The Trump administration has issued a temporary pause on federal funding for grants, loans, and financial assistance programs, potentially affecting billions in funding for programs like SNAP and disaster relief. A memo from the Office of Management and Budget (OMB) announced the pause would begin on January 28 and last until February 10, with agencies required to report on affected programs. The memo vaguely cites financial assistance linked to foreign aid, NGOs, DEI initiatives, gender policies, and environmental programs as potential targets. The pause has sparked legal challenges, with state attorneys general planning to sue.