President Trump announced that he has called off a plan to deploy a “surge” of federal forces to San Francisco following a conversation with Mayor Daniel Lurie. Camilo Montoya-Galvez has details.
Two Democratic analysts were stunned on Thursday after President Donald Trump announced his latest pardon. Trump pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange who was convicted of failing to create adequate anti-money laundering protections on his exchange. Binance paid a $4. 3 billion fine, and Zhao paid an additional $50 million settlement. He had served four months in jail before being pardoned, Reuters reported. Democratic analysts Brian Tyler Cohen and Tommy Vietor discussed the pardon on a new episode of “Pod Save America” on Thursday. “I’m going to lose my mind,” Vietor said. “Why doesn’t anyone care about this staggering corruption right before our eyes?”The second Trump administration has wholly embraced cryptocurrencies, which is a stark shift from the Biden administration’s more heavy-handed stance. Trump has appointed David Sacks as the White House crypto czar, and Trump’s family has launched a few crypto ventures of their own. Earlier this year, Trump hosted a dinner for some of the largest holders of his World Liberty Financial crypto token. “This is just one small part of a larger hole,” Cohen said. “And it wouldn’t be so egregious if not for the fact that all of this is happening when Trump came into office, promising to be some populist champion. Like this guy was talking about housing and rent and groceries and the price of a f egg, and forget the price of any of those things going down, but he’s just heaping more riches and wealth and opulence onto himself. So it’s impossible to ignore all of this stuff.”.
A veteran media reporter says the donation may be an ‘overture’ to the administration as Comcast eyes a major acquisition.
As the trade war between US and China escalates, NVIDIA has been forced to pull out of the AI market there for now.
A Republican political figure was mocked on social media after he expressed outrage at Donald Trump’s latest move. Specifically, former George W. Bush administration White House press secretary Ari Fleischer, a Fox News contributor who served as press secretary under then-President Bush from January 2001 to July 2003, was confused as to why Trump commuted the prion sentence of disgraced GOP ex-lawmaker George Santos.”Why? This is a mistake,” Fleischer wrote on social media over the weekend. “Wire fraud and identity theft are serious crimes.”That led to numerous people calling out the GOP figure, including conservative strategist Tim Miller, who answered Fleischer:”Because you supported someone who is running a corrupt banana republic style government where enemies are prosecuted, criminal friends are pardoned, and foreign interests can buy favor by investing the leaders cryptocurrency. Hope that helps.”National security journalist Marcy “emptywheel” Wheeler also chimed in with, “Ari Fleischer discovers he’s part of a criminal protection racket.”.
TLDR Trump admits 100% tariffs on Chinese goods cannot last long. Crypto market plunges as trade tensions rise between U. S. and China. Trump plans to meet Xi in South Korea to ease tariff disputes. WTO warns U. S.-China rift could cut global growth by 7%. A week of financial turbulence deepened on Friday as U. S. President [.] The post Trump says 100% China tariffs unsustainable as crypto prices and U. S. markets fall amid renewed trade tensions. appeared first on CoinCentral.
Progyny seesaws amid confusion over impact from Trump’s IVF initiative
WASHINGTON (AP) President Donald Trump is showing little urgency to broker a compromise that would end the government shutdown, even as Democrats insist no breakthrough is possible without his direct involvement. Three weeks in, Congress is at a standstill. The House hasn’t been in session for a month, and senators left Washington on Thursday [.].
NVIDIA CEO Jensen Huang has announced that the firm will continue to sponsor H-1B visas and bear all related costs.
NVIDIA CEO Jensen Huang has announced that the firm will continue to sponsor H-1B visas and bear all related costs.
