Americans didn’t choose Trump to change SALT limits or reform Medicaid.
Republicans Push Back Against Trump’s Agenda Various factions within the Republican Party are signaling that they might obstruct President Trump’s agenda if their demands aren’t met. While some of their concerns might be reasonable, others seem less so. Yet, the underlying message is clear: they want more. This feels all too familiar in D.C. The […]
Iran Confronts the US Without a Backup Plan as Nuclear Limits Clash
US-Iran Tensions Intensify Over Nuclear Enrichment Recent tensions between the US and Iran regarding Tehran’s uranium enrichment have placed upcoming nuclear discussions in jeopardy. According to three Iranian sources, attempts to address long-standing conflicts are lacking a defined alternative plan. As negotiations become more heated, there’s talk that Iran might consider China and Russia as […]
Credit Card Defaults, Balances, Debt Ratios, and Credit Limits in Early 2025: Our Reckless Spendings with Credit Cards
When the free money runs out, the hangover is resolved. Insights from Wolf Richter on Wolf Street. The delinquency rate for credit cards issued by commercial banks, specifically those that are 30 days or more overdue, dropped to 3.05%. This marks the third consecutive quarter of decline, a slight improvement from the first quarter of […]
Visa Limits Imposed on Indian Travel Agents Accused of Supporting Illegal Migration
On Monday, the State Department announced it would impose visa restrictions on “owners, executives, and senior officials” of Indian travel agencies accused of actively promoting illegal immigration to the United States. “Our immigration policy is designed to inform foreigners about the risks of illegal immigration to the United States and hold accountable those who violate […]
Iran dismisses US nuclear limits and commits to ongoing uranium enrichment regardless of reaching an agreement
Iran’s foreign minister has stated that the country will persist with its uranium enrichment efforts, regardless of any potential nuclear agreement with the U.S. Abbas Araguchi expressed his readiness to publicly address U.S. officials’ statements, but emphasized that Iran would stick to its commitment to enrich uranium. He mentioned, “If the U.S. truly aims to […]
The public internet limits blockchain, says DoubleZero CEO
Austin Federa, the co-founder and CEO of DoubleZero, has pointed out that public internet infrastructure poses significant limitations on the speed and performance of high-throughput blockchain networks. In an interview at Consensus 2025, he remarked that the public internet wasn’t designed for high-performance systems. “It was always meant for interaction between a small server and […]
California Governor Newsom Announces Limits on Healthcare Benefits for Undocumented Immigrants
Governor Newsom Faces Backlash Over Health Benefits Proposal California Governor Gavin Newsom’s recent plan to cut illegal foreign health benefits has sparked notable criticism from immigration advocates and some members of his party, while conservatives are not swayed by his attempts to appear more moderate. This move represents a significant shift from the governor’s earlier […]
Lawmakers discuss Medicaid changes and limits on SALT deductions during lengthy and heated markup sessions for Trump’s major legislation.
Late Tuesday night, the markup hearing for Trump’s “Big, Beautiful Bill” continued into Wednesday, focusing on government spending cuts within massive legislation. Specifically, three House committees—Energy, Commerce, and Agriculture—discussed significant elements of the bill. They tackled topics like major Medicaid changes, reforms to the Supplementary Nutrition Assistance Program (SNAP), and the handling of state and […]
New speed limits required for all new cars — will American drivers accept it?
We’ve all been there: driving down the highway, sticking to the speed limit while also considering the traffic, weather, or any road delays. Now, picture this: your car autonomously slows down, imposing speed limits without your input. This isn’t just a futuristic concept; it’s part of a governmental initiative aimed at increasing road safety through […]
Trump said to be thinking about imposing NCAA payment limits via executive order after meeting with coach Nick Saban
President Considers Executive Order on College Sports A recent report suggests that the president is contemplating an executive order aimed at restricting college sports. This came to light after President Donald Trump met with renowned college football coach Nick Saban, who spoke at the University of Alabama during the president’s visit to Tuscaloosa last Thursday. […]