Trump Retreats From Fund Freeze Attempt After Uproar
The Trump administration retreated from its attempt to freeze trillions of dollars allocated by Congress, including grants, loans and financial assistance, after triggering a national uproar and a rap on the knuckles from a federal judge who partially blocked the potentially unconstitutional edict before it could take effect.
Senate GOP forges ahead with Trump’s budget pick amid funding freeze uproar
Senate Republicans who care about Congress’ spending authority aren’t going to oppose Russ Vought’s nomination to lead OMB as Democrats accuse the White House of curtailing lawmakers’ powers.
Trump White House reverses course, rescinds freeze on federal grants
The original White House order freezing federal grants, which became public on Monday, caused mass chaos and confusion across Washington, appearing to imperil government programs
Trump Reverses Spending Freeze Order That Sparked Chaos
President Donald Trump rescinded an order freezing an array of federal grants, loans and financial assistance — a dramatic reversal after days of uncertainty and anxiety rocked governments and nonprofit organizations.
Trump rescinds spending freeze on federal assistance
The Trump administration on Wednesday rescinded its sweeping freeze of federal assistance, which roiled Washington and caused widespread confusion about which programs were affected by the move, according to a copy of the memo obtained by POLITICO.
Bloomberg to Fund UN Climate Body After Trump Exits Paris Deal
Michael Bloomberg’s philanthropic organization and others are stepping in to maintain US contributions to the agency tasked with implementing the Paris Agreement.
The Fed is likely to hold interest rates steady as Trump calls for cuts
This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President ...