The Trump Administration has announced that it intends to slash 90% of USAID's foreign aid contracts, which would eliminate $60 billion in U.S. humanitarian assistance across the world, The Associated Press reported.

Pete Marocco, deputy administrator-designate at the U.S. Agency for International Development, will meet with members of Congress on Wednesday to discuss foreign assistance, two sources familiar with the plan said on Monday.

The Trump administration's announcement follows a 90-day review period initiated in January, during which all projects funded by U.S. taxpayer money were evaluated to ensure align