Trump continues his crackdown on illegal immigration and takes executive action on federal aid and DEI initiatives.

The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.

Stephanie Kelton, Professor of Economics and Public Policy, Stony Brook University. The federal grant freeze will hurt universities and research institutes, both public and private. This, in turn, will result in the temporary layoff or permanent loss of a significant number of middle class jobs in communities throughout the country.