A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.

Read More Banking and Financial Institutions, Regulation and Deregulation of Industry, Suits and Litigation (Civil), Community Reinvestment Act, Minorities, Small Business, American Bankers Assn, Federal Deposit Insurance Corp, Federal Reserve System, Independent Community Bankers of America, National Community Reinvestment Coalition, Office of the Comptroller of the Currency, United States Chamber of Commerce, Texas