(This is the third in a series of article on Cliff Rosenthal’s transition from the National Federation of CDCUs to the CFPB. A version appeared in Credit Union Journal on March 25, 2015.) Going Home In March 2014, I left my job running the Office of Financial Empowerment of the Consumer Financial Protection Bureau. In […]
Community Development Financial Institutions (CDFI): History of a Movement
Long before Occupy Wall Street in the fall of 2011, groups of social activists, community organizers, and even some bankers were working to build institutions to bring capital to the corners of American society where the streams of wealth and bank credit did not flow. As CEO of the National Federation of Community Development Credit […]