July 22, 2025

Legislation

Crypto

House sends cryptocurrency bills to Trump

The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the three bills, legislation to regulate a type of cryptocurrency called stablecoins, had already passed the Senate with

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Crypto

New Crypto Law Unlocks Cheaper, Faster Money for Everyone

For more than a decade, cryptocurrency lived in legal limbo. It was too weird to regulate, too volatile to trust, and too new for Washington to take seriously. That just changed. The U.S. House of Representatives has passed the GENIUS Act, the first major federal law regulating stablecoins, digital currencies backed by the U.S. dollar.

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Crypto

House sends bill regulating stablecoins to Trump

WASHINGTON (AP) — The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins, had already passed the Senate

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Crypto

House votes on cryptocurrency bills aimed at legitimizing the industry

WASHINGTON (AP) — The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins,

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Funds

Trump’s bid to claw back $9B in foreign aid and public broadcasting funds nears Senate vote – WHIO TV 7 and WHIO Radio

WASHINGTON — (AP) — President Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending is nearing passage in the Senate, an action that would have a tiny impact on the nation’s rising debt but could have major ramifications for future spending fights in Congress. Spending bills generally need bipartisan

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Crypto

Democrats are drawing closer to the crypto industry despite Trump divisions

WASHINGTON (AP) — As President Donald Trump builds a crypto empire — including hosting a private dinner with top investors at his golf club — Democrats have united in condemning what they call blatant corruption from the White House. But the Democratic Party’s own relationship with the emerging crypto industry is far less cut and

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Investors

Can Trump fix the national debt? Republican senators, many investors, and even Musk have doubts.

“All of this rhetoric about cutting trillions of dollars of spending has come to nothing — and the tax bill codifies that,” said Michael Strain, director of economic policy studies at the American Enterprise Institute, a right-leaning think tank. “There is a level of concern about the competence of Congress and this administration and that

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Investors

Elon Musk, Republican senators, many investors have doubts that Trump can fix national debt

The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. White House press secretary

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Investors

Can Trump fix the US debt? Even Elon Musk has doubts

WASHINGTON (AP) — President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package. The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised. “All

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Investors

Trump’s big, beautiful tax bill has investors concened about debt

It’s the second stretch this spring that stocks and bonds, along with the dollar, have slumped in sync — a rare trifecta we last saw in April when Trump’s tariffs spooked investors. “They were getting yippy,” Trump said of investors as he explained his decision last month to delay so-called reciprocal tariffs, a move that

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