Judges order Trump administration to use emergency reserves for SNAP payments during the shutdown

Fortune•Friday, October 31, 2025 at 9:10:13 PM

In a significant ruling, judges have ordered the Trump administration to tap into emergency reserves for SNAP payments during the government shutdown. This decision is crucial as it ensures that millions of Americans relying on food assistance will continue to receive support despite the funding crisis. The administration had previously claimed it couldn't access a $5 billion contingency fund for this purpose, but the court's intervention highlights the importance of maintaining essential services during challenging times.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Investing.coman hour ago

Trump administration cannot suspend food aid benefits, US judges rule

PositiveFinancial Markets

In a significant ruling, US judges have determined that the Trump administration cannot suspend food aid benefits, ensuring continued support for millions of Americans in need. This decision is crucial as it highlights the importance of food assistance programs, especially during challenging economic times. The ruling not only protects vulnerable populations but also reinforces the role of the judiciary in upholding social welfare policies.

Read full article

via Investing.com

Investing.coman hour ago

Trump gives first ’60 Minutes’ interview following CBS lawsuit settlement

PositiveFinancial Markets

Donald Trump recently sat down for his first interview with '60 Minutes' after settling a lawsuit with CBS. This interview is significant as it marks a return to mainstream media for Trump, allowing him to share his views and connect with a broader audience. The settlement indicates a resolution to past disputes, potentially paving the way for more open dialogue between Trump and major media outlets.

Read full article

via Investing.com

Investing.com2 hours ago

Trump asks lawyers to seek clarification on funding food aid after rulings

NeutralFinancial Markets

Former President Donald Trump has instructed his legal team to seek clarification regarding the funding of food aid following recent court rulings. This move highlights the ongoing legal and political discussions surrounding food assistance programs and their funding sources, which are crucial for many Americans. Understanding the implications of these rulings could impact future policies and aid distribution.

Read full article

via Investing.com

Forbes3 hours ago

Trump Can’t Require Voters To Show Citizenship On Registration Forms, Judge Rules

NegativeFinancial Markets

A recent ruling has determined that President Trump cannot mandate voters to provide proof of citizenship, such as a passport, when registering to vote using federal forms. This decision is significant as it impacts the ongoing debate over voting rights and accessibility, ensuring that more citizens can participate in the electoral process without facing additional barriers.

Read full article

via Forbes

Investing.com3 hours ago

Fed unlikely to cut rates next year as economy set to ride Trump fiscal boost

PositiveFinancial Markets

The Federal Reserve is expected to maintain interest rates next year, buoyed by the anticipated economic boost from President Trump's fiscal policies. This decision reflects confidence in the economy's resilience and growth potential, which could lead to increased investments and consumer spending. As the Fed navigates these economic waters, the stability in rates may provide a favorable environment for businesses and individuals alike.

Read full article

via Investing.com

Financial Times3 hours ago

Trump stirs global alarm with pledge to restart nuclear testing

NegativeFinancial Markets

President Trump's unexpected announcement to restart nuclear testing has sent shockwaves around the world, raising concerns about a potential new arms race. This move could destabilize international relations and provoke other nations to enhance their own nuclear capabilities, leading to heightened tensions globally. It's a significant shift in policy that many fear could undo decades of nuclear disarmament efforts.

Read full article

via Financial Times

Fortune4 hours ago

Some Americans will hand out food to trick-or-treaters this Halloween as SNAP benefits are about to end

PositiveFinancial Markets

Read full article

via Fortune

Forbes4 hours ago

A ’Political Revolution’ Is Underway In US— Here's What That Means For The Midterms: Ian Bremmer

NeutralFinancial Markets

Ian Bremmer, president of Eurasia Group, recently shared insights on the evolving political landscape in the U.S. nearly a year after Trump's reelection. This discussion is crucial as it sheds light on the implications for the upcoming midterm elections, highlighting how shifts in political sentiment could influence voter behavior and policy direction.

Read full article

via Forbes

Latest from Financial Markets

Bloomberg2 hours ago

We Want to Create an Intimate Experience: Eugene Remm

PositiveFinancial Markets

Eugene Remm, co-founder and partner, emphasizes the importance of creating authentic experiences in the restaurant industry. In a recent interview on 'The Close' with Katie Greifeld and Romaine Bostick, he discussed the opening of his 21st restaurant, showcasing his commitment to intimacy and quality in dining. This matters because it highlights a growing trend in the culinary world where personal connections and unique experiences are prioritized, setting a new standard for what diners expect.

Read full article

via Bloomberg

Bloomberg2 hours ago

DOJ Probes Trading in Herbal Medicine Firm That Surged 46,000%

NeutralFinancial Markets

The US Department of Justice is investigating a Hong-Kong based traditional Chinese medicine company following an astonishing 46,000% surge in its stock value. This probe highlights concerns over market volatility and the potential for manipulation, raising questions about the integrity of trading practices in the herbal medicine sector.

Read full article

via Bloomberg

Bloomberg2 hours ago

In 50 Years, No Human Will Cook Anymore: Chow

NegativeFinancial Markets

Michael Chow, a prominent restaurateur and artist, predicts a future where humans will no longer cook, suggesting that technology will take over this essential task within the next 50 years. This vision raises concerns about the loss of culinary traditions and the human touch in cooking, which many consider an art form. As we embrace advancements in automation and artificial intelligence, it's crucial to reflect on what we might lose in the process.

Read full article

via Bloomberg

Investing.com2 hours ago

Central Bancompany eyes up to $5.7 billion valuation in rare US bank IPO

PositiveFinancial Markets

Central Bancompany is making headlines as it prepares for a potential IPO that could value the bank at up to $5.7 billion. This move is significant as it marks a rare occurrence in the U.S. banking sector, where IPOs have become increasingly uncommon. The successful launch of this IPO could not only boost Central Bancompany's growth but also signal a renewed interest in bank investments, potentially attracting more players to the financial market.

Read full article

via Investing.com

Investing.com2 hours ago

Ryan Paul D, Fox Corp director, sells $1.14 million in stock

NeutralFinancial Markets

Ryan Paul D, a director at Fox Corp, has sold $1.14 million worth of stock. This transaction is significant as it reflects the director's financial decisions and could indicate confidence or concerns about the company's future. Such sales can impact investor sentiment and market perception, making it a noteworthy event for stakeholders.

Read full article

via Investing.com

Investing.com2 hours ago

Wall Street gains on Amazon boost but rate caution tempers enthusiasm

NeutralFinancial Markets

Wall Street experienced gains, largely driven by a boost from Amazon's strong performance. However, investor enthusiasm is tempered by concerns over rising interest rates, which could impact future market growth. This situation highlights the delicate balance investors must navigate between positive corporate earnings and broader economic indicators.

Read full article

via Investing.com