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Trump’s First Electoral Test Suffers Blow – What Does It Mean for Crypto Policy?

The post Trump’s First Electoral Test Suffers Blow What Does It Mean for Crypto Policy? appeared first S elections, which revealed a shift in political momentum ahead of the midterms. This was the first major Election Day since President Trump’s return to the White House. While this was a setback for the Trump administration, it has also raised concerns about the future of crypto regulations.

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Trump brings back Elon Musk’s friend Jared Isaacman as NASA nominee

The post Trump brings back Elon Musk’s friend Jared Isaacman as NASA nominee appeared com. Donald Trump has renominated Jared Isaacman to lead NASA, months after pulling the same nomination during what Trump described as a “thorough review of prior associations.” The decision puts Jared back into a role he was originally selected for in December, before Trump even formally returned to the White House. Jared is an eccentric billionaire, who founded of Shift4 and commanders two private spaceflights. But Jared is also known to be close, long-term friends with Elon Musk, whose companies hold major influence in the U. S. space industry. In the statement shared Tuesday on Truth Social, Trump wrote, “Jared’s passion for Space, astronaut experience, and dedication to pushing the boundaries of exploration, unlocking the mysteries of the universe, and advancing the new Space economy, make him ideally suited to lead NASA into a bold new Era.” That post marked the formal reinstatement of Jared’s nomination. The first nomination was withdrawn in late May after tensions between Trump and Elon, who at the time was involved in a White House effort to cut the size of federal agencies. Trump said the withdrawal was due to reviewing Jared’s “past associations,” but he did not explain further. Reports suggested the reference pointed to Jared’s earlier donations to Democrats, though nothing was confirmed from the White House. Isaacman reorganizes Shift4 and prepares for Senate confirmation Days after the pulled nomination, Jared addressed Shift4 investors. He wrote that his “brief stint in politics was a thrilling experience.” He then announced that he would step down as CEO and instead become executive chairman of the company he founded in 1999 at age 16. He had been planning to leave the CEO role if the Senate confirmed him to lead NASA, but the confirmation process did not take place at that time. Since July, NASA has been led.

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‘Dumb’: WSJ editorial warns Trump’s wild demand will send GOP into devastating trap

As President Donald Trump grows increasingly shocked and frustrated that Democrats in Congress haven’t caved to him yet in the weekslong federal government shutdown, he is ramping up demands for Republicans in the Senate to do away with the legislative filibuster the rule requiring 60 votes to pass most bills and steamroll Democrats to reopen the government without them. “Republicans, you will rue the day that you didn’t TERMINATE THE FILIBUSTER!!! BE TOUGH, BE SMART, AND WIN!!!” Trump recently posted to Truth Social. “This is much bigger than the Shutdown, this is the survival of our Country!”But this would be a huge mistake, warned the conservative Wall Street Journal editorial board. In fact, he would deliver the whole GOP into a trap that hands Democrats far more power in the long run.”Republicans would be dumb and hurt the country by breaking the filibuster,” wrote the board. “Republicans could end the government shutdown on a partisan vote, but then what? The GOP will have taken the fraught step of breaking the filibuster for appropriations. Democrats will pound the table in faux outrage, but they’ll privately be cheering at what they’ll be able to pass the next time they control Washington perhaps as soon as 2029 when Mr. Trump is out of office. Break the filibuster for the shutdown, and it will soon be gone for all legislation too. The Senate will then operate like the House, where a simple majority rules,” wrote the board. Indeed, they noted, had the filibuster not been in place for the first two years of the Biden administration, Republicans may have been powerless to stop a parade of progressive legislation: “Bernie Sanders’s $17-an-hour national minimum wage; All of the Biden Build Back Better plan, with its huge tax increases and cradle-to-grave entitlement programs; Sen. Sheldon Whitehouse’s bill to restructure the Supreme Court; Nancy Pelosi’s bill to nationalize election law in all 50 states on the California model; Statehood for Puerto Rico and the District of Columbia, with four new Democratic Senators; The PRO Act that would repeal much of Taft-Hartley on unionization and ban right-to-work laws for voluntary union membership that exist in 26 states; [and] a national law codifying Roe v. Wade abortion standards.”Republicans may not even be able to reverse all these things with the filibuster gone when they take power next, the board wrote; “Look at the trouble Republicans are having even letting supercharged pandemic-era ObamaCare subsidies expire. The filibuster rule is often frustrating, but its virtue is that it serves as a check on passing extreme laws with narrow majorities,” the board argued in conclusion, warning, “Most Republicans understand this. But some Senators, hoping to curry favor, may start to echo the President’s short-term opportunism. The Democratic left is quietly cheering them on.”.