Relevant text: " In one scenario, the memo stated, awards could be ended “for non-alignment with agency priorities” after October 1, when new government-wide regulations from the Office of Management and Budget take effect."
"The legal risk would be “low to medium,” according to the June 25 guidance, which was first reported by Stat and later obtained by The Chronicle."
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Our advice? If you are a grantee and have questions, ask to have a phone call with your PO. They are the person best suited to help you navigate this (though we're weathering choppy waters, too.) Our job is to help support science and scientists- not politically-motivated ideology.