A significant number of senators, both Republican and Democrat, recently pushed forward a bill to regulate stablecoins. This move, however, has raised eyebrows due to potential conflicts of interest. Sixteen Democratic senators joined their Republican colleagues to advance the Guiding and Establishi
The stock market has been on a wild ride lately. The reason? A mix of President Trump's ongoing trade disputes and a massive spending bill that Republicans are pushing through Congress. This bill could add a whopping 3. 3 trillion dollars to the national debt over the next ten years. That's a lot of
The U. S. President and his wife made a significant move to tackle revenge porn. The president signed a new law to make it a federal crime to share intimate images without consent. This includes AI-generated fake images, known as deepfakes. The law requires websites to remove such content within 48
The US government's borrowing costs have seen a recent surge, reflecting ongoing economic concerns. The interest rate on long-term US government debt briefly exceeded 5% before slightly easing. This spike came shortly after Moody's, a credit rating agency, lowered the US government's credit rating.
A hot debate is unfolding in the Senate over a crypto bill. The Guiding and Establishing National Innovation for U. S. Stablecoins Act, or GENIUS Act, is on the brink of passing. This bill aims to set rules for stablecoins, a type of digital currency with a steady value. It's backed by the crypto in
Monday was a rough day for financial markets. Investors were in a selling mood, dumping U. S. stocks, bonds, and even the dollar. This triple whammy is a clear sign that confidence in the world's biggest economy is waning. The S&P 500 index took an early hit, dropping by about 1 percent in New York
Republicans are hustling to fix their big tax cut and border security plan. They are planning a rare Sunday night meeting to push it forward. This comes after a setback on Friday. The House Budget Committee voted against moving the bill ahead. Five Republicans joined Democrats in voting no. They had
A group of Republicans in the House of Representatives is causing a stir. They are pushing back against President Trump's domestic policy bill. This bill is supposed to be a big deal, but some Republicans are not happy with it. They are worried about the growing national debt. They think the bill do
The governor of Maryland, Wes Moore, recently made a significant decision. He chose to block a law that aimed to address the lasting impacts of slavery and racial bias. This move puts Moore in a unique position among Democratic governors. Most of them have backed similar initiatives in recent times.
Bill Belichick's book tour has been a whirlwind of interviews. Most have been quite tame, but Michael Strahan on Good Morning America managed to ask some tough questions. He started with easy questions about the book, but then he went deeper. Strahan asked what the football coach version of Belichi
