Congress, the president and the power of the purse
Update: 2025-02-04
Description
Several executive orders and actions by President Donald Trump order a freeze of federal funds that Congress has already approved. But according to the Constitution and the Impoundment Control Act of 1974, the president doesn’t have the authority to do that unilaterally. We’ll explain. But first, could a sovereign wealth fund help buy TikTok? And later, the climate crisis could shave off nearly $1.5 trillion in property values over the next 30 years.
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