The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

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

Democrats declared victory for blunting Trump’s momentum while the White House insisted it isn’t backing down.

In a two-sentence memo released Wednesday, the White House has rescinded their drive to pause all federal funding and grants. “OMB Memorandum M-25-13 is rescinded. If you have any questions about implementing the President’s Executive Orders,

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

Two-sentence memo ends days-long threats that sent officials, agencies and nonprofits into tailspin over ‘unconstitutional’ threats

The OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of President Donald Trump.

A federal judge blocked the funding freeze from going into effect, after a day in which Trump's White House scrambled to contain confusion.

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

Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates more uncertainty?