President Trump’s order that federal agencies pause the disbursement of loans and grants is sending shockwaves through Washington. A memo issued by Matthew Vaeth, acting director of the Office of Management and Budget (OMB), directs federal agencies to temporarily pause “all activities related to obligation or disbursement of all Federal financial assistance” while the government conducts a review to ensure spending aligns with Trump’s agenda.

President Trump is deploying a tariff strategy rarely used by previous presidents. In his first week in office, President Trump tried to browbeat governments across the world into ending the flow of drugs into America, accepting planes full of deported migrants, halting wars and ceding territory to the United States. For all of them, he deployed a common threat: Countries that did not meet his demands would face stiff tariffs on products they send to American consumers. Mr. Trump has long wielded tariffs as a weapon to resolve trade concerns....

President Trump is deploying a tariff strategy rarely used by previous presidents. In his first week in office, President Trump tried to browbeat governments across the world into ending the flow of drugs into America, accepting planes full of deported migrants, halting wars and ceding territory to the United States. For all of them, he deployed a common threat: Countries that did not meet his demands would face stiff tariffs on products they send to American consumers. Mr. Trump has long wielded tariffs as a weapon to resolve trade concerns....

President Donald Trump said he wasn’t “100% sure” that he cannot run for a third term as president. He added a moment of lighthearted uncertainty, asking Speaker of the House Mike Johnson, “I’m not sure, am I allowed to run again, Mike? I better not get you involved in that.” This is not the first time Trump has hinted at the possibility of seeking three terms in office. In an appearance last Sunday in Las Vegas, Nevada, he remarked, “It will be the greatest honor of my life to serve...

Less than 48 hours after Trump was inaugurated, House Minority Leader Hakeem Jeffries held a closed-door meeting with Democratic lawmakers to issue a warning and a clarion call. The new administration was going to “flood the zone,” and Democrats couldn’t afford to chase every single outrage — or nothing was going to sink in for the American people, Jeffries told them, according to a person in the room who requested anonymity to discuss the private meeting. Jeffries, D-N.Y., urged members to focus their message on the cost of living, along...

The White House's Office of Management and Budget has instructed all federal agencies to cease spending on any financial assistance programs if they suspect it might conflict with President Donald Trump's recent executive orders. Agencies must comply beginning at 5 p.m. EST on Tuesday, according to the OMB memo obtained by ABC News. However, the order does not specify which financial aid programs would have to be suspended. Given the spate of orders issued this month -- some of which have prompted lawsuits -- the memo could have sweeping implications....

A pause to all government grants and loans – estimated to be in the trillions of dollars – sent into a tizzy on Monday as confusion swirled around the order sent across federal , media reports say. In an internal memo that circulated Monday, acting director of the Office of Management and Budget Matthew J. Vaeth directed federal agencies to “temporarily pause all activities related to obligations or disbursement of all Federal financial assistance,” according to the , which obtained a copy of the two-page document. It also asked each...