home All News open_in_new Full Article

Trump unleashed chaos by freezing and unfreezing $3tn in federal grants and loans. Why? | Robert Reich

These new initiatives are not about shrinking the size of the federal government. They’re about centralizing control in Trump’s handsChaos on a huge scale.On Wednesday, Trump rescinded an order he had made late on Monday night that froze up to $3tn in federal grants and loans.Robert Reich, a former US secretary of labor, is a professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His newest book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com Continue reading...



The main idea of Robert Reich's article is that Donald Trump's actions of freezing and then unfreezing trillions of dollars in federal grants and loans were not about responsible governance, but about consolidating power and control in his own hands. Reich argues that Trump's actions, which caused widespread confusion and disruption, demonstrate a desire to centralize decision-making authority and potentially manipulate federal funding for political purposes. The swift legal challenges and condemnation from Democratic attorneys general highlight the serious implications of Trump's power grab and the potential threat it poses to democratic institutions.

today 18 hours ago attach_file Politics
attach_file Politics
attach_file Society
attach_file Economics
attach_file Sport
attach_file Events
attach_file Science
attach_file Politics
attach_file Society
attach_file Economics
attach_file Sport
attach_file Events
attach_file Politics
attach_file Society
attach_file Economics
attach_file Sport
attach_file Events
attach_file Politics
attach_file Economics
attach_file Sport
attach_file Events
attach_file Politics
attach_file Economics
attach_file Sport
attach_file Events
attach_file Politics
attach_file Sport
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events
attach_file Politics
attach_file Events


ID: 23207398
Add Watch Country

arrow_drop_down