August 2, 2025

politics

Investment

Trump touts energy projects at McCormick’s energy, innovation summit

Restarting Three Mile Island: A New Chapter in Clean Energy The owners of TMI say they’re ahead of schedule to reopen the undamaged reactor at the site of the worst nuclear accident in U.S. history. Former President Trump announced over $90 billion in energy and innovation projects for Pennsylvania. Major investments include $25 billion each

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Loans

Senator Markey criticizes Trump’s SBA for curtailing immigrant access to business loans

US Senator Ed Markey this week sent a letter to the US Small Business Administration’s top executive, accusing the agency of playing politics and hampering immigrant access to its loans. Markey, the ranking member of the Senate committee on small business, sent the letter to Administrator Kelly Loeffler; it was cosigned by his counterpart in

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Funds

Keith Ellison joins lawsuit against Trump administration over frozen education funds in Minnesota – Twin Cities

Attorney General Keith Ellison announced Monday that Minnesota has joined a coalition of 23 attorneys general and two states in suing the Trump administration over alleged frozen funding administered by the U.S. Department of Education. Over $70 million in education funding for Minnesota is “believed to be” frozen by President Donald Trump’s administration, and $6.8

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Funds

California sues Trump over $900 million in frozen funds

California Attorney General Rob Bonta joined officials from 23 other states and the District of Columbia in suing the federal government Monday for the release of more than $6 billion in federal education funding that they say never arrived, including $939 million for California. Bonta, a Democrat, filed the legal challenge in the U.S. District

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Funds

25 states, and Delaware, sue Trump over frozen $6.8 billion to schools

Trump’s admin freezes $6.8 billion in education grants for schools The Trump administration has moved to freeze $6.8 billion in education funds nationwide, with at least $811 million of that from California. unbranded – Newsworthy Delaware has joined another lawsuit against the Trump administration over education issues. This time, on July 14, Attorney General Kathy

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Funds

Trump freeze puts $6M in school funds at risk in the Coachella Valley

The federal funding freeze could cost the Coachella Valley’s K-12 school districts at least $6 million, forcing districts to dip into reserves and rethink staffing. How are schools funded in California? Here’s what you need to know An overview of the funding sources for K-12 schools in California, including the Local Control Funding Formula, local

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Crypto

Even crypto execs fall for crypto scams

It’s not every day you hear of cryptocurrency executives falling for crypto scams, but here we are. A complaint filed by the Department of Justice appears to reveal that a pair of MoonPay executives lost $250,000 worth of Ethereum when donating to what they thought was President Donald Trump’s inauguration, as first reported by NOTUS.

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Crypto

Binance aided Trump family’s crypto firm before founder Changpeng Zhao sought pardon – The Mercury News

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

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Investment

Trump’s tax law expected to spur U.S. factory investment but tariffs pose risks

Mark Niquette and Michael Sasso  |  Bloomberg US manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment. Many producers this year had put spending plans on hold due to uncertainty surrounding the tax and spending legislation

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Crypto

Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge

Bitcoin is surging once again. And this time, the climb feels different. The world’s largest cryptocurrency continued its dizzying ascent on Friday, smashing through multiple symbolic price thresholds in a matter of hours and setting a new all-time high for the second consecutive day. After crossing $112,000 on Wednesday, Bitcoin has barely paused. On Thursday

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