President Donald Trump on Monday issued a sweeping memo ordering a halt to all grant, loan and other financial assistance programs disbursed by the federal government, a massive policy change that could affect a huge range of services across the country. Matthew J. Vaeth, the acting director of the ... Tax credits — not loans, grants, and contracts — make up the majority of the hundreds of billions in federal spending expected to flow from the Inflation Reduction Act, which Trump has called ... Investors said they feared another $300bn worth of future federal funding — mostly from the infrastructure law — would also now be frozen by Trump’s move. The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a memo sent to government agencies on Monday, potentially paralyzing a vast ... President Donald Trump's budget office on Monday ordered all federal agencies to temporarily block disbursement of grants and loans.
Trump administration orders sweeping freeze of all federal aid In a two-page memo, the Office of Management and Budget ordered all federal agencies to temporarily suspend payments. President Donald Trump's budget office on Monday ordered all federal agencies to temporarily block disbursement of grants and loans. President Donald Trump on Monday issued a sweeping memo ordering a halt to all grant, loan and other financial assistance programs disbursed by the federal government, a massive policy change that could affect a huge range of services across the country. Matthew J. Vaeth, the acting director of the ...
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