- Washington (state)
  location
- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)

Donald Trump scraps plan to freeze federal loans and grants after backlash

Financial Times

Financial Times

Summary

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White House press secretary Karoline Leavitt defended the Trump administration's temporary pause on some federal spending as Democrats sounded the alarm about programs like Medicaid going dark.
Axios
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The confusion and criticism over the policy that President Donald Trump rolled out Monday night that was set to halt federal grants and loans by 5 p.m. last night was cut short by a decision from a Washington, D.C., federal court judge, who halted the pause minutes before it was set to go into effect after nonprofit and public health groups sued the White House over the executive order.
Politico
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Among the 25 respondents, 65% see two rate cuts in 2025, equal to the number penciled in by Federal Reserve officials in their recent forecasts and roughly equal to futures markets expectations.
CNBC
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A federal judge in D.C. issued a temporary injunction Tuesday to block the Trump administration's freeze on grants and federal funding, which had left state Medicaid agencies and health providers in limbo for most of the day.
Newsweek

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References

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www.documentcloud.org
OMB memo on federal aid freeze | DocumentCloud
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