Rulemaking · OCC · Oct 24, 2023

Community Reinvestment Act

The 2023 CRA modernization updated how bank lending to lower-income communities is assessed for the era of mobile and online banking.

Docket or bill: 89 FR 6574 / FR 2023-25797
Official record: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20231024a.htm
Tracked as: Community Reinvestment Act
Issued by: Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Federal Reserve System, Department of the Treasury

Traceable spending around this event

Tracked direct contributions from finance banking donors to candidates in the year before the event, with transfers to PACs and parties and independent expenditures reported apart, and lobbying on BAN issue codes in the surrounding window. These are partial, tracked figures scoped to a window, not totals for the industry. Independent expenditures are spent for or against candidates, not given to them, and are never added to the giving figures.

Giving window: Oct 24, 2022 – Oct 24, 2023. Donation records in this database currently run through Oct 20, 2026; lobbying filings through 2026. Figures computed Oct 29, 2026.

Tracked direct giving to candidates (finance banking)

$1,562,292

152 contributions to person recipients

Transfers to PACs and parties (finance banking)

$40,604,156

3,767 contributions to non-person recipients

IE support

$400,354

3 independent expenditures for candidates

IE oppose

0 independent expenditures against candidates

Lobbying (BAN)

$316,150,575

897 filings, whole-filing LDA totals

Positions on record

curated

Tracked direct giving to candidates (finance banking)$1,562,292

Transfers to PACs and parties$40,604,156

Independent expenditures supporting candidates$400,354

Lobbying (BAN)$316,150,575

Giving to candidates, transfers to PACs, independent expenditures and lobbying are separate figures and are not summed.

Positions

MICHIGAN CREDIT UNION LEAGUE
lobbying disclosure · curated · source
On record
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS
lobbying disclosure · curated · source
On record
TD BANK, NA
lobbying disclosure · curated · source
On record
AMERICAN BANKERS ASSOCIATION
lobbying disclosure · curated · source
On record
AMERICAN BANKERS ASSOCIATION
regulatory comment · curated · source
On record
CALIFORNIA/NEVADA CREDIT UNION LEAGUE
lobbying disclosure · curated · source
On record
Better Markets
regulatory comment · curated · source
On record
RBC CAPITAL MARKETS, LLC
lobbying disclosure · curated · source
On record

Top lobbying on these issues

Clients with the most reported lobbying spend on BAN issue codes in the window around the event. Lobbying reports cover multiple issues, so spend is not attributable to this event alone.

CHAMBER OF COMMERCE OF THE U.S.A.$67,720,000 · 4 filings
NATIONAL ASSOCIATION OF REALTORS$52,280,000 · 6 filings
AMERICAN BANKERS ASSOCIATION$9,550,000 · 32 filings
UNITEDHEALTH GROUP, INC.$8,740,000 · 4 filings
KOCH GOVERNMENT AFFAIRS, LLC$7,860,000 · 5 filings
SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION$7,660,000 · 4 filings
WALMART INC$7,490,000 · 10 filings
INTEL CORPORATION$6,860,000 · 4 filings

Figures are drawn from tracked FEC donations and Senate LDA lobbying disclosures held in this database. See the methodology for how spending is scoped to an event window. The spending shown is publicly disclosed, and no violation of law is alleged. Its timing does not establish that any spending caused the outcome.