‘Grim Reaper’ Vought Comes for Treasury's CDFI Fund, Again

Also, Bowman `optimistic' big bank capital changes will come soon

The fight over the Treasury’s Community Development Financial Institutions fund is back on after the department sent layoff notices to its entire staff late last week. It’s the second time this year that OMB Director Russell Vought has targeted the initiative that steers government money to lenders in distressed areas. Once again, it’s setting off a scr…