The White House Office of Management and Budget (OMB) rescinded a memo Wednesday that had ordered a "temporary pause" on federal funding and unleashed major confusion across the country.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 OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of President Donald Trump.

WASHINGTON (AP) — President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country, according to two people familiar with the matter.