The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation on Friday announced a proposed rule that would make changes to the Community Reinvestment Act (CRA). Critics have argued that banks have met regulators' requirements in part by donating to advocacy groups. Comptroller Jonathan Gould said in a post on X that, "Under the Biden Administration, the Community Reinvestment Act became an onerous tax on community banks that failed to drive investment into the very regions they were meant to serve." "Instead of expanding access to credit, the CRA has too often become a tool to limit access to capital. "Community banks should be focused on expanding access to credit, supporting small businesses, and strengthening local communities, not navigating unnecessary regulatory burdens or subsidizing activist causes," Britt said.