On November 1st, according to CNN, three European and American officials familiar with the situation revealed that the Pentagon has assessed that providing long-range Tomahawk missiles to Ukraine will not reduce the active inventory of the US military, and then gave the green light to the White House to hand over the final political decision to US President Trump. Trump made it clear at a White House working luncheon with Ukrainian President Volodymyr Zelensky earlier this month that he would no...
According to CNN, three European and American officials familiar with the situation revealed that the Pentagon has assessed that providing long-range Tomahawk missiles to Ukraine will not weaken the active inventory of the US military, and then gave the green light to the White House to hand over the final political decision to US President Trump.
Crypto research firm K33 Research said that the Trump administration's "always back down" (TACO) tariff strategy and the upcoming "One Big Beautiful Bill" budget in the Senate could together trigger wild market volatility in June. The TACO theory is based on the observation of Financial Times columnist Robert Armstrong that after President Trump announces high tariffs, he often withdraws or delays implementation due to market reactions, resulting in...
According to FOX Business reporter Eleanor Terrett, the Senate plans to hold a final vote on a joint resolution on Thursday to repeal the Internal Revenue Service's (IRS) decentralized finance (DeFi) broker rule. Although the joint resolution passed with a bipartisan supermajority on March 4, the Senate had to vote again because of a technical issue. The vote will be the final step before the resolution is sent to Mr. Trump for signature, which could happen as early as Friday.
Mr. Powell will be grilled on multiple fronts as investors look for clues about monetary policy at the hearing, which has received "excessive attention" from Mr. Trump.
The FBI said it was aware of multiple incidents of bomb threats and harassment targeting Trump's nominees for his transition team and was working with law enforcement partners to investigate the incidents. The FBI said it took all potential threats seriously and encouraged the public to immediately report any incidents they deemed suspicious to law enforcement. Earlier, President-elect Donald Trump's transition team announced that several of Trump's cabinet nominees had received violent threats ...
Affected by Trump's announcement of Musk's appointment to head the US Department of Government Efficiency (DOGE), DOGE briefly broke through $0.41, expanding its gain to 7%.
During a Capitol Hill hearing, Democratic Congressman Waters (D-Calif.) used World Liberty Financial, a cryptocurrency lending platform promoted by Trump and his sons, as an example to highlight the heightened risks consumers face in the DeFi space. Last week, Trump's daughter Tiffany Trump and Republican National Committee Chair Lara...
On July 13, Musk donated to a super PAC dedicated to helping Trump enter the White House, in a major move by the world's richest man to make his mark on American politics. According to people familiar with the matter, Musk donated to a low-key group called the "America PAC". It is not clear how much Musk donated, but it is understood that the amount is considerable. The PAC will next release its list of donors on July 15. Musk's donation comes as Trump has surpassed his rival Biden in fundraisin...