White House withholding $289 million of small business loans
The Trump administration is withholding $289 million appropriated by Congress for loans to small businesses. The elimination came through an executive order last year, with President Trump saying the program was "woke" and promoted "gender extremism" and "climate radicalism."…
The Trump administration is withholding $289 million appropriated by Congress for loans to small businesses. The elimination came through an executive order last year, with President Trump saying the program was "woke" and promoted "gender extremism" and "climate radicalism."…
BELLINGS Intelligence Score: 35
Why it matters
The White House withholding $289 million in small business loans is a notable political and fiscal decision that could affect credit availability for small businesses, but it is a targeted action with limited systemic impact and no immediate market disruption.
Sources
NBC News Business
White House withholding $289 million of small business loans
The Trump administration is withholding $289 million appropriated by Congress for loans to small businesses. The elimination came through an executive order last year, with President Trump saying the program was "woke" and promoted "gender extremism" and "climate radicalism."…