I thought CRA was enacted in 1977 not the the 90. Either way the article seems factually challenged.
You’re right, the CRA was passed under the Carter admin in 1977. However when the Clintonistas took over they “put it on steroids” as some pundits termed it. The Clinton admin aggressively pursued the goals of the act with the misguided assumption that lending institutions were deliberately discriminating against poor minorities. We now know that was a false premise. Undoubtedly the banks knew better but were forced to sell mortgages when threatened with severe penalties by the Clinton justice department. Where else do you think Tracinski is factually wrong?