Reductions to Minority Business Development Agency Staffing and $436B CDFI Capital at Risk
1 Articles
1 Articles
Reductions to Minority Business Development Agency Staffing and $436B CDFI Capital at Risk
Under the guise of reducing government fraud and waste, a series of executive orders (EOs) from the White House aggressively reduced budgets and staff in federal agencies that directly deliver public services. But when agencies spark job creation and leverage public investments to attract even larger private ones, there’s no logical reason to nix what is working well. Yet that is exactly what occurred with a March 16 EO that “eliminates non-sta…
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