President Donald Trump is threatening to withhold or revoke federal funding to local and state governments that offer cashless bail.

"This is a waste of public resources and a threat to public safety," the president said of the bail reform policy on Monday.

WASHINGTON — President Donald Trump signed executive orders Monday aimed at eliminating cashless bail for suspects arrested in Washington, D.C., and in other jurisdictions around the country with similar policies, according to fact sheets describing the executive orders the White House provided to NBC News.