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01/29/2025

TREASURER ERICK RUSSELL STATEMENT ON WHITE HOUSE DECISION TO RESCIND MEMO ORDERING FREEZE OF FEDERAL AID

HARTFORD, ConnecticutState Treasurer Erick Russell today released the following statement regarding today’s decision by the White House budget office to rescind a memo ordering a freeze on federal grants and loans:

 “Yesterday, tens of thousands of Connecticut families were needlessly jarred by the threat of losing their healthcare, childcare, jobs, and livelihoods because of a reckless, unlawful abuse of executive power. Fortunately, our democratic institutions stood up. Our state and congressional leaders loudly objected to a clear violation of the separation of powers, and our Attorney General, joined by his peers and nonprofit leaders, petitioned the courts and won an injunction. Most importantly, millions of Americans raised their voices in protest. As we anticipate further efforts to overreach and create chaos, we will continue to work with our state and federal leadership to safeguard the interest of Connecticut residents and the state’s economy.”


Contact:Brett Cody
brett.cody@ct.gov | (959) 529-2468