The White House Office of Management and Budget on Wednesday rescinded a memo that froze federal grants and loans and created widespread confusion this week.

The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.

Several executive orders Trump signed last week pause or end some federal funding. Those executive orders, which remain in place, include the freezing of foreign aid, all funds to federal grantees who received money for DEI-related purposes and all funds appropriated through the Inflation Reduction Act.

The White House rescinded an order that froze federal grants, loans and other financial assistance, generating widespread confusion.

The White House Office of Management and Budget has rescinded the federal aid freeze, according to a memo from a Trump administration official obtained by CNN.

The spending freeze on federal assistance could affect everything from aid to nonprofits, universities, small business loans and state and local government grants.

White House press secretary Karoline Leavitt said that Social Security, Medicare and food stamps would not be affected by the decision to freeze federal aid. NBC News’ Sahil Kapur reports on the Trump administration’s first White House press briefing and whether Medicaid could be among the programs affected.