The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

President Donald Trump’s budget office rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country, according to two people familiar with the matter.

The White House budget office on Wednesday rescinded an order freezing federal grants, according to a copy of a new memo obtained by The Washington Post, after the administration’s move to halt spending earlier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

The freeze on hundreds of billions of dollars of federal grants had been temporarily halted by a judge on Tuesday.

The Trump administration’s push for a sweeping pause on federal grants and loans totaling potentially trillions of dollars is on hold for now, on the order of a federal judge.

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

WASHINGTON (Reuters) - The White House Office of Management and Budget has rescinded a Trump administration directive pausing federal loans, grants and other financial assistance, a White House official said on Wednesday.

FAFSA applications for the 2024-2025 academic year are due June 30, after which the application will be unavailable on the student aid website. Colleges can have their own deadline and often require applications be submitted before the federal deadline in the summer.

The White House will pause federal grants and loans, as President Donald Trump works to ensure all federal spending aligns with executive orders.

We have a constitutional crisis,” Democratic Sen. Jeff Merkley said of Team Trump's latest scheme. It's worth appreciating what the label means.

Trump issued federal funding freeze then rescinded it. Opposition says a freeze would risk serious damage to healthcare, education and public safety.