www.allsides.com
Trump administration directs widespread pause of federal loans and grants
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 aligns with President Trump’s agenda.
A memo issued by acting director of the Office of Management and Budget (OMB) Matthew Vaeth directs federal agencies to temporarily pause “all activities related to obligation or disbursement of all Federal financial assistance.”
“This temporary pause will provide the Administration time...