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Trump administration directs widespread pause of federal loans and grants

  • The White House Budget Office has ordered a pause on all federal grants and loans, effective at 5 p.m. Tuesday, which could impact trillions of dollars.
  • The pause will not affect Social Security or Medicare benefits, and agencies must submit information on programs subject to this pause by February 10.
  • Acting Director Matthew Vaeth stated that this temporary pause will allow the administration to review agency programs and align funding with presidential priorities.
  • Democratic lawmakers expressed extreme alarm over the pause, stating it will have devastating consequences across the country, affecting payrolls and support for communities.
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