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Lin-Manuel Miranda‘s father is recounting the time he told his son not to perform a song from Hamilton at the White House. Luis A. Miranda Jr. recently told People magazine that he initially encouraged the Tony winner to perform something “we know works,” specifically a song from his Broadway musical In the Heights, at the…
The White House has withdrawn its nomination for Brian Quintenz to chair the US commodities regulator. Update (Oct. 1, 12:10 am UTC): This article has been updated to add a comment from Brian Quintenz and further information. The Trump White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission. “Being nominated…
The Trump administration last Friday announced a new $100,000 annual levy on H-1B visas, which allow 85,000 skilled foreign workers to enter the U.S. each year. The fee applies to companies hiring these workers, primarily in tech. Veteran venture capitalist Michael Moritz isn’t having it. In a new, scathing Financial Times op-ed, the former Sequoia…
The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news comes during a pivotal — and…
Whether the Fed yields to political pressure or stands firm, inflation looks inevitable. The only variable is speed and what it means for Bitcoin. Key takeaways: President Donald Trump’s push for aggressive interest rate cuts could trigger a surge in inflation, weaken the dollar, and destabilize long-term bond markets. Even without rate cuts, trade policy…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bo Hines, director of White House Crypto Council steps down and Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to…
Hines said he is leaving the crypto advisory group to rejoin the private sector but will continue to support the cryptocurrency industry. Bo Hines, the executive director for the White House Crypto Council, announced he is stepping down on Saturday. Hines said he is stepping down to rejoin the private sector and thanked the crypto…
The CFTC is seeking feedback on how to more effectively regulate spot crypto trading as it moves to implement recommendations from the Trump administration. The US Commodity Futures Trading Commission has launched an initiative to enable the trading of “spot crypto asset contracts” on CFTC-registered futures exchanges. The invitation is part of the CFTC’s “crypto…
David Sacks says fears that AI will overtake human jobs are overblown, while a recent Microsoft study has flagged the top roles at risk. White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human…
Strategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities. Strategy’s Michael Saylor has joined the call for the US to create a formal crypto taxonomy to clearly define when a security can be tokenized and what constitutes a digital…