WASHINGTON, July 13 -- Sen. Chris Coons issued the following press release:
U.S. Senators Chris Coons (D-Del.), John Hickenlooper (D-Colo.), and 9 of their colleagues called on White House Office of Management and Budget (OMB) Director Russ Vought in a new letter to reverse a proposed rule, broadly titled "Regulation for Federal Financial Assistance (https://www.federalregister.gov/documents/2026/05/29/2026-10817/regulation-for-federal-financial-assistance)," that negatively affects how nearly all federal agencies administer grants and financial agreements. The OMB's rule change grants the White House political control over how awards are administered, further enabling corruption, undermining U.S. scientific investments and competitiveness...