Trump administration rescinds memo on federal funding freeze for grants, loans

The transcript discusses the reversal of a federal funding freeze memo by the Trump administration. Initially, the memo aimed to pause financial aid to review compliance with executive orders, causing confusion and legal challenges. The White House rescinded the memo to clarify federal policy, despite maintaining the executive orders. Legal and political figures reacted, with some expressing relief and others continuing legal action, believing the memo was unconstitutional. A court hearing is scheduled to address these issues.

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