Treasury Secretary Moves to Protect Popular Lending Fund

Also, Trump's firing of FTC Democrats reverberates at financial regulators

News of the late Friday executive order spread rapidly among small lenders and their Washington allies: The White House was moving to cut the Community Development Financial Institutions Fund, which steers government and private money to firms in distressed locales. Mac McNeil, who runs a CDFI owned by the National Community Reinvestment Coalition, had …