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The Daily

Trump Freezes Trillions. Chaos Ensues.

The Daily

The New York Times

Daily News, News

4.4102.1K Ratings

🗓️ 29 January 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

In one of his most audacious moves since taking office, President Trump ordered a freeze on Tuesday on trillions of dollars in federal money — from anti-poverty programs to foreign aid — in order to purge the government of what he called woke ideology. Michael D. Shear, a White House correspondent for The New York Times, discusses the order, the chaos it prompted and whether it is likely to survive in court. Guests: Michael D. Shear, a White House correspondent for The New York Times.

Transcript

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0:00.0

From the New York Times, I'm Sabrina Tavernisi, and this is the Daily.

0:13.6

This week, President Donald Trump made one of the most audacious moves since he took office, freezing trillions of dollars in federal money,

0:21.6

everything from anti-poverty programs to foreign aid, in order to purge the government of what he called woke ideology.

0:30.6

Today, my colleague White House reporter Mike Shear, on that order, the chaos that it prompted, and whether it is likely to survive

0:40.1

in court.

0:59.9

It's Wednesday, January 29th.

1:09.1

So, Mike, President Trump has done something pretty remarkable.

1:12.0

All of Washington, where you are right now, is talking about it. I'm wondering if you can lay out for listeners exactly what he did and what's unfolded

1:19.1

in the day since. Right. It really was remarkable. Essentially, late in the day on Monday,

1:25.3

President Trump's Budget Office, which is called the Office of Management and Budget, it reports directly to the president.

1:30.9

They put out a memo, a really short memo. It was just two pages, but it essentially exploded in Washington the minute it went out.

1:38.0

Because what it did was it said that every single federal program that involves the delivery of money in the form of a grant

1:48.6

or in the form of a loan to any organization, any entity across the country had to be paused.

1:58.2

And I'm just going to read directly from the memo, and it said,

2:02.5

the use of federal resources to advance Marxist equity, transgenderism, and Green New Deal

2:09.2

social engineering policies is a waste of taxpayer dollars that does not improve the day-to-day

2:15.1

lives of those we serve. It said that all of the agencies

2:18.5

had to pause the funds while they reviewed whether the programs in question, the loans and

2:23.5

the grants, were, quote, consistent with the president's policies. Okay, so basically the memo is

2:29.9

saying all these federal funds go out to all of these programs all over the country,

2:34.9

they need to be put on hold to make sure that none of them are actually at odds with the

2:41.1

administration's agenda. That's right. And this is a lot of money, according to the

...

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