Report that White House budget office is ordering a pause to all federal grants and loans

Washington Post is gated, but here is, in brief, what they are reporting:

White House pauses all federal grants, sparking confusion

• Trillions of dollars
  could be on hold, according to an Office of Management and Budget
  memo.

• The White House budget office is ordering a pause to all grants and
  loans disbursed by the federal government, according to an internal
  memo sent to agencies Monday, creating significant confusion across
  Washington.

• In a two-page
  document, Matthew J. Vaeth, the acting director of the White House
  Office of Management and Budget, instructs federal agencies to
  “temporarily pause all activities related to obligations or
  disbursement of all Federal financial assistance.” The memo, a copy
  of which was obtained by The Washington Post, also calls for each
  agency to perform a “comprehensive analysis” to ensure its grant
  and loan programs are consistent with President Donald Trump’s
  executive orders, which aimed to ban federal diversity, equity and
  inclusion initiatives, and limit clean energy spending, among other
  measures.

This article was written by Eamonn Sheridan at www.forexlive.com.