White House withholding $289 million of small business loans
NBC News
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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.
" NBC News senior financial reporter Gretchen Morgenson details the reasons for the pause and how damaging the move could be for Main Street.
This is a summary. For the full story, read the original article at NBC News.
Original source: NBC News