This would reduce the number of banks who need to comply with parts of the CRA by 800 banks. Banks would also need to collect more detailed information on who gets their community grants, including addresses, which would give more transparency to who is receiving grants from banks. Jesse Van Tol, the CEO of NCRC, said that it was “unfortunate” that the bank regulators were politicizing grant making under the CRA. But those revisions have repeatedly failed, either due to opposition from other regulators, the banks, or community groups, or have been blocked by courts. The Biden administration tried its own revisions of the CRA rules but those changes were blocked by courts in Texas.