The Trump Plan that May Hurt Red State Bankers

American Banker
Thursday, March 16, 2017

The CDFI Fund provides a critical influx of resources to rural America, as many communities lack access to basic financial services due to low population density and high poverty rates. President Trump's proposal to eliminate the $233 million CDFI Fund will disproportionately hurt the red states that carried him to victory in the 2016 election.