Latest news with #federalfunds
Washington Post
9 hours ago
- Business
- Washington Post
DOGE loses control over government grants website, freeing up billions
The U.S. DOGE Service has lost the power to control the government's process for awarding billions of dollars in federal funds, the latest sign of the team's declining influence following Elon Musk's high-profile exit from Washington, according to two people familiar with the situation and emails obtained by The Washington Post.
Bloomberg
16-06-2025
- Politics
- Bloomberg
US Defeats Teachers Unions' Lawsuit to Restore Columbia Funding
The Trump administration won dismissal of a lawsuit by two unions seeking to stop the withholding of $400 million in federal funds from Columbia University, saying the groups didn't have the legal right to challenge the decision. The American Association of University Professors and the American Federation of Teachers filed the lawsuit in response to US Education Secretary Linda McMahon's announcement that the administration was pulling grants and contracts from the school following a series of pro-Palestinian protests on campus.
New York Times
04-06-2025
- Business
- New York Times
Trump Asks Congress to Claw Back $9 Billion for Foreign Aid, NPR and PBS
The White House formally asked Congress on Tuesday to claw back more than $9 billion in federal funds that lawmakers had already approved for foreign aid and public broadcasting, seeking to codify spending cuts put forward by Elon Musk's Department of Government Efficiency. In a package compiled by the Office of Management and Budget, officials outlined 22 programs targeted by President Trump in executive orders and by DOGE. The bulk of the rollbacks — $8.3 billion — are aimed at foreign aid spending. The rest — $1.1 billion — would rescind funding for the Corporation for Public Broadcasting, which funds NPR and PBS. The proposal comes as the White House has aggressively challenged Congress's power of the purse and made clear it is willing to steer around the legislative branch to unilaterally control federal spending. In this case, though, the administration is going through normal channels and asking Congress to go along with its efforts to redirect federal money. Lawmakers can approve such a measure by a simple majority vote in both chambers. Republican lawmakers have argued that it is important for Congress to codify spending cuts that were already enacted by the Trump administration by executive order. 'This rescissions package reflects many of DOGE's findings and is one of the many legislative tools Republicans are using to restore fiscal sanity,' Speaker Mike Johnson said on Tuesday. 'Congress will continue working closely with the White House to codify these recommendations, and the House will bring the package to the floor as quickly as possible.' The last time the Trump administration asked lawmakers to pull back federal funds they had already approved, during Mr. Trump's first term, the effort failed after two Republican senators joined Democrats to defeat what had been a largely symbolic effort. Want all of The Times? Subscribe.
Wall Street Journal
29-05-2025
- Business
- Wall Street Journal
Live Q&A: Trump Takes on Harvard—Ask WSJ Your Questions
President Trump has taken on Harvard University, the oldest and one of the most prestigious universities in the country. His latest broadside seeks to end federal contracts with the school. His administration has pulled billions in federal funds from the university, threatened its tax-exempt status and is trying to block the school from enrolling international students.
Bloomberg
27-05-2025
- Business
- Bloomberg
NY Wins Bid to Stop US From Withholding Funds Over Congestion
By and Michelle Kaske Save New York won a temporary freeze on potential Trump administration moves to withhold federal approvals or funds for the state's transportation projects, as the president tries to end Manhattan's congestion pricing program. The administration has threatened to hold back the funds and permissions unless New York stops charging tolls to drive into the borough's heavy-traffic zone. US District Judge Lewis Liman on Tuesday granted a request by the Metropolitan Transportation Authority for a court order barring such efforts by the government for now.
