• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump admin to pause grants, federal financial assistance programs following executive orders

by January 28, 2025
written by January 28, 2025

The White House has issued a memo that temporarily suspends federal grants, loans and other financial assistance programs for executive departments pending an assessment of the funding. 

The Wall Street Journal first reported the memo, saying it was sent out by the Office of Management and Budget (OMB) around 5 p.m. on Monday. 

A White House official told Fox News Digital that the memo was initially ‘misreported’ and does not constitute a funding freeze on federal financial assistance across the board. The official said the pause is expressly limited to programs, projects, and activities that may be impacted by President Donald Trump’s executive orders, such as ending diversity, equity and inclusion (DEI), the Green New Deal, and funding nongovernmental organizations that the White House suspect undermine national interest. 

The memo exempts any program that provides direct benefits to Americans from the review process. That includes Social Security, Medicare and the Supplemental Nutrition Assistance Program (SNAP), the official said. 

‘This is a good government measure to ensure that taxpayer money is being spent in accordance with law and the President’s policies,’ the official said in defense of the memo. ‘The Biden Administration forced their extreme ideological views into every corner of government and weaponized the government against the American people. They were taking actions up until the last hours trying to tie the hands of President Trump from delivering for the American people.’ 

The White House official told Fox News Digital that the pause is not yet in effect and ‘was designed to give agencies lead time to begin determining which programs are not affected and which programs will need to be reviewed for conformity with the President’s executive orders.’ The official further explained that the directive includes a ‘safety valve’ that the pause ‘shall only occur as consistent with law, which will allow agencies to review spending in conformity with applicable laws.’ 

‘If the activity is not in conflict with the President’s priorities, it will continue with no issues,’ the White House official told Fox News Digital. ‘This is similar to how HHS [Department of Health and Human Services] stopped the flow of grant money to the WHO [World Health Organization] after President Trump announced the U.S. withdrawal from the organization. Or how the State Department halted several million dollars going to condoms in Gaza this past weekend.’  

The memo, which takes effect Tuesday at 5 p.m., said agencies ‘must temporarily pause all activities related to obligation or disbursement of all Federal financial assistance, and other relevant agency activities that may be implicated by the executive orders, including, but not limited to, financial assistance for foreign aid, nongovernmental organizations, DEI, woke gender ideology, and the Green New Deal,’ according to the Journal. 

The memo reportedly said the federal government spent more than $3 trillion on federal assistance, including grants and loans, in the 2024 fiscal year and that the pause allows ‘time to review agency programs and determine the best uses of the funding for those programs consistent with the law and the President’s priorities.’

Each agency must ‘complete a comprehensive analysis of all their Federal financial assistance programs to identify programs, projects and activities that may be implicated by any of the President’s executive orders,’ the memo continued, according to the Journal, adding that the pause must be applied ‘to the extent permissible under applicable law.’ 

Senate Minority Leader Chuck Schumer, D-N.Y., condemned the memo, telling the Journal that pausing the funding puts ‘billions upon billions of community grants and financial support that help millions of people across the country’ at risk. 

‘It will mean missed payrolls and rent payments and everything in between: chaos for everything from universities to non-profit charities, state disaster assistance, local law enforcement, aid to the elderly, and food for those in need,’ Schumer said, adding that Congress approved the funding for the federal assistance programs.

However, the White House official denied that the memo would result in any devastating effects on programs, explaining to Fox News Digital that the OMB explicitly instructed agencies to identify programs with immediate deadlines so that ‘exceptions can be granted without any program impact.’ It does not constitute a permeant stop of the funds. 

The pause ‘could be as short as a day if an agency determines that the funds at issue do not conflict with the Administration’s policies,’ the official said. ‘To act as faithful stewards of taxpayer money, new administrations must review federal programs to ensure that they are being executed in accordance with the law and the new President’s policies. If the pause will have an adverse impact, the memo expressly provides that agencies can seek exemptions on a case-by-case basis.’

The memo included a footnote that said Medicare, Social Security benefits and assistance provided directly to individuals were exempt from the pause, but its otherwise broad language caused confusion Monday night among some federal employees, as administrators requested advice from their internal counsel regarding which programs the pause applied to and how the departments should respond, one source told the Journal. 

The memo included a Feb. 10 deadline for agencies to submit a thorough summary of all paused programs, projects and activities to the Office of Management and Budget.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
China’s influence on Panama Canal poses ‘acute risks to US national security,’ Sen. Cruz warns
next post
HHS will reevaluate programs, regulations to ensure taxpayer funds are not paying for elective abortions

related articles

The Great Biden Coverup: Aides debated whether to...

May 14, 2025

Trump continues to defend Qatar gifting US $400M...

May 14, 2025

State Department approves sale of $1.4B worth of...

May 14, 2025

House Republicans face down Dem attacks, protests to...

May 14, 2025

US cuts defense ties with Cuba over ‘non-cooperation’...

May 13, 2025

Saudis deploy mobile McDonald’s for Trump’s trip to...

May 13, 2025

Trump hits Iran’s pocketbook as he dangles a...

May 13, 2025

House Democrat moves to force Trump impeachment vote

May 13, 2025

Trump offers Iran choice: Drop nuclear weapons or...

May 13, 2025

Biden made Harris campaign a ‘nightmare,’ destroyed her...

May 13, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Apple Pay down: users report Apple Cash issues disrupting payments across platforms

    January 9, 2025
  • Mars Buys Pringles Maker Kellanova in $36B Deal

    August 15, 2024
  • I worked with Kash Patel to expose the Russia hoax and know he’s the best pick to reform the FBI

    December 9, 2024
  • Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

    August 9, 2024
  • Pentagon announces new counter-drone strategy as unmanned attacks on US interests skyrocket

    December 9, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,488)
  • Investing (614)
  • Stock (744)

Latest Posts

  • Amazon hikes wages for contract delivery drivers as union pressures grow

    September 13, 2024
  • Actor Will Ferrell ‘threatens’ voters in new Harris campaign ad: ‘Shut the f–k up, Gary’

    November 4, 2024
  • Hawley skeptical of Trump pick Oz: ‘I hope he’s changed his views’

    March 20, 2025

Recent Posts

  • Hakeem Jeffries says he’s ‘prepared to find common ground’ with Trump next year

    December 11, 2024
  • Trump speaks with Russia’s Putin about ending Ukraine war

    March 18, 2025
  • Starbucks will stop charging extra for nondairy milk

    October 31, 2024

Editor’s Pick

  • Three-year inflation outlook hits record low in New York Fed consumer survey

    August 13, 2024
  • Five biggest moments of Trump’s speech to RNC

    July 19, 2024
  • Treasury Department recoups $31 million in improper government payments to dead people

    January 17, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock