President Donald Trump has ordered all federal agencies to stop issuing federal grants and loans, according to an internal memorandum sent on Monday.. Why It Matters. The. 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. Trump has long railed against foreign aid despite the fact that such assistance typically amounts to roughly 1% of the federal budget, except under unusual circumstances. State highway reimbursements, while technically part of the federal financial assistance category, could get an early exemption based on the reaction last week to Trump’s. The Trump administration late Monday directed federal agencies to pause the disbursement of loans and grants while the government conducts a review to ensure spending.
President Donald Trump has ordered a freeze domestic and foreign federal aid starting on Tuesday in a sweeping attempt to stop government funding for "woke" causes that. 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. President Donald Trump has ordered all federal agencies to stop issuing federal grants and loans, according to an internal memorandum sent on Monday.. Why It Matters. The. Whatever happens to the Education Department, Trump’s second term could have major implications for federal financial aid—and the students who rely on it. Student aid policy.
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