The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.

The Trump Administration has issued a pause on federal grant, loan and other financial assistance programs. This story has been updated to include a clarification on student loans from the Department of Education.

The Monday evening memo from Trump's 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.

A Department of Education spokesperson said Tuesday that student financial aid is still operating under normal conditions

Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates more uncertainty?

A federal funding freeze announced by President Donald Trump’s administration this week sparked concern in the public health community about the fate of crucial services and the communities served by them.

The OMB memo is the boldest, and clearest example of how the administration is employing Project 2025’s strategies.

President Donald Trump issued a memo ordering a freezing of federal funds. After lawsuits and a federal judge issuing an injunction, the memo was rescinded.