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People recieve free assistance with U.S. citizenship applications in Boston on Sept. 28, 2019. Photo: Jonathan Wiggs/The Boston Globe via Getty Images

A federal judge on Friday blocked the Trump administration's proposed rule to deny residency to immigrants who use or are likely to use public benefit programs such as food stamps, housing assistance or Medicaid, the New York Times reports.

Driving the news: In a separate proposal last week, the Trump administration proposed requiring immigrant-visa applicants to prove they can obtain health insurance within 30 days of entering the U.S. or cover their own health care expenses.

  • Friday's decision prevents the regulation from taking effect as scheduled on Tuesday, Oct. 15.
  • The rule "set new standards for determining who might become a burden on the public purse and barred them from obtaining permanent residence in the country," writes the Times.
  • The rule would likely create a "chilling effect" on immigrants who are eligible to use certain public benefit programs, but choose not to out of fear of being penalized, according to immigration experts.

What's next: The judge's preliminary nationwide injunction is expected to be appealed by the Justice Department. The policy "is still subject to full legal review by the courts," per the Times.

The big picture: A recent increase in the number of people without health insurance has coincided with the Trump administration discouraging immigrants from applying for and using government health care programs, like Medicaid.

Go deeper: Trump admin wants to require immigrants to get health insurance

Go deeper

Dan Primack, author of Pro Rata
30 mins ago - Economy & Business

Trump blocks banks from limiting loans to gun and oil companies

Illustration: Sarah Grillo/Axios

Big banks are no longer allowed to reject business loan applicants because of the industry in which they operate, according to a new rule finalized on Thursday by the Trump administration.

Why it matters: Wall Street has curtailed its exposure to industries like guns, oil and private prisons, driven by both public and shareholder pressures. This new rule could reverse that trend.

Former FDA commissioner: "Reliable drug supply is absolutely critical"

Axios' Caitlin Owens and former FDA commissioner Mark McClellan. Photo courtesy of Axios Events

Having a reliable supply of pharmaceutical drugs throughout America will be "absolutely critical" to boosting affordability in health care during the Biden administration, former Food and Drug Administration (FDA) commissioner Mark McClellan said at a virtual Axios Event on Friday.

The big picture: McClellan, who served under President George W. Bush, says drugs having limited supply and limited competition leads to elevated pricing. He considers drug supply to be a national security and public health issue.

Felix Salmon, author of Capital
3 hours ago - Economy & Business

Americans are still spending money

Source: Census Bureau; Chart: Axios Visuals

Americans spent more money at stores and restaurants in 2020 than they did in 2019 — even in the face of a devastating global pandemic that shut down broad sectors of the economy.

Why it matters: The monthly retail sales report this morning came in well below expectations, and showed consumer spending falling on a seasonally-adjusted basis. Total expenditures were still higher in December 2020 than they were a year previously, however.

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