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
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
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
President Trump on Friday is signing the Genius Act, the first major federal law governing cryptocurrencies. The law establishes federal regulations for “stablecoins,” which are viewed as a relatively safe type of cryptocurrency because their value is pegged to fixed assets, like the dollar. The Genius Act passed in the House on Thursday by a
Rep. María Elvira Salazar (R-Fla.) speaks during GRAMMYs Advocacy Day on Capitol Hill on May 1, 2024. Leigh Vogel/Getty Images for Recording Academy Reps. María Elvira Salazar (R-Fla.) and Verónica Escobar (D-Texas), along with 18 other bipartisan lawmakers, introduced a new version of the Dignity Act immigration reform bill on July 15, which seeks to
President Donald Trump signs the Genius Act into law at 2:30 p.m. ET on July 18. The Genius Act establishes a framework for stablecoin issuers, requiring them to back their coins with specific assets, disclose their reserves, and comply with certain regulatory requirements. The bill also provides for federal and state oversight… Original News Source
President Donald Trump signs the Genius Act into law at 2:30 p.m. ET on July 18. The Genius Act establishes a framework for stablecoin issuers, requiring them to back their coins with specific assets, disclose their reserves, and comply with certain regulatory requirements. The bill also provides for federal and state oversight… Original News Source