Trump Administration Federal Grant Oversight Shifts to Private Equity Playbook in Cost-Cutting Blitz
The Trump administration is overhauling its approach to federal grant oversight, instituting a private equity-style performance audit on all single-year fiscal handouts exceeding $25 million, with repayments now required if outcome targets are missed. This marks the first time the White House has employed clawback provisions as standard language in grant agreements, potentially disrupting funding flows for infrastructure, healthcare, and education.