John Kennedy | Capital Bureau | USA TODAY NETWORK – FLORIDA What is the Senate’s Genius Act? The Genius Act, along with other crypto bills, will be reviewed by the House during “Crypto Week.” Two Florida representatives elected with support from the cryptocurrency industry are expected to back a new crypto regulatory bill. The GENIUS
Bitcoin at all-time high as lawmakers focus on pro-crypto legislation President Donald Trump, once a crypto skeptic, has become a major promoter of the industry. Scripps News Bitcoin leapt past $120,000 for the first time on Monday, marking another milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which
Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical
Hannah Natanson and Jeff Stein | Washington Post U.S. Rep. Nancy Mace (R-South Carolina) privately asked the Trump administration last week to release funding for a Mercedes-Benz plant to convert to the production of electric vehicles, according to a letter obtained by The Washington Post. In a two-page letter to Energy Secretary Chris Wright, Mace
The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate
Gov. DeWine explains why child care is a budget priority Gov. Mike DeWine held a news conference Monday to unveil his budget recommendations. He opened his conference speaking about how the state can fund child care. Ohio Attorney General Dave Yost urged Gov. Mike DeWine to veto a provision in the state budget that would
‘See you in the woodchipper,’ ex-USAID staffers tell Musk — 2:00 p.m. By the Associated Press A social media account run by recently terminated staffers of the US aid agency that Elon Musk helped destroy had parting words for Musk Friday after his public falling-out with President Donald Trump. “We’ll see you in the woodchipper,”
Bram Berkowitz | The Motley Fool White House claims ‘Big Beautiful Bill’ won’t raise deficit White House Press Secretary Karoline Leavitt said the ‘Big Beautiful Bill’ won’t raise the deficit, but nonpartisan analysts say otherwise. The U.S. House of Representatives has unveiled a legislative package dubbed “One Big, Beautiful bill,” a phrase President Donald Trump
The House Education and the Workforce Committee advanced a new proposal this week that, if enacted, could drastically reshape how Americans pay for college, with reforms to federal student loans and financial aid programs. Why It Matters More than 40 million Americans hold federal student loan debt, per Education Data Initiative. For some, repayment of
Want to set up a new business or pay a Bureau of Motor Vehicles fee? You might soon be able to pay in Bitcoin or other cryptocurrency Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general