White House Freezes Federal Grants and Loans

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White House Freezes Federal Grants and Loans
FEDERAL FUNDINGBUDGETTRUMP ADMINISTRATION
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The White House budget office has ordered a pause on all federal grants and loans, impacting trillions in government spending and halting public programs. This move, potentially affecting millions of Americans, allows the administration to review agency programs and ensure funding aligns with President Trump's priorities.

Jennifer Hansler, CNNThe White House budget office has ordered a pause on all federal grants and loans, according to an internal memorandum

The memo specifies that the pause will not affect Social Security or Medicare benefits, nor does it include "assistance provided directly to individuals." The memo suggests that the pause is in line with President Donald Trump's executive orders last week. "Financial assistance should be dedicated to advancing Administration priorities, focusing taxpayer dollars to advance a stronger and safer America, eliminating the financial burden of inflation for citizens, unleashing American energy and manufacturing, ending 'wokeness' and the weaponization of government, promoting efficiency in government, and Making America Healthy Again," he continued.

The memo calls on agencies to submit to OMB "detailed information on any programs, projects or activities subject to this pause" by February 10.

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