GOP lawmakers draw a red line on Trump’s Main Street lending cuts

President Donald Trump is renewing efforts to eliminate the Community Development Financial Institutions (CDFI) Fund, a bipartisan program that provides capital to underserved communities and small businesses. The proposal has drawn unusual criticism from Republican lawmakers, particularly those representing rural and economically disadvantaged areas that benefit significantly from the fund.

Published: May 9, 2025

Source: Politico Pro

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