Trump’s Bitcoin Executive Order Explained—How Strategic Reserve Will Work
On Thursday, President Donald Trump signed an executive order establishing a national Strategic Bitcoin Reserve, as well as a separate Digital Asset Stockpile. Why it matters The decision represents a significant shift in U.S. crypto policy, indicating that the decentralized digital currency has shed its past political stigma and, according to Thursday’s directive, will position […]
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Donald Trump Issues New Executive Order on DOGE: What We Know
President Donald Trump has signed an executive order intended to give the Department of Government Efficiency (DOGE) more power to gut federal agencies and slash government spending. Newsweek reached out for comment to the White House via email on Wednesday night. Why It Matters Trump established DOGE by executive order on the first day of […]
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Trump Asks Supreme Court To Block Order To Release $2 Billion In Aid
The Trump administration made a last-ditch appeal to the Supreme Court on Wednesday evening to avoid having to release $2 billion in foreign aid. The Context The aid was blocked after President Donald Trump signed an executive order his first day in office ordering the funding freeze while his administration scoured the U.S.’s spending for […]
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Social Security Shuts ‘Wasteful’ Department After Trump Order
The Social Security Administration (SSA) has announced further closures to some of its operations as work to reduce the size of the federal government continues under the Donald Trump administration. Why It Matters Numerous federal government agencies are undergoing significant changes following Trump’s executive order establishing the Department of Government Efficiency (DOGE). The order directs […]
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Rudy Giuliani Holds Luxury Watches, Mercedes Despite Court Order
Rudy Giuliani is still holding on to his Mercedes car and luxury watches despite a court order to hand them over, his lawyer has said. The former New York mayor is being forced to transfer his possessions to a receivership controlled by two Georgia election workers. In December, 2023, a Washington, D.C. jury awarded Ruby […]
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