New York Fed reports ‘modest decline’ in CDFI numbers, assets
After rising for more than a decade, the number of community development financial institutions and their total assets experienced a ...
Tag: CDFI
Bessent fields lawmaker questions on crypto and deposits, CDFI Fund
In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no ...
Bessent questioned by lawmakers on tailoring regulation, CDFI Fund
Treasury Secretary Scott Bessent reiterated the Trump administration’s push for regulatory tailoring during a sometimes contentious congressional hearing that touched ...
Congress budgets $342M for CDFI Fund in 2026
Lawmakers have agreed to budget $324 million for the Community Development Institutions Fund in fiscal year 2026, which would maintain ...
Senate draft bill budgets $324M for CDFI Fund
The Senate Appropriations Committee has released a draft spending bill that allocates $324 million for the CDFI Fund in fiscal ...
Trump administration rescinds CDFI Fund staff layoffs
The Trump administration has rescinded reduction-in-force notices sent to the employees of the CDFI Fund during the government shutdown.
ABA, associations welcome deal to end government shutdown
Proposed deal also would reverse the Trump administration's decision to lay off more than 4,000 federal employees, including at the ...
House Democrats express ‘deep concern’ about cuts at CDFI Fund
The CDFI Fund and the institutions it serves are “an essential and vital source of capital and financial services to ...
Republican lawmakers urge Trump officials to preserve CDFI Fund
More than 100 Republican lawmakers have signed a letter requesting the Trump administration continue to carry out the statutory obligations ...
Fed’s Barr: CDFIs help local economies grow
Federal Reserve Governor Michael Barr praised the work of community development financial institutions and the CDFI Fund, saying it is ...
