Trump Signs Bill Overturning Expanded IRS Crypto Broker Rule

The Biden-era rule would have drastically expanded tax reporting requirements for digital asset transactions. President Donald Trump on Thursday signed into law a resolution overturning a Biden-era rule from the IRS that expanded the definition of a broker to include decentralized cryptocurrency exchanges. Rep. Mike Carey (R-Ohio) introduced the Congressional Review Act disapproval resolution that

Health Secretary Shares Concerns About Efficacy of Novavax COVID-19 Vaccine After FDA Delay

Robert F. Kennedy Jr. said the vaccine is not effective. Health Secretary Robert F. Kennedy Jr. said in a new interview that Novavax’s COVID-19 vaccine is not effective, his first comments since regulators missed a deadline to approve the shot. “We’re looking at that vaccine. It is a single antigen vaccine, and for respiratory illnesses,

Pentagon Terminates $5.1 Billion Worth of Consulting and IT Contracts

The latest round of contract terminations will bring the Department of Defense’s total spending cut to nearly $6 billion, the Pentagon chief said. The Department of Defense (DOD) will cut $5.1 billion in consulting and IT contracts that Pentagon Chief Pete Hegseth deemed are non-essential, according to an April 10 memo. In the memo, Hegseth

Musk Says DOGE Expects to Save $150 Billion by Reducing Waste, Fraud

‘It’s as the military would say, target-rich environment,’ Musk said, referring to the alleged fraud and waste in the federal government. Elon Musk said on Thursday that he expects the Department of Government Efficiency (DOGE) to save $150 billion from the federal budget in fiscal year 2026. Musk said in March that he was confident

Judge Denies Trump’s Bid to Dismiss ‘Central Park Five’ Defamation Case

The judge dismissed the plaintiffs’ claim for intentional infliction of emotional distress. A federal judge on Thursday denied President Donald Trump’s bid to dismiss a defamation lawsuit brought by five black and Hispanic men, who became known as the “Central Park Five” after they were wrongly convicted for a 1989 rape case and later exonerated.