Finance
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- By Brian Edwards
- Finance
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The U.S. Department of Treasury has reportedly affirmed that its Community Development Financial Institutions (CDFI) Fund will continue operating normally, easing some concerns about potential disruptions stemming from a Trump administration executive order that threatened to dismantle the agency office.
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- By Brian Edwards
- Finance
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President Donald Trump signed an executive order Friday to drastically scale back the Community Development Financial Institutions (CDFI) Fund, potentially eliminating a critical source of capital for Native-owned businesses and economic development in tribal communities.
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- By Chez Oxendine
- Finance
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The Internal Revenue Service has cut roughly half the staff at an agency office dedicated to helping tribes navigate complex tax issues, Tribal Business News has learned.
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- By Brian Edwards
- Finance
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Last week, I attended an annual summit in Washington, D.C., where community development financial institution (CDFI) leaders gathered to discuss their vision for expanding access to capital in Native communities.
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- By Brian Edwards
- Finance
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Philanthropist MacKenzie Scott has awarded more than $103 million in unrestricted funding to Native community development financial institutions (CDFIs) across the country, marking one of the largest single investments in Native financial institutions.
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- By Brian Edwards
- Finance
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U.S. Treasurer Chief Marilynn "Lynn" Malerba, the first Native American to hold the position, is stepping down this week after overseeing significant expansions in tribal economic development and investment programs during her two-year tenure at the Department of Treasury.
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- By Chez Oxendine
- Finance
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What do you do when your microloan fund suddenly grows by 1,650%?
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- By Brian Edwards
- Finance
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A Cleveland-based private equity firm backed by Native American capital is making waves in professional sports ownership, starting with a recent $154 million investment in English Premier League club Ipswich Town FC.
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- By Chez Oxendine
- Finance
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Native-owned cannabis businesses continue to blossom nationwide, but regulatory confusion threatens to stifle that growth. Complex intersections between tribal and state jurisdictions block many Native operations from accessing basic banking services.
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- By Brian Edwards
- Finance
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The U.S. Department of Treasury has finished approving more than $500 million in State Small Business Credit Initiative (SSBCI) funding for federally recognized tribes, marking the final round of a program aimed at boosting Native American entrepreneurship and small businesses.