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    White House withholding $289 million of small business loans

    1 hour ago

    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 reports on the reasons for the pause and how damaging the move could be for Main Street. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast » NBC News App: https://apps.nbcnews.com/mobile » Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 » Visit NBCNews.Com: http://nbcnews.to/ReadNBC » Find NBC News on Facebook: http://nbcnews.to/LikeNBC » Follow NBC News on Twitter: http://nbcnews.to/FollowNBC » Follow NBC News on Instagram: http://nbcnews.to/InstaNBC #news #politics #smallbusiness
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