00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The U.S. Supreme Court on Tuesday allowed Trump's administration to move forward with
00:06sweeping federal job cuts, according to Reuters. The decision lifts the lower court's block on
00:10mass layoffs tied to Trump's February executive order. The unsigned order said Trump is likely
00:14to succeed in arguing that the downsizing was within presidential authority. While the ruling
00:19removes one legal barrier, agency-specific layoffs still face lawsuits and union pushback.
00:24White House called the ruling a definitive victory. It affirmed Trump's authority to
00:28enforce government-wide efficiency. For all things money, visit Benzinga.com.
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