In this episode of Cherry Bekaert’s Government & Public Sector podcast, host Kat Kizior, Cherry Bekaert’s Grants Management Solutions Lead, and GovNavigators’ CEO Robert Shea, walk through the sequence of events following the Office of Management and Budget's (OMB) memo issued Monday, January 27, 2025.
The memo instructed all agencies to temporarily halt "all activities related to the obligation or disbursement of all Federal financial assistance." The OMB then released a Q&A on the following Tuesday, clarifying that the initial memo was meant to affect a specific set of programs identified by certain executive orders. By Wednesday, January 29, 2025, the OMB completely rescinded the original memo.
However, because the White House press secretary indicated the pause was still ongoing, a judge issued a temporary restraining order to halt it. For a detailed look at the scrutinized programs, with embedded links to relevant documents, view this spreadsheet sourced from the federal program inventory.
This episode explores:
- The developments following the announcement of the federal assistance funding pause
- The potential impact of new executive orders on current and future funding
- Insights into the executive office’s authority to terminate grants and the rights of organizations reliant on federal funding
- What organizations receiving federal funding can anticipate next
- Essential activities your organization should undertake in the short and long term to mitigate the risk of federal fund termination
Cherry Bekaert’s Grant Lifecycle Management team manages grants end-to-end, bridging the service gap to improve internal controls and staff success to help your organization maximize every opportunity. If you have any questions specific to your business needs, Cherry Bekaert’s Government & Public Sector team is available to discuss your situation.
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