The Corporation for Public Broadcasting announced Friday that it will begin shutting down, weeks after Congress canceled previously approved funding for the nation's steward of public media access.

The Corporation for Public Broadcasting (CPB) announced on July 31 that it would start shutting down its operations following the current administration rescinding $1.1 billion in funding for the nonprofit. The CPB has helped keep NPR, PBS and many local public media stations alive over the past few decades. So, what does this mean for NPR and PBS?

The Corporation for Public Broadcasting says it will wind down its operations after the Trump administration and Congress slashed its funding. The organization funds PBS and NPR, as well as more than 1,500 local TV and radio stations.