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A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
The GSA achieves these tasks by maintaining the Federal assistance information database, which incorporates all federal agency programs that provide grants and awards to recipients. The Office of Management and Budget (OMB) assists the GSA in maintaining the database by serving as an intermediary agent between the Federal agencies and GSA.
On January 27, 2025, memo M-25-13 was released by Matthew Vaeth, acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and [Green New ...
WASHINGTON — An abrupt halt on federal grants and loans announced Monday night by the Trump administration has created widespread confusion across the government, Congress, state programs and ...
President Donald Trump on Monday issued a sweeping memo ordering a halt to all grant, loan and other financial assistance programs disbursed by the federal government, a massive policy change that ...
Donald Trump's White House ordered a pause in all federal grants and loans starting on Tuesday, a sweeping decision that could disrupt education and health care programs, housing assistance ...