Market
Will Judge AliKhan extend the freeze on federal grants beyond February 3, 2025?
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Resolution / Starting Odds
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Official ruling or announcement from U.S. District Judge Loren AliKhan or related court documents
Story
Judge Loren AliKhan Halts Trump's Trillions-Dollar Grants Freeze Until February 3
Jan 28, 2025, 10:06 PM
A U.S. federal judge has temporarily blocked the Trump administration's freeze on federal grants and loans, which could total trillions of dollars. The administrative stay was issued just minutes before the freeze was set to go into effect at 5 p.m. on January 28, 2025. U.S. District Judge Loren AliKhan ordered a pause on the funding halt until February 3, allowing time for further arguments. The Office of Management and Budget's directive to halt payments of federal grants, loans, and other assistance to programs across the U.S. is now on hold. Advocacy groups had filed a request to block the sweeping directive, expressing concerns over the potential devastating impact of the policy. Earlier in the day, the White House clarified that benefits like Medicare, welfare, and SNAP would not be impacted by the funding freeze.
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No • 50%
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