An internal memorandum sent on Monday by the Office of Management and Budget ordered federal agencies to pause all grants and loans.

President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.

The White House rescinded a pause on all Federal grants and loans, but the short-lived action shined a light on what could come in the future.

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 assistance, which had paralyzed many federal programs and caused a huge uproar on Capitol Hill.

Nothing in this memo should be construed to impact Medicare or Social Security benefits,” the memo from the Office of Management and Budget reads.

The two-page memo, which is set to take effect on Tuesday night, could impact lower-income households that rely on Medicaid, school breakfast and lunch programs; and the Special Supplemental Nutrition Program for Women,

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

The Trump administration late Monday directed federal agencies to pause the disbursement of loans and grants while the government conducts a review to ensure spending aligns with President Trump’s

In another bold executive action, President Donald Trump has authorized a broad freeze on $3 trillion in federal funds until his administration completes a full spending review. According to a two-page memo from Acting Director of the Office of Management and Budget Matthew J.

The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.

Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.

The memorandum from the Office of Management and Budget said that the hold would not impact Medicare, Social Security benefits or other payments that are “provided directly to individuals,” but that exception still left exposed trillions of dollars in spending on programs that are primarily routed through third parties before reaching Americans.