A federal judge ordered the Trump administration to restore $16 billion in funding for a rail tunnel project between New York and New Jersey on Friday, while also, the chairman of the House Oversight Committee requested records related to firms partially owned by the husband of Rep. Ilhan Omar. In other news, Milwaukee Bucks star Giannis Antetokounmpo announced he is joining Kalshi as a shareholder, and Green Day's Billie Joe Armstrong implored ICE agents to quit their jobs at a Super Bowl party.
The judge's decision came after the administration had halted the $16 billion in support for the infrastructure project, citing the then-government shutdown and concerns about unconstitutional spending around diversity, equity, and inclusion principles, according to Source 3. U.S. District Judge Jeannette A. Vargas in Manhattan approved a request by New York and New Jersey for a temporary restraining order barring the administration from withholding the funds while the states seek a preliminary injunction.
Meanwhile, Rep. James Comer, a Kentucky Republican, requested records related to companies owned by Timothy Mynett, the husband of Rep. Ilhan Omar, according to Source 2. Comer's request, sent in a letter, focused on a pair of companies that had a substantial jump in value between 2023 and 2024, according to financial disclosures filed by the congresswoman. This move was described as highly unusual by the source.
In the world of sports, Giannis Antetokounmpo announced on Friday that he had become a shareholder in Kalshi, a prediction market, according to Source 4. "The internet is full of opinions. I decided it was time to make some of my own," Antetokounmpo posted on social media. Kalshi CEO Tarek Mansour said, "Giannis is a legend. Hes exactly the type of long-term partner we want to align our growing brand with, and we couldnt be happier hes on board."
During a Super Bowl party, Green Day's Billie Joe Armstrong implored ICE agents to "quit your s—ty jobs," according to Source 5. Armstrong also said that Trump "will drop you like a bad habit… Come on This Side of the Line."
In other political news, during a private black-tie dinner, Donald Trump joked about potentially suing his newly selected Fed chair nominee, Kevin Warsh, if he failed to lower interest rates, according to Source 1. Trump later said the remarks were made in jest, calling it "all comedy." However, Sen. Elizabeth Warren pressed Treasury Secretary Scott Bessent on the remarks during a committee hearing.
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