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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.

Β© Stefani Reynolds for The New York Times

Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.

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.

Β© Stefani Reynolds for The New York Times

Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.
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