Assorted Cryptocurrency emblems Image by Canva Treasury Secretary Scott Bessent declared an end to the “four-year siege” on cryptocurrency, unveiling a sweeping federal report that charts America’s path to becoming the world’s crypto capital. Speaking at the White House, Bessent announced over 100 regulatory and legislative recommendations aimed at reversing what he called the previous
El Salvador’s Legislative Assembly approved changes to the country’s constitution on Thursday that will extend presidential terms from five years to six and abolish term limits. That means President Nayib Bukele, a far-right crypto enthusiast who’s allied with President Donald Trump, could potentially stay in power for the rest of his natural life. First elected
The GENIUS Act: A New Era in U.S. Crypto Regulation originally appeared on L.A. Mag. The U.S. Department of the Treasury’s Treasury BuildingCourtesy rrodrickbeiler via Adobe Stock Meet the stablecoin: the dollar-pegged digital asset quietly powering payments and blockchain infrastructure across the digital economy. What happens when Washington draws a legal line around it? That’s the question
President Trump told reporters that India may be hit with a tariff rate of 20% to 25% and cautioned that the final levy still hadn’t been decided. This news comes days before Trump’s Aug. 1 deadline, when nations who have not yet reached a deal will face higher tariffs. “I think so,” Trump told reporters
President Trump last week touted a $550 billion investment in the US that Japan made as part of trade negotiations “to lower their tariffs a little bit,” as he described it. On Saturday, Japanese trade negotiator Ryosei Akazawa suggested the money could be used to help finance a Taiwanese chipmaker building plants in the US,
Some Colorado school districts are planning to dip into reserves to pay staff and keep programs going next school year while others are in a holding pattern weeks before school opens, waiting to see if the federal government will release millions of dollars in frozen federal funds. The Trump administration was expected to release nearly
This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters. By Kalyn Belsha, Chalkbeat Federal funds for before- and after-school programs that were frozen for weeks will start flowing to states, a senior official with the Office of Management and Budget confirmed Friday. The budget office has finished reviewing the 21st
The Trump administration has frozen some $6 billion intended for education programs across the U.S. to ensure states and school districts align with the president’s priorities. Around two dozen states are now suing to get the money back.Some of the funding at stake impacts after-school and summer programs that nearly 1.5 million children across the
Bitcoin enthusiasts have been perplexed lately. Why is the price so stagnant, even with all the hype created by guys like President Donald Trump? The White House has largely been seen as enacting a pro-crypto agenda and even got its first crypto czar in David Sacks, after all. You’d think prices would be soaring. Well,
The Trump administration on Monday moved to withhold a projected $6.8 billion nationwide in education funds — including at least $811 million from California — money appropriated by Congress to boost teacher training, after-school programs and classroom technology and to help students who are learning English and those who are from migrant families. Although the