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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 ...
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. 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.
WASHINGTON — A senior official at the Federal Emergency Management Agency instructed subordinates to freeze funding for a wide array of grant programs Monday, just hours after a federal judge ...
A federal judge temporarily blocked part of the Trump administration’s pause on federal grants and loans Tuesday, just hours before it was set to take effect, as a slew of advocacy groups ...
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 ...
The White House's pause on federal grants and loans appears to be over. A memo sent by Matthew J. Vaeth at the OMB on Wednesday says that the memorandum is no longer in effect. The pause sparked ...