Proposed Trump budget would redirect CDFI Fund awards
The proposed White House budget for the coming fiscal year would change the mission of the CDFI Fund, with the ...
Tag: CDFI
House Democrats ask Treasury to exempt CDFI Fund from cuts
House Democrats are urging Treasury Secretary Scott Bessent to exempt the CDFI Fund from a recent executive order directing it ...
ABA, associations urge lawmakers to continue support for CDFI Fund
ABA joined four banking and housing lender associations in urging lawmakers to allocate at least $324 million for the CDFI ...
Bank, credit union state regulators voice support for CDFI Fund
The CDFI Fund is a proven successful public-private partnership model for maximizing impact while minimizing government expense, two organizations representing ...
Senators reaffirm support for CDFI Fund amid concerns over cuts
Twenty-three senators from both parties have signed a joint letter expressing their support for the CDFI Fund after President Trump ...
ABA, associations: CDFI Fund plays vital role in boosting local economies
As the nation works to strengthen the economy, the CDFI Fund is a proven and effective vehicle that directly supports ...
Trump directs CDFI Fund to downsize operations
President Trump issued an executive order directing the CDFI Fund and other government programs to reduce their personnel and operations ...
DOGE recommends terminating CDFI Fund contracts
A team led by Elon Musk is recommending that the Treasury Department cancel hundreds of contracts funded through its Community ...
Treasury Secretary nominee pressed on bank regulation, credit card fees
During a confirmation hearing, Bessent called for less regulation on banks and criticized credit card companies, although he stopped short ...
CDFI, MDI leaders join Mission Driven Bank Fund advisory committee
The Mission Driven Bank Fund announced the appointment of its inaugural Mission Advisory Committee, comprising seven industry leaders with expertise ...
