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Former President Donald Trump announced he is abandoning a proposed $1.8 billion fund. The initiative had sparked criticism from lawmakers and watchdog groups. Critics argued the Former President Donald Trump announced he is abandoning a proposed $1.8 billion fund. The
initiative had sparked criticism from lawmakers and watchdog groups. Critics argued the fund would channel public money to Trump’s political allies. Opponents said the scheme amounted to a patronage program using taxpayer dollars. Supporters of the plan claimed it
would promote economic development in targeted areas. After the backlash, Trump’s team said the proposal would be re‑evaluated. The decision halts any immediate disbursement of the earmarked funds. Future proposals may face tighter congressional scrutiny before approval.