Politics

Trump administration rescinds funding freeze directive, memo shows

The decision caused chaos for agencies across the country.

Washington D.C. (ABC News)–Donald Trump’s administration has rescinded its sweeping directive that sought to pause potentially trillions in loans, grants and financial assistance, according to a memo obtained by ABC News. “OMB memorandum M-25-13 is rescinded,” the short memo from Matthew Vaeth, the acting director of the Office of Management and Budget, reads. “If you have questions about implementing the President’s Executive…