On April 9, Goldman Sachs CEO David Solomon spoke with Gayle King on "CBS This Morning" about partnering with CDFIs on the new CARES Act Paycheck Protection Program "to get money into very small businesses, particularly in underserved communities and places where the large retail banks might not go."

Solomon discussed Goldman Sachs' $550 million pledge toward COVID-19 relief efforts. A lion's share of the funding will go to CDFIs and other mission-driven lenders to support small businesses. 

Watch the full segment.


Make Headlines

Send us your CDFI news by email, or by tweet to @OppFinance.


Get updates on the latest CDFI news and information! View an archive of OFN's Blog Digest newsletter HERE.

Related Articles