The White House rescinded an order freezing all federal grants and loans on Wednesday. Acting director Matthew J. Vaeth for the Office of Management and Budget, which issued the freeze order, told federal agencies that the memo suspending the funds had been “rescinded” President Donald Trump’s budget office on Wednesday rescinded a memo freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country. The Monday evening memo from the White House Office of Management and Budget sparked uncertainty over a crucial financial lifeline for states, schools and organizations that rely on trillions of dollars from Washington and left the White House scrambling to explain what would and wouldn’t be subject to a pause in funding. Source: ReutersNews18 Mobile App – https://onelink.to/desc-youtube
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