Don Riegle

Former U.S. Senator

Don Riegle is a former Democratic senator from Michigan. He chaired the Senate Banking Committee from 1989 to1994 and co-authored the Riegle-Neal Interstate Banking and Branching Efficiency Act.

CRA

Three reforms CDFIs need to help build stronger communities

Community development financial institutions could do more lending in low-income neighborhoods if policymakers relaxed accounting rules, increased government support and encouraged more investment from hedge funds and other nonbank lenders.

By Eugene Ludwig

July 30