Federal Banking Regulator Steps Down After Anti-Redlining Law Overhaul

Lending Law-Changes
In this Nov. 27, 2017, file photo Joseph M. Otting speaks after his swearing in ceremony as Comptroller of the Currency, at the Treasury Department in Washington. AP Photo/Alex Brandon
Lending Law-Changes
In this Nov. 27, 2017, file photo Joseph M. Otting speaks after his swearing in ceremony as Comptroller of the Currency, at the Treasury Department in Washington. AP Photo/Alex Brandon

Federal Banking Regulator Steps Down After Anti-Redlining Law Overhaul

Comptroller of the Currency Joseph Otting is stepping down following a massive overhaul of a landmark 1977 anti-redlining law.

Reset checks in with Aaron Glantz of Reveal News for more on Otting’s departure and what it means for banks across the country.

GUEST: Aaron Glantz, author and senior reporter at Reveal News