Woodstock Institute has signed onto two letters supporting Section 1071 of the Dodd Frank Wall Street Reform and Consumer Protection Act. Section 1071 requires lenders to small businesses to collect and report on the racial, ethnic, gender, and sexual...
Woodstock Institute is joining a broad coalition of advocacy organizations calling on the IRS to streamline our tax filing system by adopting a free and fully accessibly direct tax filing tool. Our current tax filing system drains billions from...
Woodstock Institute is joining other consumer advocate groups in signing onto a letter to the House Appropriations Committee opposing certain provisions of the FY2024 Financial Services and General Government (FSGG) appropriations bill. These provisions would undermine important consumer protection...
Woodstock Institute recently signed on to a letter led by the Center for Responsible Lending and Americans for Financial Reform calling on the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to reject a proposed...
The FDIC released proposed rules for an interagency Community Reinvestment Act reform process today. The long-awaited proposal represents the most recent of many stalled efforts to update this anti-redlining law.
Woodstock Institute signed on to Americans for Financial Reform’s comment letter to the OCC, FDIC, and Federal Reserve Board of Governors regarding their Notice of Proposed Rulemaking on the Community Reinvestment Act. The letter emphasizes the importance of CRA’s...
Woodstock Institute signed on to a coalition letter in support of the Overdraft Protection Act of 2021 (HR 4277) introduced by Rep. Carolyn Maloney (NY-12). This bill would address the most abusive provision of today’s typical overdraft coverage by...
Woodstock Institute joined a coalition letter led by the National Community Reinvestment Coalition (NCRC) urging the FDIC to downgrade the Community Reinvestment Act (CRA) exam rating for TAB Bank. TAB Bank, based in Utah and regulated by the FDIC,...
Woodstock Institute signed on to a coalition letter in support of the Close the ILC Loophole Act (HR 5912) introduced by Rep. Chuy García (IL-04). Industrial loan corporations (ILCs) operate under a special exemption in federal law that permits...
Woodstock Institute signed on to a letter led by Housing Action IL and HOPE Fair Housing Center urging Governor Pritzker to sign HB 2775, which adds source of income protections to existing housing-related civil rights protections under Illinois law.