News list for "On Thursday"
In a stunning escalation of US politics, the Justice Department formally indicted former FBI director James Comey on Thursday in what legal experts called a "vindictive" indictment that marks a new phase in Trump's systemic reckoning with his political opponents
The US Senate is scheduled to take a crucial vote on Thursday on the GENIUS stablecoin bill, which requires stablecoins to be fully backed by current assets such as the US dollar and Treasury bills. With 60 votes required to pass, Republicans need to win Democratic support. At present, several Democratic senators have expressed opposition due to foreign investment regulations and insufficient anti-money laundering provisions, and the Republican Party is also divided. At the same time, Democrats ...
According to ABC News, Trump is expected to hold a cabinet meeting on Thursday.
The IRS will cut about 6,700 jobs on Thursday, a person familiar with the matter said, in a restructuring that could strain the agency during the critical tax season. The cuts are all probation period employees who typically work at the agency for a year or two and enjoy fewer job protections than permanent employees. The IRS has about 17,000 probation period employees.
According to the New York Times, the IRS will begin laying off about 6,000 employees on Thursday.
According to the Wall Street Journal, U.S. Vice President Vance said Thursday that the United States will impose sanctions and possibly military action on Russia if Russian President Vladimir Putin does not agree to a peace deal with Ukraine that guarantees its long-term independence. If Russia fails to negotiate in good faith, the option of sending U.S. troops to Ukraine remains "on the table."
Musk on Thursday called for the "removal of all agencies" from the US federal government. Since becoming head of the "Department of Government Efficiency", with Trump's support, Musk has consolidated his control over large parts of government. Musk made the remarks at the World Government Summit in the UAE, wearing a black T-shirt that read "Tech Support". He joked that he was "Tech Support from the White House". "How many agencies does it take to govern a country? 9...
Coinbase Derivatives, a subsidiary of Coinbase, filed a regulatory filing on Thursday to launch new futures contracts for Solana (SOL) and Hedera (HBAR) on or after February 18. The contracts will be cash-settled and settled on a monthly basis.
U.S. stocks closed on Thursday, with the Dow initially closing up 0.92%, the S & P 500 up 0.53% to a record high, and the Nasdaq up 0.22%.
Bowman, the Fed governor, said on Thursday that she supported last month's rate cut as the "last step" in the Fed's monetary policy adjustment and that caution was needed in the future because of rising inflation risks. "We should also avoid prejudging the future policy of the new administration," Bowman said in remarks to the California Bankers Association.
