A potential rule change by the Trump administration could limit the Consumer Financial Protection Bureau’s supervision of auto lenders, including many that focus on buyers with low credit scores.
The administration’s 10% equity stake in Intel looks like an embrace of state capitalism, but economist Mariana Mazzucato warns the move is unaligned with any strategy.
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The CDFI fund supports mission-driven lenders operating in rural, tribal, and otherwise underserved parts of the country. Last year, it awarded over $400 million to those institutions.