Fund the fight to stop Trump’s CFPB from dismantling fair lending protections now
Trump’s CFPB has proposed a rule that would gut core protections under the Equal Credit Opportunity Act and give a green light to lending discrimination. The proposal eliminates the consideration of disparate impact, weakens enforcement against discouragement, and threatens to shut down Special Purpose Credit Programs that help underserved communities access fair credit.
If this rule were implemented, banks will have free rein to deny credit to women, Black and Latine borrowers, older adults, rural communities, and anyone they choose based on identity rather than financial merit. It reverses decades of civil rights progress and threatens to bring back the rampant redlining and discrimination that ECOA was designed to stop.
Americans for Financial Reform is mobilizing to fight this destructive proposal. We are preparing detailed legal comments, coordinating coalition action, briefing lawmakers, generating media pressure, and mobilizing grassroots supporters nationwide to submit public comments before the deadline.
Contribute to Americans for Financial Reform and fund the fight to stop Trump’s CFPB from dismantling fair lending protections now.
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