The White House has temporarily frozen all federal grants and loans, affecting billions of dollars in payments
Vaeth, the acting director of the Office of Management and Budget, said there would be a "temporary pause" in the "disbursement of all Federal financial assistance," effective from Tuesday at 5 p.m."This temporary pause will provide the Administration time to review agency programs and determine the best uses of the funding for those programs consistent with the law and the President's priorities,