In an effort to provide clarity over his latest tariff negotiations, President Donald Trump explained why he approved another one-month pause on the 25% levy on Canada and Mexico. “I wanted to help Mexico and Canada to a certain extent. We’re a big, big country, and they do a lot of their business with us, whereas in our case, it’s much less significant. We do very little with Canada by comparison. And I wanted to help the American carmakers until April 2nd. April 2nd, it becomes all reciprocal,” Trump told FOX Business’ Maria Bartiromo in an exclusive interview. “But this…
EXCLUSIVE: The Department of Homeland Security (DHS) says it is ending collective bargaining for Transportation Security Officers with the Transportation Security Administration (TSA). In a release obtained exclusively by FOX Business, DHS said the TSA has more people doing “full-time union work” rather than performing screening functions at 86% of U.S. airports. This means that out of 432 federalized airports, 374 airports have fewer than 200 TSA Officers to perform screening functions. These officers are paid by the government but work “full-time on union matters” and do not retain certification to perform screening functions, DHS said. MASSIVE POWER OUTAGE AT BWI…
President Donald Trump recently made a surprise announcement that the U.S. government would invest in a crypto reserve including Bitcoin, Ethereum, XRP, Solana, and Cardano. With the White House Crypto Summit on Friday set to embrace a pro-innovation regulatory framework, crypto looks set for a boom over the next four years. Well… maybe. While a White House Summit may help push currencies like Bitcoin further into the mainstream, the blockchain industry needs something more to really take off: energy — a lot more energy. TRUMP’S CRYPTO CZAR DECRIES GOVERNMENT’S LACK OF BITCOIN ‘LONG-TERM STRATEGY’ A recent study revealed that Bitcoin — just…
Treasury Secretary Scott Bessent spoke to the Economic Club of New York today and emphasized the growthy-ness of President Trump’s program. I had a chance to interview the Secretary after his speech. But importantly, Bessent emphasized deregulation, especially in the banking sector – and that includes bank loans to small businesses. This is important because during the Biden years, Fed Chair Jay Powell swayed with the wind and promoted DEI, ESG, no loans to oil and gas companies, terrible supervision of Silicon Valley, and a disregard for the importance of community banks. Powell presided over a real mess. Incidentally, it…
President Trump, late Thursday, signed an executive order to establish a Strategic Bitcoin Reserve. Crypto Czar David Sachs celebrated the move via a post on X. “The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not cost taxpayers a dime,” he wrote. “It is estimated that the U.S. government owns about 200,000 bitcoin; however, there has never been a complete audit. The E.O. directs a full accounting of the federal government’s digital asset holdings. The U.S. will not sell any bitcoin…
A new fleet of self-driving taxis is ready to hit the streets this year, rolling out first in Las Vegas. The Amazon-backed vehicles are ten years in the making, and the company says they want to redefine transportation. “Our vision of the future is not as many people will need to buy their own car,” said Zoox co-founder Jesse Levinson. Zoox is on a mission to transform what driving looks like. Their robotaxis are autonomous vehicles that cater to the rider’s experience. “It’s a really nice premium experience. “It’s safe, it’s consistent, it’s clean and it’s much more efficient,” said…
