"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.

Both government agencies and nonprofits in Louisiana scrambled to understand what Trump's order pausing federal grants and loans.

If Trump’s order survives the legal challenges it faces, Jan Moller with Invest in Louisiana says Governor Jeff Landry’s fears of financial instability in state government would become reality.