OMB proposes new restrictions on CRA grants to nonprofits, with the Office of the Comptroller of the Currency commenting on the guidance.
1 report, 1 independent
Updated Aug 7
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What happened
OMB proposes new restrictions on CRA grants to nonprofits, with the Office of the Comptroller of the Currency commenting on the guidance.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Office of Management and Budget (OMB) proposed rule changes to federal grantmaking guidance.Also in this story
- The Office of Management and Budget proposes changes to federal funding policies affecting the National Institutes of Health.
- Vought testified regarding the OMB rule proposal, which was made under the Trump administration and aligns with Supreme Court rulings.
- Judge Indira Talwani blocked the Office of Management and Budget from using the grant termination clause.
- The Governors Coalition objected to the proposed rule change regarding federal grants by the Office of Management and Budget.
The entities involved
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Office of Management and Budget
agency that prepares and evaluates the President of the United States' annual budget to Congress
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Office of the Comptroller of the Currency
American federal government organization
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- Banks