Pres. Biden stated, “I’m about to sign into law three bills … protecting our planet from climate disturbing greenhouse gas, particularly methane, which is devastating, protecting consumers from predatory lenders and protecting workers from employment discrimination,” and added, “Each of these bills reflects a return to common sense and commitment to the common good.”

The CRA only requires a simple majority vote in both chambers and presidential approval. As Democrats are the majority in both chambers, there were no expected hardships in passing the bill.

The CRA was equally used by then-Pres. Trump to eliminate many of his predecessor’s regulations, some of which will be restored by the Biden administration.

The climate rule that Biden got rid of included a weakened regulation of methane under Trump’s rule. Pres. Biden took it back to 2016 Obama-era regulations that encouraged the use of clean fuels which minimizes methane output; methane is known to be one of the more impactful greenhouse gases.

Another rule allowed lenders to offer loans at interest rates that exceed state limits if they team up with a federally chartered bank headquartered in a state with a higher cap. The Trump administration argued that the rule clears up uncertainty surrounding who the “true lender” is in such cases, but opponents said it allows lenders to charge consumers higher rates,” according to The Hill.

The employment discrimination against employees due to more information requiring to get a job will be removed. Under the Trump administration, more information was required of people to clarify their “identity” and fit for the job. The Trump administration said the additional information would improve transparency, while critics said it could lead to retaliation because employers would be able to [better identify] victims and witnesses, with employers also having an advantage in potential litigation through early access to information.”

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