White House Pauses Federal Grants and Loans #CISNewsStudio1s
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The White House budget office has announced a temporary halt on all federal grants and loan disbursements, effective Tuesday at 5 p.m., as detailed in an internal memorandum. This pause, aimed at reviewing agency programs to align funding with presidential priorities, could impact trillions in government spending and disrupt public programs. However, Social Security, Medicare, and direct individual assistance remain unaffected.
The freeze blocks new grant issuances and is the latest measure by the Trump administration to exert control over federal funding, even funds already allocated by Congress.
#WhiteHousePauses #FederalGrants #GrandsandLoans #usfederalgrants #cisnewsstudio1s
