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White House withholding $289 million of small business loans
This version of White House Withholding 289 Million Of Small Business Loans 268893253778 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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The Trump administration is withholding $289 million appropriated by Congress for loans to small businesses. The elimination came through an executive order last year, with President Trump saying the program was "woke" and promoted "gender extremism" and "climate radicalism." NBC News senior financial reporter Gretchen Morgenson details the reasons for the pause and how damaging the move could be for Main Street.Aug. 26, 2026