The bill aims to bring predictability to the stablecoin market with a regulatory system, but Democrats said they want more security-related reforms. WASHINGTON—A group of nine Senate Democrats announced May 3 that they will not support a bill designed to regulate stablecoins in the cryptocurrency industry. Stablecoins are digital assets whose value is fixed in
The coalition seeks a court order to lift the wind permitting halt, while the White House calls the lawsuit a partisan attack on Trump’s energy agenda. A coalition of 18 Democratic-led states filed suit on Monday challenging President Donald Trump’s nationwide suspension of wind energy project approvals, calling it an unlawful and politically motivated blockade
More than 3,800 employees took the first offer back in February, and nearly three times as many took a second offer in April. WASHINGTON—More than 15,000 employees from the U.S. Department of Agriculture (USDA) have accepted a buyout offer from the federal government, resigning or taking early retirement in exchange for months of paid leave
A key focus of the executive order is cutting red tape to shorten the timelines for building new plants. WASHINGTON—President Donald Trump on Monday signed an executive order aimed at boosting domestic production of prescription drugs and reducing America’s dependence on foreign pharmaceutical supply chains. The order directs the Food and Drug Administration (FDA) to
The U.S. government has funded gain-of-function research in China. President Donald Trump on May 5 banned federal funding for gain-of-function research in other countries, including China, just weeks after his administration said that COVID-19 likely came from a Chinese laboratory that received U.S. funding. “It’s a big deal,” Trump said in the Oval Office while
The U.S. government has previously funded gain-of-function research in China. President Donald Trump on May 5 banned federal funding for gain-of-function research in some countries, including China, just weeks after his administration said that COVID-19 likely came from a Chinese laboratory that received U.S. funding. “It’s a big deal,” Trump said in the Oval Office
The FAA told Congress it is reviewing the Army helicopter’s route in the ‘loss of separation’ incident to determine if it violated an agreement. The Army has suspended helicopter flights into and around the Pentagon after an incident last week involving a military helicopter flying close to Ronald Reagan Washington National Airport (DCA) that resulted