US Supreme Court rejects Trump on USAID freeze

There is a view among many in markets that Trump can do whatever he wants because the Supreme Court will uphold anything he does. This is a big pushback against that view, though it won’t be the last fight.

Initial reports said the Supreme Court has reinstated the order requiring foreign-aid payments, which were authorized by Congress.

The order is here and the decision was 5-4.

This article was written by Adam Button at www.forexlive.com.