Trump Directs Government Spending to Opportunity Zones

(Barron’s)

President Donald Trump  Photograph by Brendan Smialowski/AFP/Getty Images

President Donald Trump Photograph by Brendan Smialowski/AFP/Getty Images

President Donald Trump has launched a new interagency council to help funnel federal spending into the designated low-income zones created in last year’s tax bill.

Trump issued an executive order Wednesday creating the interagency White House Opportunity and Revitalization Council, to be spearheaded by Housing and Urban Development secretary Ben Carson.