@jtr Here's a quick summary for a few things I'm aware of:

• Trump executive order barring NSF grants from anything DEI-related
• the NSF initially froze its "in progress" grant reviews to ensure compliance with Trump's executive orders
• Now, the NSF is flagging existing grants that were identified by NSF or congressional committee as DEI-related. These flagged grants are candidates for getting their funding yanked
• Meanwhile, NIH put a cap of 15% on indirect expenses for both new and existing grants. for most modern research universities, this is way too low of a number and is expected to be quite disruptive.