Black businesses caught in limbo as lawsuit challenges Trump administration over $289M in funding

Sep 29, 2026 - 01:00
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Black businesses caught in limbo as lawsuit challenges Trump administration over $289M in funding

Nearly $300 million is currently being held up by the Trump administration amid a legal battle over the release of congressionally approved funds to community development financial institutions (CDFIs), which provide critical capital for Black businesses. In a lawsuit filed last week in the United States District Court for the District of Columbia, a coalition […]

The post Black businesses caught in limbo as lawsuit challenges Trump administration over $289M in funding appeared first on Unite News.

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