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flag President Trump orders review of federal contracts and grants to curb wasteful spending.

flag In February 2025, President Trump issued an executive order aimed at increasing efficiency and transparency in federal spending on contracts and grants. flag The order requires federal agencies to review and potentially terminate contracts and grants deemed wasteful, focusing on those with educational institutions and foreign entities. flag Exempt from review are direct assistance to individuals, law enforcement, military, and other critical areas. flag The order mandates the creation of a centralized system to track payments and justify each expense publicly. flag This move is expected to enhance oversight but may slow procurement processes.

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