The Office of the Comptroller of the Currency (OCC) has introduced a new initiative to promote greater financial inclusion amongst consumers and small businesses; the Economic Access and Change (REACh) project brings together the banking industry and various business, civil rights, and tech-focused organizations; the project’s supporters will try to identify and reduce or limit barriers to accessing capital and credit; the group’s current focus is on policy and structural issues that make it difficult to access credit; Brian P. Brooks, the Acting Comptroller of the Currency, tells Crowdfund Insider, “The recent civil unrest across our country emphasizes that too many people have been left out of our nation’s economy. While we applaud others, who have made large financial contributions to address immediate needs, Project REACh will focus on policy and structural changes that can help more people participate in our economy and prosper in the same way so many others have.” Crowdfund Insider.
