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New: Trump-appointed Judge Matthew Kacsmaryk, the Texas judge in the abortion pill case, tonight blocked new banking regulations that would overhaul how lenders extend loans and other services to low- and moderate-income Americans.

Texas federal judge blocks updated fair lending rules

“…Conceived to prevent red lining - a discriminatory practice where banks refuse or offer only limited lending to certain areas or populations, primarily minorities - CRA regulations gauge how well banks service areas where they operate.
The new rules broadened the geographies in which lenders were be required to extend loans and other services to low-income Americans, a change regulators said was needed to reflect the rise of online banking and the decline of bank branches.”