The Brief
The Corporation for Public Broadcasting announced it will be winding down operations.
The CPB finances programs such as NPR and PBS.
The decision came following Congress' vote to cut nearly $1.1 billion in federal funding.
The Corporation for Public Broadcasting on Friday said it will begin winding down operations following Congress' vote to cut nearly $1.1 billion in federal funding.
What they're saying:
"Despite the extraordinary efforts of millions of Americans who called, wrote, and petitioned Congress to preserve federal funding for CPB, we now face the difficult reality of closing our operations," said CPB President and CEO Patricia Harrison. "CPB remains committed to fulfilling its fiduciary responsibilities and supporting our partners through this transition wi