Judge blocks Trump's freeze on federal assistance

A U.S. federal district judge has temporarily blocked the Trump administration's plan to freeze all federal assistance.

Judge Loren AliKhan on Tuesday local time issued an order to pause the plan until 5 PM on February 3rd after a lawsuit was filed earlier in the day by a coalition of nonprofit organizations that receive federal funds.

The Trump administration on Monday night announced an abrupt halt on federal loans and grants while it conducts a review to ensure that the spending is in compliance with recent executive actions.

While the memo did not detail the specific programs that would be affected, it is unlikely that South Korean companies with existing subsidy and loan contracts with the U.S. government will be impacted.