The Trump administration and Maine reached an agreement that restored funding for schoolchildren, Maine’s attorney general said Friday, part of a feud between the president and the state’s governor over policies on transgender athletes. The state’s attorney general, Aaron M. Frey, said his office had withdrawn a lawsuit it filed in objection to the funding
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Mr. Trump and his sons had recently unveiled. Mr. Folkman
President Trump was dealt a setback in his plans for American public education, as three federal judges issued separate rulings on Thursday pausing his ability to withhold funds from schools with diversity and equity initiatives. The rulings block the administration, at least for now, from carrying out efforts to cut off billions of dollars that
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by
At the end of a three-hour hearing last month, Senator Ruben Gallego, Democrat of Arizona, sided with a group of Republicans in a hotly contested debate. He voted to advance the GENIUS Act, a bill backed by the cryptocurrency industry. “It’s clear that digital assets are here to stay,” Mr. Gallego said after the Senate
Investors around the globe this week sent President Trump a clear message about his new tariff policy, announced triumphantly as a remaking of the economic order. They don’t like it. The S&P 500 fell 6 percent on Friday, bringing its losses for the week to 9.1 percent. Stocks hadn’t fallen this far this fast since
The Trump administration threatened on Thursday to withhold federal funding from public schools unless state education officials verified the elimination of all programs that it said unfairly promoted diversity, equity and inclusion. In a memo sent to top public education officials across the country, the Education Department said that funding for schools with high percentages
Reversing course, the Trump administration on Thursday restored funding for Radio Free Europe/Radio Liberty, a federally financed news organization born out of American efforts to counter Soviet propaganda during the Cold War. The decision to again support the news group, known as RFE/RL, came two days after a federal judge in Washington temporarily blocked President
World Liberty Financial, the cryptocurrency company started by Donald J. Trump and his sons, announced on Tuesday that it was planning to sell a digital currency called a stablecoin, deepening the president’s financial ties to crypto as his administration relaxes enforcement of the industry. The stablecoin would be known as USD1, the company wrote in
Columbia University agreed on Friday to overhaul its protest policies, security practices and Middle Eastern studies department in a remarkable concession to the Trump administration, which has refused to consider restoring $400 million in federal funds without major changes. The agreement, which stunned and dismayed many members of the faculty, could signal a new stage