The White House has rescinded the freeze on federal grants and loans after facing furious backlash from both sides of the aisle. Follow Newsweek's live blog.

President Donald Trump rescinded an order that sought to temporarily freeze the distribution of federal funds to local governments, universities, and nonprofits on Wednesday afternoon.

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

Senate Democrats announced they would coordinate with blue state governors to fight back against Trump's federal funding freeze, which could hold up trillions of dollars in assistance.

This is all awful. How is freezing all these funds going to help families pay for groceries? How is it going to make neighborhoods safer? How is it going to create new jobs? Of course, it won’t,” said New York Senator Chuck Schumer.

Sen. Chuck Schumer revealed his significant, behind-the-scenes role in persuading President Biden to drop out of the presidential race.

The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to paralyze a vast swath of federal programs.

The federal agency that enforces laws against workplace discrimination, the EEOC describes itself as a bipartisan commission comprised of five members, all appointed by presidents. On Tuesday, a law firm posted on social media that it was representing Charlotte Burrows, a commissioner who had been fired on Monday by the Trump administration.

Schumer said said he received nonstop calls with concerns that this could shut down critical operations and cancel construction projects.

Donald Trump put a temporary pause on federal grants and halted foreign aid, among a slew of other efforts, to cut down on the federal government.