MEDIA ADVISORY: Secretary of the Treasury Janet L. Yellen and President Bill Clinton to Celebrate the 30th Anniversary of the CDFI Fund

WASHINGTON – On Thursday, November 21 at 12:00 PM, Secretary of the Treasury Janet L. Yellen and President Bill Clinton will deliver remarks to mark the 30^th  anniversary of the establishment of the Community Development Financial Institution (CDFI) Fund. During their remarks, Secretary Yellen and President Clinton will discuss the impact of CDFIs over the last 30 years in providing capital to small businesses and other entities in low-income, rural, and other underserved communities.

Secretary Yellen served in the White House during the Clinton Administration as Chair of the Council of Economic Advisors, and President Clinton signed the bipartisan CDFI Act into law in 1994, which established the CDFI Fund. Since its inception, the CDFI Fund has had a significant impact on communities nationwide – every dollar the CDFI Fund invests is estimated to catalyze at least eight dollars in private-sector investment, magnifying its impact.

PRESS: Media interested in attending in-person should RSVP to press@treasury.gov by Wednesday, November 20 at 5:00 PM ET. A livestream of this event will be available here.

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