Officials said the decision to halt loans and grants was necessary to ensure spending complies with recent executive orders.

The Trump administration has put a hold on all federal financial grants and loans, affecting tens of billions of dollars in payments.

The White House on Wednesday issued a memo to federal employees scrapping its original memorandum, according to a document viewed by The Wall Street Journal. Matthew J. Vaeth, the

The Trump administration ordered a temporary pause on federal grants, loans and financial assistance. What we know so far about the order.

The White House budget office on Wednesday rescinded an order freezing federal grants, according to a copy of a new memo obtained by The Washington Post, after the administration’s move to halt spending earlier this week provoked a backlash.

WASHINGTON - The White House Office of Management and Budget has rescinded a Trump administration directive pausing federal loans, grants and other financial assistance, the White House confirmed on Wednesday.

The Trump Administration has ordered a pause on all federal grants and loans, which will take effect at 3 p.m. MT/ 4 p.m. CT on Tuesday, Jan. 28.

The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a memo sent to government agencies on Monday, potentially paralyzing a vast swath of programs and sowing confusion and alarm among the array of groups that depend on them.

But the legal battle over the plan that set off panic and confusion across the country is just beginning, and it could become a constitutional clash over control of taxpayer money and expansion of executive power before the Supreme Court.