Trump Administration Halts Financial Assistance Programs

The Trump administration has paused financial assistance programs at the Office of Management and Budget. The decision affects various federal financial aids, aligning with President Trump's executive orders. Agencies must halt related activities and review programs by February 10, ensuring alignment with priorities.

The Trump administration has put a temporary stop to grant, loan, and financial aid programs managed by the Office of Management and Budget, as stated in a memo seen by Reuters.

This halt, tied to executive orders, affects programs linked to diversity, equity, inclusion, DEI, global aid, and the green new deal. The suspension, effective from January 28, allows time for agency program reviews to align with President Trump's priorities and legal mandates.

Federal agencies are required to pause activities related to funding opportunities and provide program analyses by February 10. These measures aim to ensure that financial assistance programs comply with the President's policies and requirements.

(With inputs from agencies.)