The Trump administration has recently suggested changes to the rules that protect endangered species. These changes aim to loosen the regulations that were strengthened under the Biden administration. The goal is to make things easier for businesses, as Trump has often criticized what he sees as excessive federal regulations. The Interior Department explained that t...
The U. S. Consumer Financial Protection Bureau (CFPB) has decided to cancel a plan to keep track of non-bank financial companies that break the rules. This idea was first proposed during the Biden administration to help catch and stop repeat offenders. But now, the CFPB says the costs of keeping this registry are too high and don't really help the public. This chang...
President Donald Trump has found a new way to make money while in office. He is using his position to boost his crypto ventures. It all started with a dinner at his golf club in Virginia. Trump invited the top buyers of a crypto token called $Trump. These buyers paid millions to attend. The dinner and a White House tour the next day brought in about $148 million for ...
The world of crypto has seen a massive change in the United States. For a long time, crypto was seen as a risky and shady investment. It was popular among tech enthusiasts and criminals alike. The market was known for its extreme highs and lows. Just two years ago, the top crypto exchange, FTX, crashed, sending its CEO, Sam Bankman-Fried, to prison. Now, things are ...
Food coloring is about to get a big makeover. Robert F. Kennedy Jr. has a plan to remove eight common food dyes from the market. These dyes are made from petroleum and are found in many everyday foods. The Department of Health and Human Services made this announcement on Monday. The details of the plan will be shared at an event in Washington on Tuesday. The goa...
The Consumer Financial Protection Bureau (CFPB) is facing a major overhaul. A significant number of its employees received termination notices. This move is part of a broader plan to reshape the agency, which was established to protect consumers from unfair financial practices. The CFPB has been active in the past decade. It has taken legal action against major comp...
The Trump administration is pushing a strategy that could undo hundreds of state-level bans on harmful chemicals in everyday items. These bans cover a wide range of products, from children's toys to personal care items, and even clothing. The goal? To make it easier for companies to use these chemicals without much oversight. The move could lead to higher exposure t...
A big idea is on the table. The president wants the US to create a huge stash of cryptocurrency. This plan was announced in a pair of social media posts. The first post mentioned three smaller cryptocurrencies - XRP, Solana, and Cardano, which briefly caused their prices to spike. Later, he included the big names, Bitcoin and Ether. This idea isn't new. It's...