Trump administration orders pause on all federal grants and loans

The transcript discusses a temporary freeze on federal grants and loans, effective at 5:00 PM, to ensure funds align with legal and presidential priorities. This impacts various projects, including those under the Inflation Reduction Act and infrastructure bill, but exempts Social Security and Medicare. Democrats, led by Chuck Schumer, criticize the move as chaotic and unlawful. Further details and a live report are promised on Morning RUSH.

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