Post #37313 by albaby1 on the The Walt Disney Company board

Stocks A to Z / Stocks D / The Walt Disney Company (DIS)

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This is all breaking news, so I'll sum it up: Trump is shutting down USAID because of where it sends money.

But that's not his call.

Congress created USAID. Congress funded USAID. The President's obligation is to faithfully execute the laws, not violate them when he disagrees with them.

If he thinks USAID should be abolished and its budget zeroed out, then that's something to bring up with Congress. It's a gross violation of his Constitutional duty and a bunch of Congressional statutes to do that unilaterally.

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