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A report quietly released by the Treasury Department says there is “clear evidence” that a program President Trump wants to cut helps recipients provide financial services to the most underserved communities.
June 7
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Despite an effort by the Trump administration to defund government aid for community development financial institutions, the Senate approved a budget deal that included $258 million in funding for the CDFI fund.
May 4
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The Trump administration is seeking to immediately shut down the Treasury Department’s grant programs for community development financial institutions.
March 28
