Here’s where things stand with funding for SBA loans, federal contracts, and other programs. This has already been a confusing week for any business that receives loans or funding from the federal government.

President Donald Trump’s budget office rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country, according to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.

The Trump administration reversed its policy to freeze grants and loans while officials evaluated whether spending met the president's priorities.

The initial White House order on Monday to freeze federal grants sparked confusion throughout Washington and nationwide.

Senate Minority Leader Chuck Schumer (D-N.Y.) is holding a press conference Wednesday morning to respond to the Trump administration’s federal grant freeze. The White House directed federal agencies on Monday evening to pause the disbursement of loans and grants while the government conducts a review to ensure spending aligns with President Trump’s agenda.