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5 key points from the House approval of Trump’s major legislation

House Republicans advanced significant measures early Thursday that align with Trump’s tax goals, featuring notable cuts to Medicaid, food stamps, and additional partisan provisions. This extensive bill, exceeding 1,000 pages, underwent overnight adjustments to satisfy both moderate and hardline conservatives within the GOP. It proposes substantial tax reductions and aims to cut spending by $1 […]

How Trump’s major legislation is impacting the bond market

The recent House Republican bill lacks clear cost estimates and may undergo significant changes in the Senate. Nevertheless, it’s already causing a stir in the global financial markets. As the bill advanced, US bonds were sold off, which could potentially increase the national deficit by trillions. The deficit has been around 120% of GDP since […]

New legislation seeks to prevent China from using other nations to bypass Trump’s tariffs

Republicans Target China’s Tariff Avoidance Republicans are focusing on China’s attempts to bypass US tariffs by relocating production abroad. This initiative was unveiled on Thursday by House Budget Chairman Joe Arrington from Texas. The Non-Market Tariff Avoidance (ANTE) Act aims to curb subsidies and the activities of state-owned enterprises that establish operations in other countries […]

Trump’s ‘grand, impressive legislation’ gets approved by House in strong win for GOP leaders

Trump’s “One Big Beautiful Bill” Passes House Amid GOP Turmoil President Donald Trump’s “one big beautiful bill” cleared the House early Thursday morning, facing significant backlash from some Republican members. It’s a noteworthy achievement considering the deep divisions within the House GOP. This legislation is a sprawling multi-trillion dollar proposal aimed at advancing Trump’s priorities […]

David Sacks, the White House crypto advisor, claims that the stablecoin legislation will free up ‘trillions’ for the U.S. Treasury.

Trump’s Advisor Discusses Crypto Legislation During an event at the White House on March 7, 2025, President Trump was seen with his top advisor on cryptocurrency and AI, David Sachs. Sachs expressed optimism regarding upcoming legislation aimed at cryptocurrency, suggesting that it could earn vital bipartisan support in the Senate. He believes this would, in […]