Is there even a pretence of a law being cited by the White House?
One can argue how to interpret "financial assistance" broadly, which is exactly what the administration has done.
The money was already granted. Trump threatened the CEO personally and then they came to this agreement ex post facto.
Who has standing to sue here? The best I could see is a shareholder lawsuit, but that will take years. Meanwhile, this administration is getting slapped down by courts across the country, including a SCOTUS willing to overturn precedent to curry his favour.
You can? So some years later they can change it again? Where's the trust?
However in case of democrats president Supreme Court will be surprisingly fast on issuing emergency decisions and stopping executive actions…