A recent enforcement action suggests a new approach to regulating cryptocurrency. The 2024 U.S. presidential election and recent judicial decisions have prompted a reevaluation of administrative authority within federal agencies. Recent U.S. Supreme Court decisions have signaled limits to regulatory overreach, a theme echoed in the 2024 district court decision in Securities and Exchange Commission
The feud between Elon Musk and Donald Trump seems to have gone from a full boil to a simmer over the weekend, but don’t rule out the possibility of the heat getting turned up again. In a conversation with NBC News, Trump said he has no interest in making nice with Musk right now, but
The United States has levied sanctions against over 30 individuals and entities implicated in an Iranian “shadow banking” network, Reuters reports. The US Treasury Department announced Friday that this network has laundered billions of dollars through the global financial system, serving as a critical financial artery for the Iranian regime. The sanctions target Iranian nationals
Big players in the crypto industry are in Las Vegas this week for the Bitcoin 2025 conference, which is billed as “the world’s largest Bitcoin event.” Among the speakers are Vice President JD Vance and the White House’s AI and Crypto Czar, David Sacks — another very public signal of the Trump administration’s embrace of
Vice President JD Vance is speaking Wednesday at a Bitcoin conference, marking the Trump administration’s latest overture to the cryptocurrency industry — a once-fringe business that President Trump and his allies have embraced in recent months. Vance is set to speak at noon ET at the Bitcoin 2025 Conference in Las Vegas. A longstanding backer
National Public Radio filed suit against the Trump administration on Tuesday for its move to withhold funds approved by Congress. NPR filed the suit along with three Colorado public radio stations in response to President Donald Trump’s executive order to end funding for NPR and PBS, the Public Broadcasting Service. The lawsuit states the Trump
Last night, Donald Trump hosted 220 of the biggest suckers you know for dinner. As part of a promotion for his cryptocurrency memecoin $TRUMP, the President of the United States let the top bag holders of his coin come hang out, including offering a private VIP reception with the 25 biggest “investors.” According to the
Santa Clara County and San Francisco, along with seven other local governments, are asking a federal judge to block the U.S. Department of Housing and Urban Development from placing “unlawful” conditions on federal funds — stipulations that could put millions of dollars to address homelessness at risk. The lawsuit, which is being led by King
Trump administration begins sending default student loans to collections Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. Updated: 5:20 AM CDT May 5, 2025 Washington Bureau Reporter The Department of Education will begin reporting defaulted student loans to collections agencies starting
President Trump’s venture into crypto products has increased his family’s wealth by billions in the last six months, according to a new report, as his administration continues to loosen the federal government’s regulatory approach to the digital currency industry as a whole. The group State Democracy Defenders Action estimated in a new report that the