Katie BaileyIn a reversal of the Trump Administration’s earlier move, the mass reduction-in-force (RIF) notices issued to all employees of the Community Development Financial Institutions Fund (CDFI Fund) last month have been rescinded. The notices had threatened terminations in December as part of a broader effort by the Office of Management and Budget (OMB) under Director Russ Vought to pressure congressional Democrats to drop their objections in the budget-funding fight.
