The Trump administration reversed a controversial memo that froze most federal grants and loans, NBC News reports.
🚨🚨 The White House is RESCINDING the memo that took effect yesterday on the federal aid freeze.
— Sahil Kapur (@sahilkapur) January 29, 2025
Story tk w/ @PeterAlexander @kate_santaliz. Memo below. pic.twitter.com/nUxWFDxwzs
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This reversal came just a day after the initial freeze was implemented, following significant criticism from various quarters. The decision to rescind the freeze highlights the administration’s responsiveness to feedback and the complexities involved in federal financial policies.
MORE INFO: What Trump’s funding freeze could mean for universities, nonprofits and more
NBC News contributed to this report. For more information, read their article here.
