DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Trump Admin Pulls $5.5M from Minnesota Small Businesses
Trump Admin Pulls $5.5M from Minnesota Small Businesses

Trump Admin Pulls $5.5M from Minnesota Small Businesses

Update: 2025-12-23
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Trump Administration Cuts $5.5M in Small Business Funding to Minnesota Amid Fraud AllegationsThe Trump administration has halted $5.5 million in annual small business funding to Minnesota due to alleged fraud with government loans. The U.S. Small Business Administration announced the move on social media, citing ongoing investigations. This decision aligns with a pattern of the federal government withholding funds from Democrat-led states and cities. Republicans have intensified probes into COVID-era loan fraud in Minnesota, with President Trump criticizing Governor Tim Walz for mishandling funds. The controversy centers around the nonprofit Feeding Our Future, involved in the largest pandemic relief fraud case in U.S. history. Investigations are ongoing, leaving Minnesotas small businesses in uncertainty as political blame games escalate.

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Trump Admin Pulls $5.5M from Minnesota Small Businesses

Trump Admin Pulls $5.5M from Minnesota Small Businesses