Oh darn… That’s a shame #caputin https://t.co/NKmJfaXmUU https://t.co/9bEbTc8Ktf
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Mar 17, 2022
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‘Big struggle between the court system and Trump’ as Supreme Court deals blow to President

The U.S. Supreme Court rejected the Trump administration's request to keep billions in congressionally approved foreign aid frozen, but that fight isn't over.
The court did not set a timeline for when the money should be released, allowing the White House to continue to dispute the matter in lower courts, where U.S. District judge Amir Ali ruled last month that much of the money cut off by the administration should continue flowing while he reviewed the case, reported CNN.
"When you step back and look at what's happening in this order right here, it's 5-4," reported CNN's Katelyn Polantz, "and the four dissenters of what is being done right now for Donald Trump, those people are all the the conservative justices and what they are saying is, we can't believe that this Supreme Court is going to override what the executive wants to do here and just give this lower-court trial judge Ali in Washington, D.C., on the district court the power to figure this out right now, so a big struggle between the court system and Trump."
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The administration had frozen billions in aid from the State Department and the US Agency for International Development, and several nonprofit groups that rely on that money filed lawsuits challenging the order as unconstitutional.
Ali had set a deadline for Wednesday to allow the funding to flow, but the administration rushed an emergency appeal and chief justice John Roberts unilaterally issued an stay that paused the case.
The government argued they're making “substantial efforts” to review payment requests to comply with Ali's order, but the plaintiffs were unsatisfied with that explanation.
“The government has not taken ‘any meaningful steps’ to come into compliance,” the groups said a Supreme Court filing last week.
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‘The worst performing stock’: Tesla drops to lowest level since election on Elon fears

Baird financial services analyst Ben Kallo warned that Tesla CEO Elon Musk's political antics could be destroying the valuation of his company.
During a Monday morning report, CNBC host Carl Quintanilla offered investors bad news about Tesla's stock value.
"Tesla posing its 7th straight week of declines," he announced. "It's longest losing streak on record. Shares are now trading at their lowest level since the election. It is the worst performing stock in the S&P 500 so far this year."
Kallo explained why the company was struggling.
"It's going to continue to perpetuate the narrative of Musk destroying demand out there," he told Quintanilla.
"Yeah, well, is that just noise and just a narrative, or is that actually observably happening right here?" Quintanilla asked.
"Well, I think that, you know, when people's cars are in jeopardy of being keyed or, you know, set on fire out there, even people that support Musk or are indifferent to Musk might think twice about buying a Tesla," Kallo said. "But I do think that with the production ramp impacting deliveries, that's the bigger thing that will continue that narrative of demand at risk."
ALSO READ: 'Absolutely unconscionable': Ex-Republican demands Trump removed from office after fight
"And so I think that we have at least a couple of months until we determine if he's attracting more buyers or losing more buyers, which I've seen the argument out there from my fellow analysts all over the place," he continued. "But there's a lot of uncertainty here."
"It's very plausible that demand is being destructed. I would say in Europe, even more plausible."