More than 100 Republican lawmakers are expected to sign on to a letter pushing back on the Trump administration’s move to eliminate a popular, bipartisan community development finance fund that helps small businesses and home buyers access capital in areas of the country underserved by big banks.
The congressional Republicans are pressing the Trump administration to reverse its decision to fire all employees at the Treasury Department’s Community Development Financial Institutions Fund, according to the draft letter. The letter is expected to be sent to the administration Thursday.
The bicameral letter, led by Rep. Young Kim (R-Calif.), a…
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