Councilmembers weigh in on OTB job offer to Mayor Byron Brown

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."

ALSO READ: 'Absolutely unconscionable': Ex-Republican demands Trump removed from office after fight

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.

Watch below or click the link.

Financial markets are still reeling from this week's back-and-forth with the United States' key trade partners, as President Donald Trump announced and then almost immediately withdrew crippling new tariffs.

The Dow Jones Industrial Average closed Tuesday down another 478 points, down 1.1%. Trading on the S&P 500 closed after a decline of 0.7%, and the Nasdaq Composite was down 0.2%, for the worst day of trading since September according to Yahoo Finance. The stock market has been sliding amid fears that consumer spending would contract in response to tariffs Trump announced would be going into effect on Canada and Mexico in particular. While those tariffs have been reversed for now, Trump has indicated that 50% tariffs on imported steel and aluminum from Canada will still go into effect early Wednesday morning at midnight.

ALSO READ: 'Absolutely unconscionable': Ex-Republican demands Trump removed from office after fight

Trump has attempted to boost investor confidence by walking back his previous comments to Fox Business' Maria Bartiromo in which he didn't rule out a recession happening as soon as this year. But Politico reported Tuesday that one of his top Cabinet secretaries may be "forced to take the fall," with "few friends in the administration" left to defend him.

According to the outlet, Commerce Secretary Howard Lutnick — who co-chaired Trump's presidential transition team along with former World Wrestling Entertainment executive Linda McMahon (now Trump's secretary of education) — could be out of a job if the fallout over Trump's tariffs continues to roil markets. One unnamed source "close to the administration" told Politico that Lutnick was lately "trying to be a mini-Trump."

“I don’t think he got the memo that only Trump gets to be Trump,” the source said. “It just reinforces that he doesn’t really know how to do the job.”

Politico additionally reported that administration officials are "growing increasingly frustrated" with the commerce secretary, complaining that he often gets "out in front" of Trump and has "contradicted his messaging." They add that he has "a lack of understanding of even the basics about how tariffs and the economy work."

Last week, Lutnick made headlines after telling CNBC that "prices are going to rise" as a result of tariffs, but that companies can avoid tariffs by making their products in the United States. When hosts reminded him that companies offshore production because labor costs are lower, Lutnick proclaimed that manufacturing jobs would be done by "robots."

Click here to read Politico's report in its entirety.