Trump’s war on woke leaves almost $300 million in small-business loans in limbo

Catch up with NBC News Clone on today's hot topic: Trumps War Woke Leaves Almost 300 Million Small Business Loans Limbo Rcna593105 - Business and Economy | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

Congress appropriated funds to help America’s small businesses. The administration won’t release the money.

Aug. 20, 2026, 7:01 AM EDT

By Gretchen Morgenson

Small businesses already strained by tariffs, higher prices and interest rates have lost access to a crucial lifeline: The Trump administration is withholding $289 million Congress appropriated for loans to Main Street.

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