOP Bill Seeks to Block Biden Admin from Foisting ‘Woke Agenda’ on Community Banks

GOP Bill Seeks to Block Biden Admin from Foisting ‘Woke Agenda’ on Community Banks
Then- Wisconsin Senate Majority Leader Sen. Scott Fitzgerald (R-Juneau), (R), calls for session to end as State Sen. Leah Vukmir (R-Brookfield) looks on during a contentious legislative session on Dec. 4, 2018 in Madison, Wisconsin. Andy Manis/Getty Images
Naveen Athrappully
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A recently introduced bill by a House Republican seeks to protect community banks from a harmful provision in the 2010 Dodd-Frank Act.

The Making the CFPB Accountable to Small Business Act seeks to repeal Section 1071 of the Dodd-Frank Act that requires lenders to collect and report 12 data points when processing credit applications from small businesses, women-owned businesses, and minority-owned businesses, according to a July 20 press release by Rep. Scott Fitzgerald (R-Wis.) who introduced the bill.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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