Stablecoin legislation advances in Senate, moving closer to a final vote
Senate Advances Legislation for Stable Payment Coins The Senate has taken a significant step, voting to advance a bill aimed at creating a regulatory framework for stable payment coins. This brings the cryptocurrency legislation closer to a final vote. Seventeen Democrats joined nearly all Republicans in a vote to end debate on the revised version […]
Texas Legislation Mandating Sheriff’s Cooperation with ICE Advances Towards Governor’s Approval
Texas Legislature Moves Forward with ICE Cooperation Bill The Texas Legislature is advancing a measure that would require sheriffs in the state’s largest county to form a cooperation agreement with U.S. Immigration and Customs Enforcement (ICE). Earlier in April, the Texas Senate approved SB8, and this past Saturday, the House conducted a third reading of […]
Controversy in California racing increases as transgender athlete advances to state championship
A trans athlete, assigned male at birth, is set to compete in the Women’s Long Jump and Triple Jump State Championships in California next week. This individual triumphed at the California Interscholastic Federation (CIF) Track Championship Masters Qualifiers, winning both events. In the triple jump, the winning distance was 40-04.75, while the second-place finish was […]
US Mint advances plan to eliminate the penny
U.S. Mint to Cease Penny Production Washington – The U.S. Mint has issued a final order for penny blanks and will stop coin production once they are depleted, Treasury officials confirmed on Thursday. This decision is influenced by the rising costs of penny production projected for 2024. Halting penny production is expected to save the […]
Stop wasting money: US Mint advances plans to eliminate the penny
Penny Production Halted by Treasury Department WASHINGTON — The Trump administration has declared that continuing to produce pennies is no longer viable. The US Mint has been instructed to stop manufacturing pennies, as confirmed by Treasury officials on Thursday. This decision comes after production costs surged in 2024. By ceasing penny production, the Treasury aims […]
Rep. Mike Lawler highlights $40K SALT deduction limit for New York as House advances Trump’s tax plan
Rep. Mike Lawler Celebrates Significant Tax Credit Increase WASHINGTON – Rep. Mike Lawler (R-NY) is marking an 11-hour agreement that brings a 400% increase in state and local tax (SALT) credits, part of President Trump’s “one big beautiful bill.” “For the middle class, this represents a true win, particularly in places like New York,” Lawler […]
US Senate advances GENIUS stablecoin legislation
US Senate Advances Stablecoin Regulation Bill Update (May 20, 3:17am UTC): The following article includes updated statements from Senators concerning the Genius Act. The US Senate has voted to move forward with a significant stablecoin regulation measure after prior attempts to advance it were blocked by a Democratic senator, who raised concerns about President Donald […]
Details on Overtime Tax Exemption Uncovered as GOP Tax Bill Advances
Donald Trump’s commitment to removing taxes on overtime pay might soon be realized, thanks to a significant bill introduced by House Republicans on Monday, which will be reviewed by the Ways and Means Committee on Tuesday. This proposal, called “The Big, Beautiful Bill,” aims to extend some of the tax cuts initiated by Trump in […]
Raducanu prepares for Gauff match after comeback victory, while Draper advances in the tournament.
By the end of a tense opening set in Rome on Sunday, Emma Raducanu had plenty of reasons to feel downcast. Despite elevating her game and being close to taking the set, she found herself, once again, facing defeat. However, rather than succumbing to frustration, Raducanu maintained her composure and strategized her way to victory. […]
UK aircraft components excluded from Trump tariffs as US trade agreement advances
Reports indicate that certain UK plane components are likely to be exempt from US import duties due to an evolving trade deal with the Trump administration. US Secretary of Commerce Howard Lutnick noted that, under this agreement announced last week, Rolls-Royce and similar aircraft engine parts can enter the US market without facing tariffs. Interestingly, […]