The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

Democrats declared victory for blunting Trump’s momentum while the White House insisted it isn’t backing down.

By Jeff Mason, Steve Holland and Andy Sullivan WASHINGTON -President Donald Trump's administration appeared to abandon its proposed freeze on hundreds of billions of dollars in aid on Wednesday in the face of legal setbacks and widespread opposition,

The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.

The OMB memo had directed federal agencies to pause grants and loans pending a review of compliance with the agenda of President Donald Trump.

The directive from the Office of Management and Budget that froze most federal funds on Monday had not gone through the usual approval process.

The White House Office of Management and Budget (OMB) is walking back the federal funding freeze memo that set off a day of chaos and confusion on Tuesday up until a judge paused the order right before it was set to take effect.

Two-sentence memo ends days-long threats that sent officials, agencies and nonprofits into tailspin over ‘unconstitutional’ threats

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