In his inaugural address on January 20, Trump said he would direct his cabinet to combat record inflation, and today he will also declare a national energy emergency because the inflation crisis is caused by massive overspending and rising energy prices.
President-elect Donald Trump: Will instruct his cabinet to combat record inflation.
Kenya is preparing legislation to legalize cryptocurrencies, Kenya's Cabinet Minister of Finance John Mbadi said on Friday, marking a major shift in the government's stance. Cryptocurrencies are banned in Kenya, but are still widely used underground by the public to circumvent restrictions. "The emergence and development of virtual assets and virtual asset service providers has brought innovation and dynamic opportunities and challenges to the local and international financial system," Mbadi sai...
The Chief of Staff of French President Emmanuel Macron announced that Bruno Retailleau has been reappointed as the French Ministry of the Interior; Eric Lombard has been appointed as the French Minister of Finance and Economy; Jean-Noël Barrot has been reappointed as the French Minister of Foreign Affairs; and Amélie de Montchalin has been appointed as the French Minister of Budget.
According to Chosun Ilbo, South Korean cabinet ministers have collectively resigned.
According to Yonhap News Agency, the South Korean cabinet has agreed to lift martial law.
South Korean President Yoon Seok-yeok: A cabinet meeting will be held as soon as possible.
CNN: Israeli officials say a meeting of Israel's security cabinet is voting on a ceasefire in Lebanon.
1. Nominate Scott Bessent, the billionaire founder of the global macro investment firm Key Square Group, to be Treasury Secretary. 2. Nominate Lori Chavez-DeRemer, a congressman from Oregon, to be Labor Secretary. 3. Nominate Russell Vought to be director of the White House Office of Management and Budget when he becomes president. 4. Nominate Alex Wong, a former State Department official, to be deputy national security adviser. 5. Nominate Janette Nesheiwat to be director of the U.S. Public Hea...
Market news: Japan's cabinet approves $140 billion stimulus spending.