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</html><description>GRAMM&#x2019;S NO FOOL. Senator Phil Gramm makes no secret of his contempt for the Community Reinvestment Act, which requires banks to provide some lending to economically distressed areas. As chair of the Senate Banking Committee, Gramm has a lot more leverage and is using it to bust the C.R.A. He called C.R.A.-required relationships between banks [&hellip;]</description><thumbnail_url>https://www.texasobserver.org/wp-content/uploads/2012/09/about-the-texas-observer.jpg</thumbnail_url><thumbnail_width>740</thumbnail_width><thumbnail_height>402</thumbnail_height></oembed>
