Andrew Ackerman | Washington Post Lawmakers are taking their first step toward putting up guardrails for cryptocurrencies. But as legislation goes, it’s a relatively modest step – and some former regulators warn that the guardrails have big gaps. The framework, which a House committee will take up on Wednesday, would only apply to stablecoins, a
Bitcoin and crypto prices are braced for a shake-up as traders hold their breath ahead of U.S. president Donald Trump’s “Liberation Day” of global trade tariffs—that’s putting Trump on a collision course with the Federal Reserve. The bitcoin price is trading around $85,000 per bitcoin, down from a Trump inauguration peak of almost $110,000 per
RFK Jr. to cut 10,000 jobs at US health department The U.S. Department of Health and Human Services announced that it will cut about 10,000 full-time jobs and close half of its regional offices. Reuters Pennsylvania joined a multistate lawsuit against the Trump administration for cutting billions in state health funding. Pennsylvania state officials say
Good morning. Congratulations to Vice President JD Vance, who sold his home just outside Washington, DC, for $172,000 over the asking price after less than three weeks on the market. The buyer? A former Trump official. In today’s big story, investors are shocked to be battling against President Donald Trump as the stock market closed
Want to comment on this story? Become a subscriber today. Click here. More than two dozen Michigan school districts face the loss of nearly $42 million in reimbursement for federal pandemic relief funds after the U.S. Education Secretary Linda McMahon rescinded a previously set deadline. Michigan education officials said agencies across the country, including the
FRAMINGHAM — “Canceled.” That’s the dreaded word Jean McMurray, executive director of the Worcester County Food Bank in Shrewsbury, saw next to her most recent online order she had made. Last week, the U.S. Department of Agriculture (USDA) Northeast Regional Office confirmed to the state’s Department of Elementary and Secondary Education (DESE) that Massachusetts’ $3.4
Michaela Galligan | Staff Writer On Thursday, March 20, President Donald Trump signed an executive order to dismantle the U.S. Department of Education, following through on his long-standing opposition to the agency. Trump has targeted the department since his campaign citing concerns over bureaucracy and liberal influence. Before the order, his administration had already downsized
A crypto whale is booking millions of dollars in losses after making several Official Trump (TRUMP) trades. According to blockchain tracking platform Lookonchain, the whale’s losses have ballooned to nearly $16 million on his TRUMP memecoin trades this month. “This whale sold 743,947 TRUMP ($7.92 million) at $10.66 [Friday] – taking another $3.3 million loss
Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar His face isn’t on any U.S. bill, but President Donald Trump is becoming the new face of cryptocurrency. His latest venture and
Thailand is a key auto hub in Asia.Yvan Cohen/LightRocket/Getty Images Trump’s 25% tariffs on auto imports stand to impact global carmakers and supply chains. Thailand’s auto exports are expected to be hit, adding to investor gloom and risk. China’s offshore manufacturing facilities could also be impacted. US President Donald Trump’s auto import tariffs are impacting