Gramm Seeks Clarification on FOIA, ‘Contact’ Rules
January 29, 2001
Senate Banking Committee Chairman Phil Gramm, R-TX, will be seeking clarification and, possibly, changes to two provisions in recently issued final regulations implementing the Community Reinvestment Act sunshine requirements. At a press briefing on Capitol Hill last week, Gramm slammed a provision requiring those wishing to obtain information about CRA agreements to file formal requests under the Freedom of Information Act.