"We believe that we are placing adequate resources into the state coffers to ensure stability for the time being," said Landry's statement, which was issued jointly with state Senate President Cameron Henry, state House Speaker Phillip DeVillier and state Treasurer John Fleming.

A memo on federal funding could be a potential blueprint for how Trump could try to wield executive power throughout his presidency

The Trump Administration has issued a pause on federal grant, loan and other financial assistance programs. A pause on federal grants, loans and other financial assistance programs at the U.S. Office of Management and Budget has been issued by the Trump Administration.

The White House is pausing federal grants and loans starting on Tuesday as President Donald Trump's administration begins an across-the-board ideological review of

The Trump administration has directed agencies to suspend all federal grants and loans starting at close of business Tuesday. Why it matters: The new administration is showing signs — in its unilateral actions and legislative strategy — that it is more serious about fiscal austerity than the last time President Trump was in office.

President Donald Trump’s administration has issued a pause on all federal grants and loans, according to a memo from Matthew Vaeth, acting director of the Office of Management and Budget. The memo was sent on Monday but the freeze goes into effect Tuesday at 5 p.

A sudden freeze on federal grants and loans by President Donald Trump's administration has created widespread confusion