Joe Biden News

U.S. President Joe Biden released his 2025 budget proposal on Monday featuring a number of provisions aimed at altering the cryptocurrency industry, including a wash sale rule for digital assets and an excise tax for crypto mining operations.

The DOL continued its fast-track pace on its fiduciary rule, sending a final version to the White House last week that will likely be released in a matter of weeks.

By David Lawder

President Joe Biden’s budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight set to consume Washington next year.

export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, US commerce secretary Gina Raimondo said Monday. «Technology is changing faster than ever, which means we have to wake up every day and ask ourselves, 'are we doing enough?' My job is to protect the American people and to make sure there are no sophisticated technology that we have, that China doesn't have, that they can't access it and use it to enable the Chinese military,» Raimondo said. The U.S. would continue to sell semiconductors worth billions of dollars to China, Raimondo said.

Donald Trump defended his plan to increase tariffs on Chinese imports if elected for a second term, saying he did not mind if China retaliated with tariffs of its own on US goods. «That's OK, they might do that, but they didn't do that with me,» he said.

By Trevor Hunnicutt and David Lawder

By Francesco Guarascio

holy month of Ramadan, significant for Muslims, usually sees heightened tensions in the region. Clashes have historically erupted during this time, particularly in Jerusalem's Old City, a site sacred to Jews, Christians and Muslims.

President Joe Biden is all-in on calling out “shrinkflation.”

The Senate has approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal agencies

TikTok once again finds itself in a precarious position

President Joe Biden has signed into law a package of spending bills passed by the Senate in time to avoid a shutdown of many key federal agencies

US Army vessel carrying equipment for building a temporary pier in Gaza was on its way to the Mediterranean on Sunday, three days after US President Joe Biden announced plans to increase aid deliveries by sea to the besieged enclave where hundreds of thousands of Palestinians are going hungry. The new push for aid came in the final hours before the Muslim holy month of Ramadan, which could start as early as Sunday evening, depending on the sighting of a crescent moon. Hopes for a new cease-fire by Ramadan faded days ago with negotiations apparently stalled. The opening of the sea corridor, along with airdrops by the US, Jordan and others, showed growing alarm over Gaza's deadly humanitarian crisis and a new willingness to bypass Israeli control over land shipments. Israel said that it welcomed the sea deliveries and would inspect Gaza-bound cargo before it leaves a staging area in nearby Cyprus.

By David Randall

By James Oliphant and Nandita Bose

Joe Biden is one of the most unpopular presidents in modern American history. In Gallup polling, his approval ratings are lower than those of any president embarking on a reelection campaign, from Dwight Eisenhower to Donald Trump. Yet an air of mystery hangs around his lousy polling numbers. As The Washington Free Beacon's Joe Simonson noted recently, just surfing around most U.S. media and pop culture, you probably wouldn't realize that Biden's job approval ratings are quite so historically terrible, worse by far than Trump's at the same point in his first term.

Elon Musk has made an unabashed turn to the right politically, defying the orthodoxy that Silicon Valley is a citadel of well-heeled liberals beholden to Democrats. Long considered non-identifiable ideologically, Musk's politics are now hardline right wing as he uses his platform (now called X) to stoke the themes cherished by Fox News, conservative talk radio and far right movements across the West.

Joe Biden said Benjamin Netanyahu's approach to the war in Gaza was «hurting Israel more than helping Israel» in an interview aired Saturday, as the US leader's impatience with his Israeli counterpart grows increasingly visible. With Gaza's humanitarian crisis growing more dire and Biden's left flank in uproar, the US president made contradictory remarks as to the question of a «red line» over Israel's threatened offensive on Rafah in southern Gaza.

Biden also spoke on ceasefire talks and said that "hoping" for a deal on a six-week ceasefire by the Muslim holy month of Ramadan, which will start on March 10 or 11, depending on the lunar calendar. Israel remains committed to continuing its invasion and annihilating Hamas, which killed about 1,200 people in Israel and took about 250 hostages on Oct.

Robert De Niro has opened up on the political situation of the country and expressed his opinions on the 2024 Presidential Election, which is only eight months away from now. The Oscar-winning actor has urged the people to vote for incumbent Joe Biden in 'a bid for normalcy'. According to 'The Hollywood Reporter' De Niro also called Donald Trump 'a total monster', 'a mean, nasty, hateful person, and said that his victory would bring nightmares.