The Trump administration is preparing to cancel a large swath of federal funding to California, an effort which could begin as soon as Friday, according to multiple sources.

California officials on Friday braced for what they believe is a significant escalation in President Donald Trump‘s efforts to squeeze the state financially, possibly cutting off all federal funding to the University of California and the California State University systems.

Gov. Gavin Newsom wasn't playing nice late Friday when he fired back at President Donald Trump's threats of taking away federal funding for California. CNN first reported that the Trump administration plans on pulling back large chunks of federal spending in California,