Macro Finance
White House withholding $289 million of small business loans
NBC Business·August 26, 2026·1 min read
The Trump administration is withholding $289 million appropriated by Congress for small business loans. The elimination came through an executive order last year, with President Trump calling the program 'woke' and claiming it promoted 'gender extremism' and 'climate radicalism.' NBC News reporter Gretchen Morgenson details the pause's impact on Main Street.
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