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5/13/2021

READOUT: Deputy Secretary of the Treasury Wally Adeyemo's Meeting with the Board of Directors of the Opportunity F…

READOUT: Deputy Secretary of the Treasury Wally Adeyemo's
Meeting with the Board of Directors of the Opportunity Finance
Network
May 12, 2021

WASHINGTON – Earlier today, Deputy Secretary of the Treasury Wally Adeyemo met with the
Board of Directors of the Opportunity Finance Network (OFN), led by President and CEO Lisa
Mensah. Deputy Secretary Adeyemo shared President Biden and Secretary Yellen’s vision for
an equitable and sustainable recovery, including tapping into the unrealized potential of
small businesses across the country by supporting Community Development Financial
Institutions (CDFI) and Minority Depository Institutions (MDI) through policies like the $3
billion CDFI Rapid Response Program. Deputy Secretary Adeyemo asked for the Board’s
advice on how Treasury can better utilize its tools to serve underrepresented communities
and how to ensure the commitments made by the private sector in the wake of the murder
of George Floyd and the subsequent racial justice movement, are realized and are upheld.
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https://home.treasury.gov/news/press-releases/jy0174

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