Wednesday, February 19, 2025
Home » White House Rescinds Order Pausing Federal Loans and Grants

White House Rescinds Order Pausing Federal Loans and Grants

by Tony Grist
0 comment

The Trump White House on Wednesday rescinded an order that had paused all federal grants and loans.

That order, issued Monday in a memo from the Office of Management and Budget (OMB), had directed federal agencies to temporarily halt federal financial assistance for “foreign aid, nongovernmental organizations, DEI, woke gender ideology, and the green new deal.” 

The reversal comes a day after a federal judge halted the order’s implementation until Feb. 3. Critics of the order said it had caused confusion and threatened services on which Americans rely, while the Trump administration said it was less sweeping than the media made it seem. 

White House Press Secretary Karoline Leavitt, in a statement to reporters, said that “OMB has rescinded the memo to end any confusion on federal policy created by the court ruling and the dishonest media coverage.”

Leavitt added that other executive orders on funding would remain in effect and that the administration would continue efforts “to end the egregious waste of federal spending.”



Read the full article here

You may also like

Leave a Comment

About Us

Precise Shooters is your one-stop website for the latest firearms news and updates, follow us now to get the news that matter to you.

Precise Shooters © 2023 – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy