White House Reverses Spending Freeze That Sparked Chaos (3)

Jan. 29, 2025, 10:15 PM UTC

President Donald Trump rescinded an order freezing an array of federal grants, loans and financial assistance — a dramatic reversal after days of uncertainty and anxiety rocked governments and nonprofit organizations.

The abrupt move — only two days after the freeze was first announced — quickly drew parallels to the chaotic policy roll-outs that regularly unfolded during Trump’s first administration and happened despite assurances from the president’s allies that they would be able to advance his agenda more effectively in a second term.

The decision to reverse course also marked the most significant setback and the biggest about-face to date ...

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