The financial landscape has changed significantly since the passage of the Community Reinvestment Act (CRA) in 1977. This paper provides an overview of how these changes have affected the coverage of the CRA, the structure of CRA regulated institutions, and their effectiveness in meeting the goals of the CRA. Marsha J. Courchane is co-author of this paper along with Robert B. Avery of the Federal Reserve Board of Governors and Peter M. Zorn of Freddie Mac.
The stock price that didn’t react: Tesla reaction to Court’s ruling
On January 30, 2024, the Delaware Chancery Court rescinded a compensation package that Tesla had agreed to provide CEO Elon Musk in 2018.[1] This package...