SNAP benefits interrupted! U.S. Supreme Court approves Trump to withhold $4 billion in food aid

Wallstreetcn
2025.11.08 06:40
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The U.S. Supreme Court has approved the Trump administration's request to temporarily halt the distribution of approximately $4 billion in food aid funds, affecting the livelihoods of 42 million low-income individuals. This decision has intensified the socioeconomic uncertainty caused by the government shutdown. The Supreme Court's stay order aims to give lower courts more time to review the government's appeal, making the future of the SNAP benefits program even more unclear. Bank of America believes that the payment interruption may prompt both parties to accelerate negotiations to avoid further deterioration