The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

The White House Office of Management and Budget (OMB) rescinded a memo Wednesday that had ordered a "temporary pause" on federal funding and unleashed major confusion across the country. Why it matters: It's an astonishing reversal by the Trump administration,

The Trump administration, days after issuing a memo that froze federal spending on grants and loans, backpedaled Wednesday intending to “end any confusion” but instead only added to