Boots & Sabers

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Owen

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0712, 28 Jan 25

Trump Pauses Federal Grants, Loans, etc.

A pause is great. Hopefully this is the first step to ending many of these. There are entire organizations created for the purpose of receiving federal grants that do almost nothing. End the gravy train and let those people find something more productive to do.

President Donald Trump has temporarily paused all federal grant, loan and other financial assistance programs, a leaked memo has revealed.

 

The White House budget office has ordered federal agencies to ‘temporarily pause all activities related to obligation or disbursement of all Federal financial assistance’.

 

The temporary pause will not affect Social Security or Medicare benefits, the memo specifies. It also does not include ‘assistance provided directly to individuals’.

 

The suspension goes into effect today at 5pm EST, according to the memo. Agencies have until February 10 to submit detailed information on any programs, projects or activities subject to the pause.

 

The suspension will provide the administration with time to review agency programs and determine the best uses of funding for those programs consistent with the law and Trump’s priorities.

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0712, 28 January 2025

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