🚨 BREAKING: CDFI Fund Staff Completely Eliminated On October 10, the Trump administration laid off ALL 102 employees at the CDFI Fund during the government shutdown. What is the CDFI Fund? It supports community lenders, credit unions, and Native financial institutions serving low-income and underserved areas across the country. The Impact: • Generates $8 in private funding for every federal dollar • Serves 69 Native-certified lenders in tribal communities • Has had strong bipartisan support for years • Terminations take effect December 13 The Controversy: Internal documents say the fund "doesn't align with the President's priorities." But Treasury Secretary Bessent argues these programs are mandated by law and can't be abolished through executive action alone. This is part of mass layoffs affecting ~4,000 federal workers across multiple agencies. The legality is being challenged. Communities that depend on these services are now facing an uncertain future. #CDFI #CommunityDevelopment ...