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.