We could see a limit down day tomorrow based on the budget freeze
— QE Infinity (@StealthQE4) January 28, 2025
Recession guaranteed after today’s Federal Funding Freeze?
You decide. pic.twitter.com/0s36NT0gFz
— QE Infinity (@StealthQE4) January 29, 2025
White House rescinds federal funds freeze memo…
- The White House formally rescinded a controversial memo that had ordered a freeze on federal grants and loans.
- The freeze, which had been set to take effect late Tuesday afternoon, was paused Tuesday by a federal judge to give her time to consider arguments challenging its legality.
- The memo ordering the freeze had been issued by the Office of Management and Budget.