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The Trump administration has issued multiple executive orders that have significant implications for federal contractors and grant recipients. The orders aim to eliminate what the administration considers to be illegal DEI policies, slow down regulatory initiatives, and reduce the federal government. While the full impact of these actions will not be clear for several months, we will likely see a significant reduction in the federal budget due, at least in part, to the termination of contracts and grants. In this comment, attorneys from Bass Berry & Sims explore how these changes may affect current and future awards, shift obligations, and potential liabilities.
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