Trump's war on 'woke' forces community lenders to cut services or close
Published on: Oct. 31, 2025, 3:39 p.m. | Source: The Economic Times
Community Business Partnership, a nearly 30-year-old CDFI, is closing due to the Trump administration withholding $324 million in funding. The administration targeted CDFIs, calling them "woke" programs promoting "partisan agenda," "gender extremism," and "climate radicalism." This funding cut jeopardizes the future of many institutions vital to underserved communities.
