The Trump administration is focused on testing Humphrey’s Executor, a 90-year-old legal precedent that requires cause for firing independent agency appointees.
Local lenders who rely on the federal program are bracing for the potential loss. Plus, a first-time homebuyer in Anchorage, Alaska, and other world leaders who have championed tariffs.
In mid-March, President Donald Trump deemed the Community Development Financial Institutions Fund “unnecessary.” Community lenders are bracing for a possible future without it.
If more undocumented immigrants stop filing and begin working outside of the traditional payroll system, the annual gap between taxes owed and taxes paid could widen.