The White House caused shockwaves when it first announced Jared Isaacman as NASA administrator due to his close ties to SpaceX CEO Elon Musk.

President Donald Trump is withdrawing the nomination of tech billionaire Jared Isaacman to lead NASA, a person familiar with the administration’s personnel decisions said Saturday.

Jared Isaacman, President Donald Trump’s pick to be NASA administrator, has been told by the White House that his nomination will be rescinded, according to a person who has been briefed on the notification.

Donald Trump has suffered plenty of legal setbacks in his second term, but none quite like this one. The US Court of International Trade’s ruling this week that the president misapplied emergency economic powers legislation to impose his “liberation day” tariffs knocks out the main underpinning of his flagship policy.

A federal appeals court has temporarily paused a ruling that would have halted President Donald Trump’s sweeping tariffs. Less than 24 hours earlier, the Court of International Trade had ruled Trump does not have the unlimited authority to impose them.

US President Donald Trump celebrated a temporary legal win as a court preserved his aggressive tariffs, triggering mixed reactions Friday across jittery financial markets.