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Remarks by Chairman Martin J. Gruenberg at the National Community Reinvestment Coalition on the FDIC’s Economic Inclusion Strategy
I would like to begin by thanking the National Community Reinvestment Coalition, and your President, Jesse Van Tol, for inviting me to take part in your Just Economy Conference this morning.
For over 30 years, the National Community Reinvestment Coalition has been a tireless advocate for economic opportunity in America. Through a range of community development activities at the local, state, regional, and national level, your 700 member organizations have made an enormous impact in improving the quality of life for millions of people in our country.
In particular, you have been perhaps the leading voice for the Community Reinvestment Act, which since its enactment in 1977 has been the foundation of access to credit, investment, and basic banking services on a responsible basis for low- and moderate-income communities and communities of color in the United States.
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