Monthly Archives: March 2017

Raphael Bostic to Lead the Atlanta Fed

The Board of Directors of the Federal Reserve Bank of Atlanta has selected Raphael Bostic as its new President, succeeding Dennis Lockhart. Bostic, currently a department chair at the University of Southern California, has experience in the Federal Reserve System and as a senior housing policy official in Department of Housing and Urban Development in […]

HUD Cuts?

The ruckus over proposed┬árepeal of the Affordable Care Act (ACA), CIA leaks, and Russian relationships in and around the White House is turning attention other important developments on federal spending. The latest is a leaked internal Department of Housing and Urban Development (HUD) budget document that would cut $6 billion from the HUD budget, $3 […]

More Focus on the CDFI Fund

When the New York Times reported on President Trump’s budget plans last week, The CDFI Fund was the only program under the knife that got mentioned by name. Now TIME magazine has picked up the story and run with it. TIME reports that the Fund, … costs about $0.79 per American, a useful metric since […]

Trump Budget Watch

There is no official Trump Budget yet so the reports you read and hear about are informed speculation, at best. The reports seem to confirm widespread thinking that the White House’s domestic agenda is based in large part on┬áThe Heritage Foundation’s Blueprint for Balance. Yesterday the word was that The CDFI Fund is targeted for […]