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The White House has reportedly issued a memo that broadly suspends federal grants, loans and other financial assistance programs for executive departments pending an assessment of the funding.
The Wall Street Journal first reported the memo, saying it was sent out by the Office of Management and Budget around 5 p.m. on Monday.
The memo, which takes effect Tuesday at 5 p.m., said agencies "must temporarily pause all activities related to obligation or disbursement of all Federal financial assistance, and other relevant agency activities that may...
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