White House Pauses Federal Grants, Loans

Some lawmakers from the Democratic Party have called on the Office of Management and Budget to reverse the memo.
White House Pauses Federal Grants, Loans
The White House in Washington on Feb. 15, 2024. Madalina Vasiliu/The Epoch Times
Aldgra Fredly
Updated:
0:00

The Office of Management and Budget (OMB) directed federal agencies, in a Jan. 27 memorandum, to suspend the distribution of grants, loans, and other financial assistance while the programs are under review.

A memo, from OMB Acting Director Matthew Vaeth, directs federal agencies to conduct a comprehensive analysis of all financial assistance programs to determine whether they are aligned with the executive orders signed by President Donald Trump after his inauguration on Jan. 20.