The NIH has caught up with its grantmaking activities after delays earlier in the year and is now on track to spend nearly its entire $47 billion budget by September 30, with recent activity bringing it close to the annual spending pace of previous years.
President Trump issued an executive order to centralize control over federal research grants, giving political appointees unprecedented authority to decide funding priorities, potentially impacting the operation of American science and likely facing legal challenges.
George Soros has given control of his $25 billion grantmaking network to his son, Alex Soros, who will continue his father's philanthropic work and investment strategies.