Trump administration puts freeze on federal grants and loans pending review
The Trump administration ordered a sweeping freeze on all federal grants, loans and other financial aid, according to a memo issued on Monday. The temporary pause, which goes into effect at 5 p.m. Tuesday, could potentially amount to trillions in federal spending. CBS News' chief White House correspondent Nancy Cordes has more details.
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The Trump administration ordered a sweeping freeze on all federal grants, loans and other financial aid, according to a memo issued on Monday. The temporary pause, which goes into effect at 5 p.m. Tuesday, could potentially amount to trillions in federal spending. CBS News' chief White House correspondent Nancy Cordes has more details.
