Trump Admin Rolling Back Pause on Federal Financial Assistance; Situation Still Unclear
In what appears to be a reversal of the previous order, The US Office of Management and Budget (OMB) issued further guidance on the federal pause of financial assistance. OMB clarified that this pause is NOT an across-the-board pause for all grant and loan programs. The Trump Administration is requesting a pause on programs inconsistent with the President's other Executive Orders (EOs):
Protecting the American People Against Invasion
Reevaluating and Realigning United States Foreign Aid
Putting America First in International Environmental Agreements
Unleashing American Energy
Ending Radical and Wasteful Government DEI Programs and Preferencing
Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government
Enforcing the Hyde Amendment
It is still widely unclear which grant programs will or will not be affected by this based on the above. However, this updated guidance states that agencies will be able to work with OMB to quickly determine whether a program is inconsistent with these EOs or not. Many programs are already approved and they state that other disruptions should be short.
Most importantly, any payment required by law to be paid will be paid without interruption or delay. Read the full updated guidance here. We still recommend prioritizing federal financial drawdowns, award management, and future federal grant applications.
The Aubrey Group will continue to monitor this situation and provide more updates as necessary. We would also like to thank New Jersey's elected leaders across the State who sprang into action for this.
Please contact us if you require additional assistance. You can reach out to Connor Schmiegel at cschmiegel@theaubreygroup.org / 856-535-1009 with any questions or concerns.
