Juneteenth celebrates the day African Americans in Texas learned of their freedom, two years after the 1863 signing of the Emancipation Proclamation.

Post offices, banks, courts and state offices will be closed on the Juneteenth federal holiday.

The festival, which takes place in the historically Black Five Points neighborhood, has been scaled back to one day instead of two because of the budget shortfall.

Here's a look at what's opened and closed on the holiday. Yes. It's the youngest federal holiday and rose to prominence in 2020. President Joe Biden declared it a federal holiday in 2021. The Federal Reserve considers Juneteenth a bank holiday,

The resulting Juneteenth holiday - its name combining "June" and "nineteenth" - has only grown in one-and-a-half centuries.