The Trump Administration ordered a freeze on federal funding effective at 5 p.m. Tuesday. The federal pause on loans and grants could impact non-profits, higher education and small businesses. Senate Minority Leader Chuck Schumer (D-NY) said the investments were approved by Congress and cannot be canceled by the president.

A federal judge appointed by former President Joe Biden paused the Trump administration's temporary federal funding freeze just as it was set to go into effect.

WASHINGTON -- The White House is pausing federal grants and loans starting Tuesday as President Donald Trump's administration begins an across-the-board ideological review of its spending, causing confusion and panic among organizations that rely on Washington for their financial lifeline.