On September 14th, The Greenlining Institute submitted a letter to the Consumer Financial Protection Bureau, along with 33 nonprofits, Chambers of Commerce, and business associations, strongly urging the CFPB to implement Section 1071 of the Dodd-Frank Wall Street Reform Act. The rule amends the Equal Credit Opportunity Act to require financial institutions to compile, maintain, and report critical information about small business lending activity including an applicant’s race, ethnicity, and gender. Section 1071 will be critical in ensuring fair access to capital for small, women- and minority-owned businesses. Read the letter here.