A federal appeals court ruled on August 13, 2025, that the Trump administration can suspend or terminate billions of dollars in foreign aid funding that had been congressionally appropriated. This decision reversed a lower court ruling and lifted an injunction requiring the U.S. State Department to continue making foreign aid payments, effectively allowing President Trump to cut potentially billions in USAID funds this year. The ruling was delivered by the D.C. Circuit Court and was seen as a legal victory for the administration. Additionally, the same court ruled in a 2-1 decision to allow the Trump administration to proceed with plans to reduce the Consumer Financial Protection Bureau (CFPB) staff through mass layoffs, overturning a lower court's attempt to block these actions. These developments reflect ongoing efforts by the Trump administration to reduce federal spending and reshape regulatory agencies.
Homes in the United States cost 7.5 years' worth of household income. It's worse than the peak of the 2006 housing bubble. That's before you consider 6.6% mortgage rates. The "middle class" will no longer be a category if this persists for much longer.
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A divided D.C. Circuit found that President Trump should be able to resume mass firings at the CFPB, ruling that a lower court lacked jurisdiction in blocking the move, court records showed. Subscribe to The Daily Docket: https://t.co/s1z0JFiNQe https://t.co/zmPLCqRm6V