Economic Policy
Op-Ed: A Cruel and Short-Sighted Attack on Community Investment
Joint Center President Dedrick Asante-Muhammad and Joint Center Senior Fellow Eric Morrissette penned an op-ed titled “A Cruel and Short-Sighted Attack on Community Investment.” The piece focuses on the importance of the CDFI for uplifting communities, especially when there was a recent decision to terminate the entire staff of the Treasury Department’s Community Development Financial Institutions Fund.
From the op-ed: “The Trump administration’s decision to eliminate the entire staff of the Treasury Department’s Community Development Financial Institutions (CDFI) Fund is more than bureaucratic reshuffling — it’s an assault on one of the most effective and bipartisan vehicles for community investment in America. With a single order, the administration has frozen 11 programs that deliver lifelines to small businesses, working families, and neighborhoods across the nation.”
The op-ed was published in OtherWords, Word in Black and the Washington Informer.
