# Why Gutting the CDFI Fund Hurts Banks, Communities

Page: https://stenobird.com/podcast/banking-with-interest-121771/why-gutting-the-cdfi-fund-hurts-banks-communities
Text version: https://stenobird.com/podcast/banking-with-interest-121771/why-gutting-the-cdfi-fund-hurts-banks-communities.md
Podcast: [Banking with Interest](https://stenobird.com/podcast/banking-with-interest-121771)
Published: 2025-10-22T10:00:00+00:00
Episode link: https://bankingwithinterest.libsyn.com/why-gutting-the-cdfi-fund-hurts-banks-communities
Audio file: https://traffic.libsyn.com/secure/bankingwithinterest/CDFI_Podcast_Oct_20_2025.mp3?dest-id=1986239
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JSON: https://stenobird.com/v1/public/podcasts/banking-with-interest-121771/episodes/why-gutting-the-cdfi-fund-hurts-banks-communities
Duration seconds: 1860

## Resource

As the government shutdown drags on, the Treasury Department fired the entire staff of the CDFI Fund, a program with substantial bipartisan support. Dennis Ammann, CEO of People's Bank, a CDFI in Mississippi, and Jeannine Jacokes, CEO of the Community Development Bankers Association, discuss the impact on CDFIs nationwide and why it has alarmed lawmakers on both sides of the aisle.

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## Transcript

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