1) I have had colleagues get grants cancelled doing basic research (e.g. computer security), no explanation, no DEI, can't get anyone at the NSF to answer questions why.
2) if you don't like the process, change the process. But have a democratically determined process. This is political fiat and the plan is to set up political thought police boards that control final funding decisions based on what the president personally likes.
3) if you like "basic research" and "important research", you must vehemently oppose what is being done to the NIH and NSF. Top researchers are already looking to flee the country, Canada and Europe are offering very nice incentive packages. In weeks, USA went from attracting the best talent around the world, to being radioactive for international researchers. Budgets slashed, the pipeline is being decimated.
4) the point is to crush universities, because that is where dissent is largest, damage to science and research is considered an acceptable side effect.
5) and driving a wedge - in this case "woke" and "DEI" - is exactly how trump and goons get average people to consent, or even support, this decimating of our research apparatus.