StablecoinX increases funding to $890M for Ethena’s ENA treasury
The acquisition of Stablecoinx and Tlgy has brought in an extra $530 million to purchase digital assets, marking a total commitment of $890 million in anticipation of the merger and NASDAQ listing. Now known as Stablecoinx Inc., the company aims to hold over 3 billion ENAs, which are the native tokens of the Ethena protocol. […]
Republicans split over approach to government funding as shutdown deadline approaches
House Members Face Disagreements Over Spending Bill Duration In the House, there’s a bit of a clash among members regarding how long the stopgap spending bill should last. This disagreement comes amid concerns about a potential government shutdown, which has been looming for weeks. While Congress is working on determining spending levels for 2026, some […]
UT awarded federal funding to research camp and flood evacuations
University of Texas Researching Camp Evacuations During Floods Austin (KXAN) – Why did certain camps decide to evacuate during the Hill Country flood on July 4? That’s a question being explored by a researcher from the University of Texas in Austin. Governor Greg Abbott is expected to endorse new measures related to camping safety and […]
PBS plans to reduce its workforce by 15%, impacting 100 employees due to funding reductions.
PBS has let go of about 100 employees, which is roughly 15% of its workforce, following the goals pushed by Congress and former President Trump over the years. The public broadcaster confirmed these layoffs on Thursday, attributing them to a significant $500 million drop in annual federal funding that resulted from a Trump-supported withdrawal bill […]
Harvard is now in a significantly stronger position against Trump following the funding decision.
Harvard’s Big Legal Win Against Trump Administration This week, Harvard celebrated a significant legal win when a judge ordered the release of $2.2 billion in frozen funds. This ruling marks a critical moment for both Harvard and the broader higher education sector. The timing is particularly essential, as various universities are currently engaging with the […]
Judge Lifts Trump Administration’s Hold on Harvard’s Federal Funding
A Federal Judge Reverses Trump’s Funding Freeze on Harvard University A federal judge recently overturned the Trump administration’s halt on funding for Harvard University. This move came after the administration took action due to the university’s reluctance to comply with its requests regarding anti-Semitism and changes to its employment policies. U.S. District Judge Alison Burrows […]
Senate Republicans face challenges over Trump funding cuts as the deadline approaches
Senate Republicans Tackle Trump’s $4.9 Billion Foreign Aid Cut and Government Funding Senate Republicans are currently navigating President Donald Trump’s recent decision to cut $4.9 billion in foreign aid while also facing a critical deadline for government funding. Democrats in the Senate have expressed concerns that if Republicans attempt to block congressional funding again—after previous […]
Trump’s $2 Billion Harvard Funding Freeze Overturned by Judge Appointed by Obama
Judge Rules Against Trump Administration’s Funding Freeze on Harvard A federal judge recently determined that the Trump administration’s decision to block federal funds to Harvard was unconstitutional. The administration had removed over $2 billion from Ivy League schools, claiming they weren’t doing enough to combat anti-Semitism and were improperly employing racial preferences in their diversity […]
Court finds Trump illegally ended Harvard research funding
Federal Judge Rules Against Trump Administration Over Harvard Grant A federal judge ruled on Wednesday that the Trump administration wrongfully terminated a $2.2 billion grant to Harvard University, stating that research funding for the Ivy League school cannot be cut. This decision, made by US District Judge Alison Burrows in Boston, is a significant win […]
House GOP funding leader advocates for temporary funding bill until November
Budget Committee Chair Proposes Funding Suspension to Avoid Shutdown On Tuesday, House Budget Committee Chairman Tom Cole (R-Okla.) announced his push for a suspension on fundraising time to address the looming threat of a government shutdown this month and into November. Congress faces the choice of either maintaining government funding until September 30th or risking […]