Community development financial institutions around the country have been roiled by the Trump administration’s March 14 executive order targeting the CDFI Fund for elimination “to the maximum extent ...

As the Trump administration’s budget-cutting activity continues, the Treasury Department has moved to protect the Community Development Financial Institutions Fund (CDFI), a financial program ...

Sens. Mike Crapo, R-Idaho, and Mark Warner, D-Va., led the group. The pair are co-chairs of the CDFI caucus, and issued a statement in support of the fund shortly after the executive order was ...

With an astonishing return on investment, the Community Development Financial Institutions, or CDFI, Fund has unlocked billions in private capital in economically distressed urban, rural and Native ...

President Trump signed an executive order to shrink the CDFI Fund, a Treasury program that helps small businesses in underserved areas get financing. Capitol Hill, Main Street, and Wall Street are ...

“The CDFI Fund is a lifeline for underserved populations to access capital & directly supports multiple Orange County credit unions that serve our community,” Rep. Young Kim (R-Calif.

In fiscal 2024, the CDFI Fund awarded $789 million in grant funding to local lenders to make small-business loans. It also allocated $5 billion for the New Market Tax Credit Program and guaranteed ...

On March 14, President Trump issued an executive order (EO) titled “Continuing the Reduction of the Federal Bureaucracy,” which limits the Community Development Financial Institutions (CDFI ...

Based in Pittsburgh, Bridgeway, which also has an Erie office, is a community development financial institution or CDFI that provides low interest loans to disadvantaged people who might not ...

TOKYO -- Japanese stock futures were sharply lower on Thursday morning after U.S. President Donald Trump plowed ahead with harsher-than-expected tariffs despite warnings they would dent global ...