Trump administration acts to prevent Harvard from receiving billions in federal research funding
Trump Administration Blocks Harvard’s Federal Grant Eligibility On Monday, the Trump administration announced it is initiating a process that will impede Harvard’s access to federal grants and new contracts. The Department of Health and Human Services (HHS) informed Harvard President Alan Gerber about the situation in a letter. Officials from HHS pointed to allegations of […]
Court allows Trump administration to halt billions in foreign aid
Supreme Court Allows Trump Administration to Maintain Foreign Aid Freeze On Friday, the Supreme Court decided to let the Trump administration keep a significant freeze on foreign aid, which is set to end next week. This emergency measure prompted the administration to overturn a lower court’s ruling, which had initially mandated the spending of approved […]
FTC launches major lawsuit against Ticketmaster aiming for billions in penalties
FTC Files Lawsuit Against Ticketmaster The Federal Trade Commission (FTC) has initiated a significant lawsuit against Ticketmaster, alleging that the online ticket broker has profited from excessive fees and has turned a blind eye to bots, which are reportedly reselling millions of tickets illegally. The FTC is pursuing potentially massive penalties under the bot law, […]
Supreme Court Approves Trump Administration’s Delay in Distributing Billions in Foreign Aid for the Time Being
Supreme Court Allows Trump to Withhold $4 Billion in Foreign Aid The Supreme Court has temporarily permitted President Donald Trump to hold back a $4 billion foreign aid package. U.S. District Judge Amir Ali, who was appointed by Biden, ordered the administration to distribute billions in foreign aid by Wednesday. In a brief order, Supreme […]
Billions Withdraw from SPY, but the S&P 500 Celebration Continues: What’s Going On?
US Stock ETFs Experience Fluctuations According to a report by FactSet, shared by ETF.com, US stock ETFs saw a net inflow of $7.3 billion last week, which is quite strong. However, the SPDR S&P 500 ETF Trust spy didn’t follow this trend, experiencing a net outflow of $2.1 billion for the week ending September 5th. […]
John Roberts permits Trump administration to halt billions in foreign aid for now
Supreme Court Allows Delay of Foreign Aid Funds Justice John Roberts of the U.S. Supreme Court has granted the Trump administration a temporary pause on the allocation of billions in foreign aid while the court reviews an emergency appeal from the president. This administrative stay will allow the administration to potentially hold on to about […]
Trump administration requests Supreme Court permission to halt billions in foreign aid
The Trump administration may seek a Supreme Court order to freeze billions in foreign aid, potentially igniting a significant legal conflict regarding the president’s authority over federal spending. On Monday, the Justice Department submitted an emergency application to the Supreme Court after a federal appeals court upheld a previous ruling. Attorney General D. John Sauer […]
Court Rules Trump Cannot Reduce Billions in Foreign Aid
Court Ruling Against Trump’s Foreign Aid Cuts A federal appeals court issued another setback for President Donald Trump on Friday. The DC Circuit Court of Appeals, in a 2-1 vote, upheld a lower court’s ruling requiring the administration to disclose the foreign aid funds. The panel noted that “the appellant did not meet the strict […]
Court demands Trump administration to disclose billions in foreign aid authorized by Congress
Federal Judge Orders Release of Foreign Aid Funds A federal judge has mandated that the Trump administration must release billions in foreign aid approved by Congress, which President Trump indicated he would withhold last week. U.S. District Judge Amir Ali made his ruling on Wednesday, stating that the administration’s decision to hold back these funds […]
President Trump Is Correct to Adhere to the Law – and Save Billions – by Supporting the Pocket Rescission
Last Thursday, President Trump informed President Johnson of his aim to save taxpayers around $5 billion by retracting funds designated for the State Department and USAID that haven’t been used yet. Wade Miller from the Center Renewing America outlined significant points regarding this in his “Primer: Pocket Retraction Strategy to Cut Spending.” The Water Storage […]