The Trump administration temporarily paused federal grant, loan and other financial assistance programs, effective 5 p.m. ET Tuesday. Why it matters: The suspension will provide the administration ...

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 ...

On January 27, 2025, Office of Management and Budget (OMB) Acting Director Matthew Vaeth issued Memorandum #M-25-13, temporarily freezing federal grant and loan payments pending further review.

The Trump administration fired the Federal Emergency Management Agency’s chief financial officer and three others after Elon ...

Due to President Donald Trump’s executive orders freezing federal financial assistance programs, the notice said, the government was “taking additional measures to process payments.” ...