Sentiment Score: 30 | Trump's plan to cut foreign aid may negatively impact remittance flows to countries reliant on US assistance. | Trump's 2025 Remittance Analysis

The House of Representatives is NOW voting on my Administration’s first “Rescissions” Bill. It will OFFICALLY “claw back” $9.4 BILLION DOLLARS in funding for wasteful Foreign Aid, used for Radical “DEI” and the Green New SCAM, and the “Corporation for Public Broadcasting,” which funds the highly biased NPR and PBS. For decades, Republicans have promised to cut NPR, but have never done it, until now. NPR and PBS are a Radical Left Disaster, and 1000% against the Republican Party! These Rescissions, along with “THE ONE, BIG, BEAUTIFUL BILL,” our highly successful Tariffs, Mass Deportations of Illegal Aliens, and our Strong Economy, will finally CUT the Deficit, and help balance our Budget. The Rescissions Bill is a NO BRAINER, and every single Republican in Congress should vote, “YES.” MAKE AMERICA GREAT AGAIN!

The proposed 'Rescissions' Bill aims to cut $9.4 billion in foreign aid, which could have significant implications for remittance flows. Historically, Trump's stance on reducing foreign aid has led to market volatility, particularly in emerging economies that rely heavily on US assistance. A reduction in foreign aid could lead to decreased economic activity in these countries, resulting in lower remittance inflows. Furthermore, Trump's emphasis on 'America First' policies may lead to increased regulatory scrutiny on remittance services, potentially increasing costs and reducing access to these services for individuals in affected countries. Overall, the proposed bill is likely to have a negative impact on the remittance industry, particularly for companies operating in countries that rely heavily on US foreign aid.