tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Judge says Trump administration suspending SNAP likely unlawful, Bloomberg says

A federal judge in Boston has determined that the Trump administration’s potential suspension of food aid, including SNAP benefits, is likely unlawful and said the administration must use contingency funds for such aid, Bloomberg reports. The suspension will be blocked by two judges, according to Bloomberg. Publicly traded companies in the grocery space include Walmart (WMT), Target (TGT), Costco (COST), Kroger (KR), Albertsons (ACI), Whole Foods (AMZN), Grocery Outlet (GO), and Sprouts Farmers Market (SFM).

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1