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

The Trump administration has temporarily paused grant, loan and other financial assistance programs at the Office of Management and Budget, prompting criticism from congressional Democrats.

The Trump administration reversed its policy to freeze grants and loans while officials evaluated whether spending met the president's priorities.

President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country,

The Trump administration on Wednesday rescinded its sweeping freeze of federal assistance, which roiled Washington and caused widespread confusion about which programs were affected by the move, according to a copy of the memo obtained by POLITICO.