Battle Lines Harden Over Low-Income Lending Rules

 

House Democrats are mounting their first significant challenge to a Trump administration overhaul of rules that affect the way banks make billions of dollars in loans, investments and donations to customers in low- and moderate-income areas.

Even if successful in the House, any legislative measure faces an uphill battle in the GOP-controlled Senate. But the effort signals Democrats may seek to scrap the administration’s overhaul if the party scores significant electoral victories in November.