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Ranking Member Markey Condemns Trump's Order to Freeze Federal Grants and Loans

Summary

Short statement dated January 28, 2025 from Ranking Member Edward J. Markey (D-Mass.) of the Small Business and Entrepreneurship Committee, responding to President Donald Trump's federal funding freeze. Markey says cutting off federal assistance removes certainty for small businesses that rely on federal resources to compete. He says it is unfair to them and their workers and does not help the economy of cities and towns that depend on small businesses. He also asserts the president's goal is to shut down government piece by piece. The statement gives no figures or program details.

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“Ranking Member Markey Condemns Trump's Order to Freeze Federal Grants and Loans.” Original at www.sbc.senate.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/committee-aaaf0baec9fc8e0c/, SHA-256 e7bb2cd7c5f70b2d9787afaf571c289d692764f84b30f5fced2c4ffe4adb09ac.

Full text

Title: Ranking Member Markey Condemns Trump's Order to Freeze Federal Grants and Loans
Date: 2025-01-28

Ranking Member Markey Condemns Trump's Order to Freeze Federal Grants and Loans

January 28, 2025

Washington (January 28) – Small Business and Entrepreneurship Committee Ranking Member Edward J. Markey (D-Mass.) released the following statement in response to President Donald Trump’s federal funding freeze.

 “Donald Trump wants to take away certainty for small businesses, while helping right the system for his Billionaire Boys Club. By cutting off federal assistance, Trump is driving fear into small businesses who count on federal resources to help them compete. This isn’t fair to them, it isn’t fair to their workers, and it certainly isn’t helping the economy of our cities and towns that rely on small businesses. Trump’s goal is to shut down government piece by piece and every opportunity available for everyday people to get ahead,” said Ranking Member Markey.

Permalink: https://www.sbc.senate.gov/public/index.cfm/2025/1/ranking-member-markey-condemns-trump-s-order-to-freeze-federal-grants-and-loans

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