The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week. “OMB Memorandum M-25-13 is rescinded.

The White House is claiming the Wednesday move by the Office of Management and Budget (OMB) rescinding a controversial order that froze a wide swath of federal financial assistance is not actually ...

The White House has ordered a pause in federal grants and loans starting Tuesday afternoon, as the administration of President Donald Trump reviews whether potentially trillions of dollars in ...

The White House's controversial federal grants and loans freeze appears to be over. A memo sent by Matthew J. Vaeth at the Office of Management and Budget on Wednesday, January 29, and addressed ...

A federal judge said Wednesday he intends to issue a new block on President Donald Trump’s effort to freeze an enormous swath of federal spending, citing the White House’s contradictory ...

White House Press Secretary Karoline Leavitt answered questions about the Trump administration’s decision to suspend federal aid to several assistance programs. Photo: Roberto Schmidt/AFP/Getty ...

The move -- made in an order from White House's Office of Management and Budget -- sparked instant alarm and confusion, as well as a flurry of lawsuits before a judge issued a temporary injunction.

UPDATE (Jan. 29, 2025, 1:07 p.m. ET): The White House on Wednesday rescinded its budget memo freezing federal grants and loans two days after it was issued amid widespread confusion over its impact.

The White House budget office on Wednesday rescinded a controversial order that froze a wide swath of federal financial assistance, which had paralyzed many federal programs and caused a huge ...