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Office of Management and Budget memorandums lay out details for implementing US President Donald Trump’s executive order prioritizing US development of artificial intelligence. The US Office of Management and Budget (OMB) issued two directives specifying policies and deadlines for deploying AI tools that enhance public services, providing a roadmap for implementing US President Donald Trump’s…
Bitcoin adds gains as US stock markets drop a record $3.5 trillion in value and Federal Reserve Chair Jerome Powell warns of “higher inflation and slower growth.” As stock markets crumbled for a second day on April 4, US Federal Reserve Chair Jerome Powell said that the Trump administration’s “reciprocal tariffs” could significantly affect the…
Starting Wednesday, Meta says it will begin combining the Instagram accounts of the Second Lady of the United States, Usha Vance, and the former Second Gentleman of the United States, Doug Emhoff. As a result, the 1.2 million people who were previously following the Instagram account of Kamala Harris’s husband, @secondgentleman46archive (recently archived by the…
Bitcoin price slips below $82,000 as investor anxiety shows up in US stock futures markets. Will BTC close the month above $80,000? Bitcoin looks set for a bearish open to mark the last trading day of March and possibly the weakest Q1 performance since 2018. Crypto and stock traders’ anxiety over US President Donald Trump’s…
US President Donald Trump is expected to sign off on undoing a Biden-era rule that would require DeFi protocols to report to US tax authorities. The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head…
Dana Carvey did leave his impressions at home when he went on Real Time With Bill Maher Friday night. When Carvey sat down with Bill Maher, he did his impressions of President Donald Trump and Elon Musk. However, he noted how he’s still “working on” nailing his Musk one. “So, Trump’s there, and he’s got…
Bitcoin holds the steady near $85,000 as the Coinbase Premium returns and positive comments from the Fed and President Trump add to traders’ confidence. Bitcoin (BTC) price rallied to an intraday high of $87,453 in the early hours of the NY trading session but quickly retraced its gains to $83,655 shortly after US President Donald…
President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment. United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated…
Donald Trump’s advisers said they would recommend the US President sign a resolution repealing the IRS rule into law if passed by the House and Senate. David Sacks, the AI and crypto czar in the Trump administration, said the White House will support congressional efforts to rescind the Internal Revenue Service (IRS) decentralized finance (DeFi)…
People working for, or with, Elon Musk are reportedly taking over the inner workings of multiple government agencies, including the Office of Personnel Management, the Treasury Department, and the General Services Administration. The Washington Post reported Friday that the highest-ranking career official at Treasury is leaving the department after “a clash” with people working for…