The White House. Credit: Matthew/Adobe Stock
NCUA officials were still trying to figure out Tuesday how much President Donald Trump’s unilateral freeze on federal grants would hurt credit unions.
Meanwhile, Democrats declared Trump’s order an unconstitutional infringement on the power of Congress to control spending. Trump released the Executive Order (EO) Monday in a two-page memo made available by The New York Times. At least seven states planned to contest it in court and as of Tuesday evening, a Federal judge ordered a temporary pause of Trump's EO until Monday at 5 p.m. EST.
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