Charlie Turner

speaker

4,985 appearances 165 recordings 1 series first heard Jul 2017 last heard Aug 2021

Charlie Turner’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Looking to Refinance? You May Not Get the Lowest Mortgage Rates · 19 Aug 2020 podcast

I'm Charlie Turner for The Wall Street Journal. voice-verified

WSJ Your Money Briefing · Community Lenders Seen as Playing Role in Push for Economic Equity · 18 Aug 2020 podcast

This is your Money Briefing for Tuesday, August 18th. voice-verified

I'm Charlie Turner for The Wall Street Journal. voice-verified

Amid a national conversation about racial injustice, there's been a surge of interest in CDFIs, lenders which serve disadvantaged communities. voice-verified

But can it last? voice-verified

We'll talk with our reporter Amara Omoque after the break. voice-verified

A key reason for economic inequality in America is that black communities, whether they're consumers or small businesses, have less access to credit than their white counterparts. voice-verified

A small network of lenders is trying to fix that. voice-verified

They're called Community Development Financial Institutions, or CDFIs. voice-verified

Congress and the Trump administration are turning to CDFIs to boost lending to rural, impoverished, and minority communities. voice-verified

And CDFIs are also partnering with corporate America. voice-verified

But can this influx of money to CDFIs last? voice-verified

Joining us with more is our reporter, Amara Omoque. voice-verified

Amara, let's start with the basics. voice-verified

What are CDFIs? voice-verified

And why have these community-based lenders drawn so much interest in recent months? voice-verified

How have the Trump administration and Congress been working with CDFIs? voice-verified

And CDFIs are getting financial support from some major corporations too? voice-verified

So the CDFI industry has a lot of momentum behind it, especially given the national conversation on race that we've been having. voice-verified

Can it be sustained? voice-verified

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