Treasury Sought to Freeze Foreign Aid Payments, Emails Show
Trump administration appointees and allies of Elon Musk wanted to use the Treasury’s sensitive payment system to block payments.
Read more at The New York Times
-
Trump’s Foreign Aid Freeze Leaves Millions Without HIV Treatment
President Trump’s pause on aid, and the gutting of the primary aid agency, could jeopardize the health of more than 20 million people worldwide, including 500,000 children, experts say.The New York Times - 16h -
Senate Democrats revolt against Trump in fallout from foreign aid freeze
Senate Democrats are starting to revolt against President Trump’s agenda on Capitol Hill amid fallout from an initial freeze on all foreign assistance, warning Republicans that failure to work ...The Hill - 6d -
Trump’s foreign aid freeze sparks global funding crisis
Dramatic repercussions have exposed reach of US assistance and soft power tools disparaged by the presidentFinancial Times - Jan. 30 -
Chaos and uncertainty swirl around Trump's foreign aid freeze
President Trump’s decision to clean house at the U.S. Agency for International Development (USAID) and initially freeze all foreign assistance is fueling chaos and uncertainty in Washington and ...The Hill - Jan. 30 -
Foreign aid freeze leads to USAID staff suspensions, contractor terminations
Approximately 60 senior staff within USAID have been suspended, leaving the agency without clear leadership, five sources familiar with the internal action told CBS News.CBS News - Jan. 28 -
GOP Rep. Bacon says foreign aid freeze 'needs to be temporary'
Rep. Don Bacon (R-Neb.) said on Tuesday that he hopes President Trump’s pause on foreign aid is temporary. In an interview on CNN’s “State of the Union,” Bacon stressed the importance of U.S. ...The Hill - Jan. 28 -
States lose access to Medicaid payment portal amid Trump federal aid freeze
State Medicaid programs across the country are reporting they've lost access to federal payment portals one day after President Trump announced a freeze on federal grants and aid. On Monday, acting ...The Hill - Jan. 28 -
US officials push to exempt Ukraine from Rubio’s foreign aid freeze
Support for schools, hospitals and economic development in Ukraine at risk from Trump administration’s orderFinancial Times - Jan. 25 -
Rubio orders freeze of new funding for nearly all U.S. foreign aid programs
The secretary of state's order made exceptions for military aid to Israel and Egypt.CBS News - Jan. 24
More from The New York Times
-
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.The New York Times - 18h -
Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.The New York Times - 18h -
How Trump Scrapping the De Minimis Rule Could Affect Consumers and Retailers
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, to enter the United States without facing taxes.The New York Times - 17h -
USPS Reverses Decision to Halt Parcel Service From China
The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive order requiring greater inspection of packages.The New York Times - 15h -
F.C.C. Releases CBS ’60 Minutes’ Interview With Kamala Harris
The complete interview, which is at the center of a lawsuit filed by President Trump, shows that “60 Minutes” aired a concise version of Ms. Harris’s answer on Israel.The New York Times - 15h
More in Business
-
Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.CNBC - 4m -
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital-raising goal after it went on a buying spree last quarter.CNBC - 4m -
Bank of England trims interest rates amid weaker growth outlook, signals further rate cuts
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.CNBC - 9m -
D.C. Lawmakers Take Aim at DeepSeek
Lawmakers are said to be working on a bill to block the Chinese chatbot app from government devices, underscoring concerns about the artificial intelligence race.The New York Times - 13m -
Documentarian Alex Gibney Teams Up With a Google Billionaire
The Oscar-winning filmmaker Alex Gibney has sold a majority stake in his Jigsaw Productions to the philanthropist Wendy Schmidt.The New York Times - 13m