Trump unleashed chaos by freezing and unfreezing $3tn in federal grants and loans. Why? | Robert Reich

These new initiatives are not about shrinking the size of the federal government. They're about centralizing control in Trump's hands

Chaos on a huge scale.

On Wednesday, Trump rescinded an order he had made late on Monday night that froze up to $3tn in federal grants and loans.

Robert Reich, a former US secretary of labor, is a professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His newest book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com