Donald Trump News

President Joe Biden has unleashed a flurry of election year rules on the environment as he tries to secure his legacy

STRESA, Italy—The U.S. and its allies are moving toward an agreement on a novel financing plan that would provide Ukraine with up to $50 billion, though Western officials are still working through important details on the use and structure of the funds. The idea relies on the investment returns—mainly interest payments—generated by the roughly $300 billion in Russian sovereign assets that the U.S.

The world’s three dominant economies are entering a combative phase that threatens to deepen fractures and challenges decades of free-market orthodoxy as the US uses trade weapons borrowed from China’s playbook, leaving Europe with big decisions to make.

Then-President Donald Trump fired the first shots with tariffs on China seven years ago, and then Joe Biden ushered America into the new industrial policy age. Stage three, punctuated by Biden’s latest round of duties on Chinese imports, builds on the first two: using tariffs to defend US interests, with subsidies now at the core of policy and without fear of retaliation. The $31 trillion arena of international commerce has withstood a series of shocks in recent years, including the US-China trade war. This time, the linchpin is the European Union — caught between preserving its self-styled role as defender of multilateral rules and fearing the loss of millions of jobs and tens of billions in investment while the US and China wield market-distorting subsidies and tariffs.

Republican presidential candidate Donald Trump claimed without evidence on Thursday that immigrants from Africa, the Middle East and elsewhere were «building an army» to attack Americans «from within,» once again using inflammatory rhetoric about migrants in the U.S. illegally. During a rally in the mainly Hispanic and Black neighborhood of New York City's South Bronx, Trump sought to portray migrants from China, the Democratic Republic of the Congo and other countries as a violent threat, even as studies show immigrants are not more likely to engage in criminality.

Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has purchased a minority stake in BuzzFeed

The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry.

Republican Party presidential candidate Nikki Haley said on Wednesday she will vote for former US President Donald Trump over US President Joe Biden in November, The Hill reported. In her remarks at the Hudson Institute, Haley stated she prioritises a president who will hold enemies to account, secures the border and back"capitalism and freedom." She noted that while «Trump has not been perfect on these policies», however, «Biden has been a catastrophe.»

US Elections 2024: Donald Trump pledges to roll back Joe Biden's gun regulations“Having said that, I stand by what I said in my suspension speech," Haley added. "Trump would be smart to reach out to the millions of people who voted for me and continue to support me and not assume that they're just going to be with him.

President Joe Biden’s election campaign team is calling for financial aid to keep up with his Republican, competition, who he says is backed by the wealthy crypto industry.

The Financial Innovation and Technology for the 21st Century Act (FIT21), if passed, would establish a regulatory framework for digital assets, covering areas such as consumer protections, the use of crypto in illicit finance.However, SEC chair Gensler warns that the bill would remove investment contracts that are recorded on a blockchain from the statutory definition of securities."Further, by removing this set of investment contracts from the statutory list of securities, the bill implies what courts have repeatedly ruled - but what crypto market participants have attempted to deny - that many crypto assets are being offered and sold as securities under existing law," says Gensler.The Biden administration has also come out against the bill, saying that, in its current form, it "lacks sufficient protections for consumers and investors who engage in certain digital asset transactions".Continues the statement: "The Administration looks forward to continued collaboration with Congress on developing legislation for digital assets that includes adequate guardrails for consumers and investors while creating the conditions needed for innovation, and further time will be needed for such collaboration."In contrast, Republican presidential candidate Donald Trump and major crypto firms including Gemini, Kraken, Coinbase and the Digital Currency Group all back the bill.Glenser adds: "The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear. It’s because many players in the crypto industry don’t play by the rules.

Donald Trump’s presidential campaign will begin accepting donations in cryptocurrency, the presumptive Republican presidential nominee’s campaign says

VanEck’s spot Ether exchange-traded fund (ETF) has now been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol “ETHV.”

WASHINGTON–The share of U.S. adults who said they were doing OK financially fell last year, underscoring one of the key hurdles to President Biden’s re-election hopes. The Federal Reserve said Tuesday that 72% of respondents to its annual survey of financial well-being said they were “doing at least OK" in 2023.

President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation

Donald Trump has reportedly become the first presumptive Republican presidential nominee to accept cryptos for official campaign donations.

Donald Trump's presidential campaign on Tuesday announced that it will start accepting donations through cryptocurrency, a digital asset that can be traded over the internet without relying on the global banking system. Trump campaign has already introduced a fundraising page that enables "any federally permissible donor" to contribute to its political committees using any crypto asset supported by the Coinbase cryptocurrency exchange, AP reported. Currently, Trump's campaign is accepting various popular cryptocurrencies including Bitcoin, Ether US Dollar Coin, and the low-value coins that tend to be popular with Internet personalities like Shiba Inu Coin, and Dogecoin.

Americans may have a worsening view of the economy, but their personal financial well-being hasn’t changed much last year in an annual survey by the Federal Reserve. 

Donald Trump's defense team rested its case in the criminal hush money trial on Tuesday without calling the former U.S. president to testify. Trump's lawyers called two witnesses in his defense. Justice Juan Merchan said jurors would return next Tuesday to hear closing arguments, with deliberations likely beginning the following day.

Ali Abbasi, Sebastian Stan, Martin Donovan and Maria Bakalova walked the Cannes red carpet for the premiere of 'The Apprentice', a political drama, based on the life of former US President Donald Trump, who is gearing up to contest the 2024 US Presidential Election. After the film premiered at the 77th Cannes Film Festival, it received a wild standing ovation for almost eight minutes. Stan received the loudest applause for his transformative performance as Trump. The audience cheered and clapped for long. Director Abbasi warmly hugged his cast members. Cate Blanchett, sitting just in front of the director and crew, jumped up and applauded, and embraced Bakalova.

Trump Media and Technology Group, the owner of social networking site Truth Social, lost more than $300 million last quarter