February 22, 2025

Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good?

 Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good?

Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good?

Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.

Brad Plumer and Nicholas Nehamas