… agencies to support a more cohesive process to ensure those funds are dispersed in a timely manner as Congress intended. Thank you, Congressman. We put out the NOFOS this week. We are implementing the spending as you have put forward in the appropriations process. We have concerns with the program. We put forward proposals that are similar but different. I have concerns from my perch at CFPB where I'm in charge of people's ability to repay and they CDFI individuals get an exemption from ability to repay. (08:35–08:41)
CLAIM
Asserts that spending is being implemented as outlined in the appropriations process.
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