Trump's war on 'woke' forces community lenders to cut services or close
Source: Reuters
October 31, 2025 7:07 AM EDT Updated 2 hours ago
WASHINGTON, D.C., Oct 31 (Reuters) - A year ago, Karlene Sinclair-Robinson was writing loans and hosting education seminars for small businesses and entrepreneurs as finance director of Community Business Partnership, a community development financial institution, or CDFI, in northern Virginia. Now, she’s helping shut it down for good on December 31.
The non-profit has been in business for nearly 30 years, but the Trump administration withheld $324 million in funding appropriated by Congress for the nearly 1,400 CDFIs across the country, targeting them as part of a "woke" program that promotes a “partisan agenda,” “gender extremism” and “climate radicalism."
Then, at the beginning of the government shutdown, Office of Management and Budget Director Russell Vought issued reduction-in-service notices to all staffers of the CDFI Fund, the agency that provides grants and certifies CDFIs, indicating their employment would be terminated on December 13.
“There are other CDFIs that might only have maybe a year runway. If they don't get additional funding, they won't go past the next year,” said Sinclair-Robinson, who is also the author of “Spank The Bank: THE Alternative Guide to Business Financing.”
Read more: https://www.reuters.com/world/us/trumps-war-woke-forces-community-lenders-cut-services-or-close-2025-10-31/
Keep calling them out as "RACISTS". Literally. Don't sugar-coat it. They will recoil. You think they don't but they do.
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