5.4.0 project browser is very unresponsive

When clicking on “launch” in 5.4.0 the project browser opens and it becomes very unresponsive. As if the window runs at very low fps.

I have restarted my pc after installing 5.4, and updated my gpu drivers.

Is this a known bug? Is Unreal 5.4.0 perhaps doing some background checks on projects after the project browser is loaded?

I have a geforce 4060 and a 12600 intel cpu, and 80gb of ram.