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Russell Vought: “Some of the CDFIs that the Biden administration were…”

Featuring: Russell Vought, Director, U.S. Office of Management and Budget | National

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Published | Video Starts at 09:08

So when you turn, you look at the kind of market and tensions and cracks in the market that could come from that, I have concerns. And then if you look at Some of the CDFIs that the Biden administration were funding... 4.9 million for local initiatives, support corporation that publishes blogs condemning the level of whiteness in community development. That's the kind of thing that we want to put an end to. It's why it's taken us a little while to get the no foes out and the apportionment done. (09:08–09:22)

CLAIM

Asserts that $4.9 million was allocated to a CDFI that publishes blogs condemning whiteness in community development.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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