The Fed’s $2.5 Billion Renovations, Political Fallout—What to Know

The Federal Reserve Bank in Washington on Jan. 14, 2025. Madalina Vasiliu/The Epoch Times The Federal Reserve has been under fire over comprehensive renovations of the U.S. central bank’s headquarters in Washington. President Donald Trump, senior administration officials, and scores of Republican lawmakers have criticized the Fed for overspending on the Marriner S. Eccles Building

As Congress Slashes Funding to NPR and PBS, the Real Losers May Be Far Downstream, Say Experts

The headquarters for National Public Radio (NPR) in Washington on April 15, 2013. Charles Dharapak/AP A major part of the $9 billion rescissions package Congress passed this week is cutting $1.1 billion for the Corporation for Public Broadcasting, which supports NPR and PBS. While the cuts will have an impact, critics disagree on whether the

Trump signs landmark GENIUS Act, hailing “exciting new frontier” for crypto

Washington — President Trump signed a landmark bill to regulate cryptocurrency on Friday, hailing the “exciting new frontier” for the technology one day after the bill passed the House. The legislation, called the GENIUS Act, will be the first major law governing digital currency, establishing a regulatory framework for the $250 billion stablecoin market. Stablecoins