Trump’s Federal-Aid Freeze Blocked
Jan 29, 2025•13 min•Transcript available on Metacast Episode description
A.M. Edition for Jan. 29. After a chaotic day for government officials nationwide, a judge temporarily blocks a White House directive to pause potentially trillions of dollars in federal assistance. Plus, federal workers are given a choice: return to the office or resign and get paid for the next eight months. And with interest rates near record highs, Americans are carrying larger credit-card balances month-to-month. We ask the WSJ’s Angel Au-Yeung what this tells us about the health of the U.S. consumer. Luke Vargas hosts.
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