Press Releases

Washington, D.C. – Former Vice President Walter Mondale, an outspoken supporter of civil rights and co-author of the landmark Fair Housing Act of 1968, which sought to end racial discrimination in housing and create inclusive communities, died yesterday at the age of 93. Center for Responsible Lending Executive Vice President Nikitra Bailey issued the following statement: Vice President Walter Mondale...

WASHINGTON, D.C. – Today, a jury convicted former police officer Derek Chauvin of the murder of George Floyd, finding him guilty on all three counts. Center for Responsible Lending President Michael Calhoun issued the following statement: We all watched in horror last year as Derek Chauvin denied George Floyd the breath of life with a knee to his neck. While...

Washington, D.C. – The U.S. Senate Judiciary Committee this week heard testimony from Kristen Clarke, President Biden’s nomination for Justice Department Civil Rights Chief. Ms. Clarke, who appeared Wednesday during a 2 1/2-hour nomination hearing, is president of the Lawyers’ Committee for Civil Rights Under Law. She would be the first Black woman to hold the position since the Justice...

Washington, D.C. — Today, over 415 organizations sent an updated letter to President Biden and Vice President Harris, calling on them to use executive authority to cancel federal student debt immediately. In the letter, the 416 advocacy groups highlight that cancelling student debt would stimulate the economy, help reduce racial wealth gaps, and could have a positive impact on health...

WASHINGTON, D.C. – Today, the U.S. Department of Housing and Urban Development (HUD), led by Secretary Marcia Fudge, announced steps to restore two key fair housing rules that the Trump Administration had gutted: (1) a regulation on the "disparate impact" standard for proving discrimination and (2) a regulation for the dismantling of segregation, as required by the Affirmatively Furthering Fair...

WASHINGTON, D.C. –Yesterday, a 20-year-old unarmed Black man was killed during a traffic violation stop in a suburb of Minneapolis. Center for Responsible Lending President Michael Calhoun made the following statement: We offer the family of Daunte Wright, who was a beloved father and son, our sympathy, as we support the Black community and their allies who are expressing their...

WASHINGTON, D.C. – Today, the U.S. Senate voted overwhelmingly to extend the Paycheck Protection Program (PPP) through June 30, 2021. Center for Responsible Lending Director of Advocacy Ashley Harrington issued the following statement: We applaud the U.S. Senate for joining the House in extending the Paycheck Protection Program, and urge President Biden to quickly sign the bill into law. The...

330+ groups representing all 50 states and the District of Columbia called for Congress to support a resolution to overturn a rule that helps triple-digit interest rate loans spread across the country by evading state and voter-approved interest rate caps WASHINGTON, D.C. – The Center for Responsible Lending (CRL) applauds Senators Chris Van Hollen (D-MD), Sherrod Brown (D-OH), and Congressman...

DURHAM, N.C. – Today, Governor J.B. Pritzker is signing the Illinois Predatory Loan Prevention Act, which caps annual interest on consumer loans at 36%. The bill was part of a package put forth by the Legislative Black Caucus to address racial inequities in the state. It will save Illinois families more than $500 million per year in predatory fees and...

Only a majority vote in Congress would be needed to overturn rule that helps triple-digit interest rate loans evade state and voter-approved interest rate caps and spread across the country WASHINGTON, D.C. – With just a few days left before a crucial deadline, the Center for Responsible Lending (CRL) today joined a broad coalition of organizations is calling for Congress...