May 7, 2025

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Loans

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Finance

Senate Finance advances Oz nomination to lead CMS

The Senate Finance Committee Tuesday advanced President Donald Trump’s nominee to lead the Centers for Medicare and Medicaid Services by a vote of 14-13, splitting along party lines. Mehmet Oz,  known best for his time as a television personality and host of the daytime talk show “The Dr. Oz Show,” was a practicing heart surgeon

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Crypto

XRP Price Spikes Over 13% As SEC Drops Crypto Case Against Ripple

Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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