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Top Senate Republican sounds alarm over latest Trump attempt to cancel funding

The federal government acquired a 10 percent stake in Intel through an $11.1 billion fund conversion, marking a rare intervention and causing Republican opposition.

Summary
Senate Appropriations Committee Chair Susan Collins (R-Maine) sounded the alarm on Friday over President Trump’s latest request to yank back congressionally approved funding, this time without Congress’ say-so, calling it an attempt to undermine the law. Collins said the recent request sent to Speaker Mike Johnson (R-La.) on Thursday seeks to pull back $4.9 billion in funding for a wide range of foreign aid programs.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Upward News broke the news in on Friday, August 29, 2025.
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