Update: The White House Office of Management and Budget on Wednesday, Jan. 29, rescinded a memo ordering a federal funding freeze less than two days after it caused chaos and stoked fear that the ...

The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

Trump administration orders sweeping freeze of federal aid In a two-page memo, the Office of Management and Budget ordered all federal agencies to temporarily suspend payments.

Trump and his allies have promoted the federal funding freeze as a way to make sure that U.S. government spending aligns with the mandate he campaigned on and began implementing since taking office.

A senior administration official confirmed the rescission Wednesday, which was ordered by the Office of Management and Budget.

A federal judge on Monday extended an order blocking the Trump administration from enforcing a sweeping freeze on federal grants.

Mick Mulvaney, former director of the Office of Management and Budget, said President Trump’s federal aid freeze will likely end up at the Supreme Court.

The Trump administration‘s Office of Management and Budget rescinded its memo to freeze federal aid spending, though it could be blocked in court for a second time after contradictory statements ...

The memo, from the U.S. Office of Management and Budget (OMB), indicated that Social Security and Medicare programs would be exempt from the suspension in federal funding.

(CNN) -- The White House Office of Management and Budget has rescinded the federal aid freeze, according to a memo from a Trump administration official obtained by CNN.

The White House announced in a memo that federal loans and grants would temporarily pause starting on Tuesday, January 28, at 5 p.m. ET. Per CNN, White House Office of Management and Budget acting ...