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
By MARY CLARE JALONICK WASHINGTON (AP) — Senate Republicans have blocked an effort by Democrats to temporarily block arms sales to Qatar and the United Arab Emirates in response to President Donald Trump’s dealings in the region. Democrats forced two procedural votes Wednesday to protest Qatar’s donation of a $400 million plane to be used
By BERNARD CONDON, Associated Press Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important that profits. In three hours Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk’s electric vehicle maker plunged more than 14%
By JOSH BOAK, Associated Press 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
By MARI YAMAGUCHI TOKYO (AP) — Japan’s Prime Minister Shigeru Ishiba said Friday that he spoke by telephone with U.S. President Donald Trump and agreed to hold “productive” discussions at an upcoming round of tariff talks between the two sides. “Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop
By LISA MASCARO, Associated Press Congressional Correspondent WASHINGTON (AP) — The Trump administration has frozen, stalled or otherwise disrupted some $430 billion in federal funds — from disease research to Head Start for children to disaster aid — in what top Democrats say is an “unprecedented and dangerous” assault on programs used by countless Americans.
Several nonprofit groups across the country are suing the U.S. Department of Health and Human Services in a bid to restore funding tied to providing legal representation for roughly 26,000 unaccompanied children in the United States, days after the Trump administration moved to cancel such contracts. The federal lawsuit announced Wednesday, March 26, was filed