Fw: SPECIAL CRA ALERT--IMMEDIATE ACTION NEEDED!!!

H. C. Covington -- I CAN America (icanamerica@email.msn.com)
Wed, 20 Oct 1999 14:01:16 -0400


> SPECIAL CRA ALERT--IMMEDIATE ACTION NEEDED!!!
>
> Word is coming from CRA advocates on Capitol Hill today that negotiations
> on the "financial modernization" bill are going very poorly with respect
> to the provisions that would erode the Community Reinvestment Act.  Little
> by little the conferees are agreeing to give away the store.  Also there
> are not sufficient reassurances from the White House that Clinton will
> uphold his veto threat if CRA is substantially weakened in HR 10/S 900.
>
> ACTION NEEDED: In particular, Senator Dodd (D-CT) needs to hear from
> groups in Connecticut IMMEDIATELY that he must not agree to any anti-CRA
> provisions (see Policy Alert #171 for more details).  Senator Kerry
> (D-MA), Senator Edwards (D-NC) and Senator Schumer (D-NY) also need calls
> to shore them up. They can all be reached at the Capitol switchboard,
> 202/224-3121.
>
> Also flood the White House switchboard with calls IMMEDIATELY urging the
> Administration to send a strong message to conferees that he will veto the
> "financial modernization" bill if Congress weakens CRA.  Direct you
> message to Economic Advisor Gene Sperling's office.  The White House
> switchboard is 202/456-1414.
>
> Please contact Debby Goldberg at 202/342-0567 or goldbergd@commchange.org
> for more information and to report back on your conversations with policy
> makers.
>