By Zeke Faux, Muyao Shen and Anthony Cormier, Bloomberg One of the Trump family’s crypto ventures has received key behind-the-scenes help from the world’s largest digital-asset exchange, whose founder is a convicted felon now seeking a presidential pardon. Binance wrote the basic code to power USD1, a stablecoin launched by the Trumps’ World Liberty Financial
New York congressional delegation members warned Thursday the Trump administration’s hold on education funding includes more than $400 million in-state — disrupting school planning and threatening teacher training and English language instruction. The 19 Democrats sent a letter to Education Secretary Linda McMahon and the federal government budget office — first shared with the Daily
Top California Democrats say they’ve averted a worst-case scenario for struggling Bay Area transit agencies — but only for now. Tucked into the $320 billion state budget agreement that Gov. Gavin Newsom signed last week is a $750 million loan for four local transit agencies to keep operating while they face massive deficits. The loan
The Friends of Findley State Park, Inc., hosted a root beer float social July 5 and served more than 100 people in an effort to raise funds for the expansive park. “We have really big dreams that seem to be pushed back now,” said Tricia Andel, president of the organization, of recent budget cuts at
WASHINGTON — The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to freeze its funding and cancel related contracts with nonprofits, federal officials said in a court filing. Climate United Fund and other nonprofits in March sued the Environmental
San Rafael has approved $600,000 in allocations to three nonprofits in support of their affordable housing projects in the city. The total outlay from the city’s affordable housing trust fund is $100,000 more than what staff initially recommended. The City Council agreed to kick in the extra money after hearing moving testimony from the applicants.
PORTSMOUTH — With a casino hotel on the way in Portsmouth, city leaders are using grant funding to help market the city as a destination stay in hopes of boosting tourism-related revenue. Portsmouth received two state grants totaling $42,500 to help broaden marketing efforts to areas across North Carolina and Virginia. The grants will help
A proposal to pause a planned tax hike on retail cannabis has set off alarm bells among child safety advocates whose substance use prevention and treatment work depends on funds generated by sales of cannabis products. Industry members say the move, which lawmakers in Sacramento are considering, is necessary to keep struggling retailers afloat. This
A federal judge used an episode from “The Simpsons” to illustrate her ruling that prevents the Trump administration from withholding money approved for states to build charging networks for electric vehicles. Colorado is one of 16 states that recently sued the administration for not releasing billions of dollars authorized under the 2021 Infrastructure Investment and
By WILL WEISSERT, Associated Press WASHINGTON — President Donald Trump took office in January pledging to “make America the crypto capital of the world.” He has since harnessed wide swaths of the federal government to bolster the industry — all while raking in huge sums of money for his family’s business. By some estimates, crypto