00:00It's Benzinga bringing Wall Street to Main Street.
00:02A U.S. judge on Tuesday ruled that Trump cannot build a $400 million ballroom on the White House
00:08site without congressional approval, halting construction after the East Wing was demolished,
00:13according to Reuters. U.S. District Judge Richard Leon granted a preliminary injunction
00:18requested by the National Trust for Historic Preservation, which sued in December. He ordered
00:23construction to stop unless Congress authorizes the project. Leon paused the order for 14 days
00:29to allow an appeal, and the Justice Department appealed to the U.S. Court of Appeals for
00:33the District of Columbia Circuit. Trump defended the project on Truth Social, while the National
00:38Trust welcomed the ruling. The National Capital Planning Commission is scheduled to vote on
00:43Thursday on whether to approve the ballroom's building plans. For all things money, visit
00:48benzinga.com.
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