Trump’s World Liberty Financial Takes a Step Similar to FTX, Loans Against Its Own Crypto Token
The Trump family’s cryptocurrency initiative, World Liberty Financial, is facing significant backlash after the Treasury Department utilized a substantial amount of its WLFI governance tokens as collateral for borrowing stablecoins through connected DeFi lending platforms. This has led to concerns about circular borrowing, a practice historically linked with detrimental outcomes. World Liberty Financial’s treasury wallet […]
Trump’s Small Business Leader Fights Fraud Amid Growing Affordability Crisis
Small Business Administration (SBA) Secretary Kelly Loeffler discussed the Trump administration’s efforts to combat fraud and tackle the affordability crisis in an interview with the Daily Caller News Foundation. Loeffler emphasized the importance of ensuring responsible management of taxpayer dollars. “Our primary duty as SBA administrators is to be good stewards of the American taxpayer,” […]
UK Delays Transfer of Chagos Islands After Trump’s Criticism
(AFP) – The UK has decided not to move forward with plans to return the Chagos Islands, which includes the crucial Diego Garcia military base, following strong opposition from US President Donald Trump, as announced by a government spokesperson on Saturday. “We’ve always maintained that we would only advance with the deal if we had […]
Even $1.5 Trillion May Fall Short of Supporting Trump’s Goals for the Pentagon
President Donald Trump is proposing what may be the largest increase in the defense budget seen in decades. However, it’s uncertain if this boost will adequately address the needs of a military-industrial complex that’s currently engaged in various global conflicts. The proposed budget aims for a significant rise in defense spending by 40% to 44%, […]
California Republicans decide to support governor candidate following Trump’s endorsement of Hilton
California Republican legislators are gearing up for a crucial vote this weekend, aimed at backing a candidate for the gubernatorial position to replace outgoing Democratic Governor Gavin Newsom, who is term-limited. This vote is set to take place this Sunday during the California Republican Party’s annual convention in San Diego. It comes shortly after former […]
Law professors claim Trump’s order on birthright citizenship can be justified
Enactment of the Law on Birthright Citizenship John Yoo, a law professor at UC Berkeley, is weighing in on the Supreme Court’s discussions about President Trump’s executive order concerning birthright citizenship. The justices, including Chief Justice Roberts and Justice Barrett, seemed doubtful about the order’s legitimacy based on a precedent from 1898. Yoo mentioned that […]
Trump’s designs for a ‘Triumphal Arch’ feature a golden Lady Liberty on top of the structure.
Trump’s Proposed “Arc de Triomphe” Design to be Discussed by White House Committee The forthcoming meeting of the White House Committee on Fine Arts (CFA) will decide the fate of the proposed 250-foot-tall “Arc de Triomphe,” a project endorsed by President Donald Trump. The official design proposals were finally unveiled on Friday, piquing public interest. […]
Redistricting vote in Virginia might influence Trump’s next two years
Virginia’s Redistricting Referendum: A Mixed Bag of Reactions Williamsburg, Virginia – This week I crossed paths with Debbie, an 80-year-old great-grandmother of eight, who was outside her hotel enjoying a cigarette. She came from rural Georgia and, in the softest voice, asked me about the “yes” and “no” signs she saw along the road. I […]
Trump’s tariffs may struggle as trade court expresses skepticism
The International Trade Court expressed doubt regarding President Trump’s recent statements concerning tariffs. He has invoked an obscure emergency trade law, claiming it justifies imposing broad 10% tariffs globally. This has sparked a significant legal debate about the president’s ability to enforce substantial import tariffs independently, particularly on numerous trading partners of the United States. […]
Trump’s Justice Department Maintains Biden’s Gun Regulation
The Department of Justice under Trump is aligning itself with the gun control measures from the Biden administration, much to the dismay of Second Amendment advocates. The DOJ plans to uphold Biden’s definition of “frame or receiver.” According to an email from Gun Owners of America, firearm kits often referred to as “ghost guns” will […]