The Office of the Comptroller of the Currency (OCC) announced Monday that it will no longer enforce disparate impact analysis in fair lending risk assessments, following a directive from the White House issued three months ago.
“Consistent with EO 14281, the OCC supervisory process for fair lending compliance no longer includes examining for disparate impact liability,” James M. Gallagher, senior deputy comptroller for the Office of the Chief National Bank Examiner, wrote in a statement.
In April, President Donald Trump signed an executive order directing federal agencies to eliminate details ⇒
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