President Trump temporarily freezes federal funding as programs and organizations that receive federal grants are reviewed. Here's what that means.

The Trump administration’s Office of Management and Budget released a new memo Wednesday rescinding a controversial memo issued late Monday that froze a wide swath of federal financial

In a two-page memo, the Office of Management and Budget ordered all federal agencies to temporarily suspend payments.

President Trump's top budget office has directed agencies to pause federal loans and grants so the administration can review them.

A White House order to freeze federal grants reflects a theory of presidential power that Donald Trump clearly endorsed during his 2024 campaign. The approach was further outlined in the Project 2025 governing treatise that candidate Trump furiously denied was a blueprint for his second administration.

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the

The Monday evening memo from Trump's White House Office of Management and Budget sparked uncertainty over a crucial financial lifeline for states, schools and organizations that rely on trillions of dollars from Washington.

President Donald Trump's administration on Wednesday rescinded a widespread freeze most federal grants and loans just one day after it was issued amidst significant criticism, according to a memo a source provided to NBC News.