Market
What will be the Trump administration's next major federal funding policy change by the end of 2025?
2
Resolution / Starting Odds
Increase in federal funding • 25%
Decrease in federal funding • 25%
No change in federal funding • 25%
Temporary freeze on federal funding • 25%
Official announcements from the White House or the Office of Management and Budget
Story
Trump Administration Rescinds One-Day Federal Funding Freeze After Backlash
Jan 29, 2025, 06:05 PM
The White House Office of Management and Budget (OMB) has rescinded a memo that had ordered a temporary pause on federal funding, including grants, loans, and other financial assistance programs. This decision reverses a directive issued by the Trump administration, which had sparked widespread confusion and backlash across the country. The original memo, which was in effect for just one day, was halted by a federal district judge before its rescission. The move to rescind the memo came after significant political uproar and confusion among recipients of federal grants, highlighting tensions over the Trump administration's approach to federal spending.
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