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The Trump administration puts frozen in federal grants and loans waiting for review

The Trump administration puts frozen in federal grants and loans waiting for review

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The Trump administration makes frozen subsidies and federal loans waiting for review – CBS News

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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.

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