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Judge pauses Trump funding freeze order until Feb. 3

2025-01-28 09:36:12       source:CNBC

Janurary 28, 2025


A federal judge paused until next week a Trump administration order that would have frozen the issuance of existing federal grants and loans until agencies vetted them.


Judge Loren AliKhan’s ruling Tuesday during a hearing conducted on Zoom came just minutes before the freezing order was set to take effect at 5 p.m. ET. At stake are funds potentially worth trillions of dollars.


AliKhan said her administrative stay would expire at 5 p.m. ET Monday unless she decides to grant a temporary restraining order as requested by plaintiffs who filed a lawsuit earlier in the day challenging the Trump administration’s action.


Read more:

https://www.cnbc.com/2025/01/28/trump-medicaid-funding-freeze-paused.html