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Trump family crypto venture to launch a stablecoin https://www.politico.com/news/2025/03/25/trump-family-crypto-venture-to-launch-a-stablecoin-00247455 The move comes as the Trump administration and congressional Republicans are working to enact regulatory changes that could benefit the crypto industry. The cryptocurrency venture run by President Donald Trump’s sons announced Tuesday it will launch a digital token known as a stablecoin that is pegged to the value of the U.S. dollar, expanding the first family’s ties to the crypto industry. The crypto company, World Liberty Financial, was launched by Donald Trump Jr. and Eric Trump last fall during the home stretch of their father’s presidential campaign, the first of several moves by the Trump family to get into the digital assets business.
Trump picks his next Big Law target https://www.politico.com/news/2025/03/15/donald-trump-law-firm-attack-025949 The expanded attack on major firms comes just days after a judge ruled that a similar order was unconstitutional. President Donald Trump continued his retaliatory spree against major law firms on Friday, signing an executive order targeting New York firm Paul, Weiss days after a judge ruled that major parts of a similar order were unconstitutional. Trump’s new order seeks to suspend the security clearances of attorneys with the firm and limit their access to government buildings, ability to get federal jobs and receive money from federal contracts.
Trump hangs sword of Damocles over the American legal system https://www.politico.com/news/2025/03/22/donald-trump-law-firms-threat-027250 Trump is directing Attorney General Pam Bondi to target lawyers and law firms “who engage in frivolous, unreasonable, and vexatious litigation against the United States.” President Donald Trump is doubling down on his threats against the American legal system, directing Attorney General Pam Bondi to take action against lawyers and law firms that go against him. Trump’s administration has taken an increasingly adversarial stance toward the legal system, including both judges who have ruled against his policies and lawyers and firms that he has viewed as wronging him.
Universities are caving to Trump with a stunning speed and scope https://www.politico.com/news/2025/03/20/universities-cave-conservatives-trump-00241765 Some of the nation’s oldest and wealthiest institutions are swiftly bending to President Donald Trump, who is acting on longstanding conservative criticisms of universities as elitist and progressive. Colleges and universities across the country are capitulating to President Donald Trump with staggering speed, moving to slash progressive policies and crack down on student activism as they face compounding threats from an administration hellbent on reshaping higher education.
US to limit Canadian access to beloved cross-border library where Kristi Noem taunted hosts https://www.bostonglobe.com/2025/03/20/metro/us-to-limit-canadian-access-to-cross-border-library-where-kristi-noem-taunted-hosts/ Nearly two months after Secretary of Homeland Security Kristi Noem made provocative comments at a library straddling the northern border that once symbolized the enduring friendship between the United States and Canada, the US government has said it will restrict Canadian access to the beloved institution.
Everyone’s getting rich off Trump’s war. Leaked Pentagon planning documents obtained by journalist Ken Klippenstein reveal the Trump administration is refining the next generation of plans for a “major regional conflict” with Iran. Meanwhile, lawmakers looking to cash in on more war are dumping money into Palantir, a cybersecurity firm founded by Trump and Vance ally Peter Thiel that sells its software to the Defense Department. Taxpayer-funded government contracts account for half of Palantir’s revenue.
Trump’s Tuesday Night Massacre Echoing Richard Nixon’s infamous Saturday Night Massacre purge during Watergate, President Donald Trump this week moved to fire both Democratic commissioners at the Federal Trade Commission, which had been investigating some of Trump’s biggest corporate boosters. These weren’t routine pink slips given during an administration turnover. Trump fired Senate-confirmed commissioners at an agency that Congress — by law — deliberately created to be independent from the executive branch’s control. Hours after receiving Trump’s termination letter, FTC Commissioner Alvaro Bedoya spoke with Lever Time’s David Sirota about why this is a battle over not just one federal agency, but over whether the presidency will end up becoming a corrupt monarchy — one that will benefit only those who kiss the king’s ring. Bedoya is now taking Trump to court in a battle that he says is barreling toward the Supreme Court.
DOGE Now Has Access to the Top US Cybersecurity Agency DOGE technologists Edward Coristine—the 19-year-old known online as “Big Balls”—and Kyle Schutt are now listed as staff at the Cybersecurity and Infrastructure Security Agency. Edward Coristine, a 19-year-old engineer with Elon Musk’s so-called Department of Government Efficiency (DOGE) known as “Big Balls,” is now on staff at the Cybersecurity and Infrastructure Security Agency, WIRED has confirmed. He is joined by another member of the DOGE team, 38-year-old software engineer Kyle Schutt, who is now also on the CISA staff, according to a government source.
Pentagon Cuts Threaten Programs That Secure Loose Nukes and Weapons of Mass Destruction Documents obtained by WIRED show the US Department of Defense is considering cutting up to 75 percent of workers who stop the spread of chemical, biological, and nuclear weapons. US agencies responsible for preventing the global proliferation of weapons of mass destruction and building security capacity around the world are facing deep cuts, perhaps total abolition, as the Trump administration continues its assault on any and all spending going overseas.
White House withdraws executive order targeting law firm Trump has withdrawn an executive order targeting an international law firm after the firm agreed to review its employment practices and provide the equivalent of $40 million in free legal services to support certain Trump administrative initiatives. The White House sought to punish the firm of Paul, Weiss, Rifkind, Wharton & Garrison because of the work of one of its former lawyers, Mark Pomerantz, who oversaw an investigation by the Manhattan District Attorney’s office into Trump’s finances in between his first and second terms in office. The White House agreed to withdraw the order against the law firm because of commitments that the firm had made, including that it would not use DEI in its hiring and promotion practices.
Trump administration plans to cut 80,000 employees from Veterans Affairs, according to internal memo WASHINGTON (AP) — The Department of Veterans Affairs is planning a reorganization that includes cutting over 80,000 jobs from the sprawling agency that provides health care and other services for millions of veterans, according to an internal memo obtained Wednesday by The Associated Press.
‘People Are Scared’: Inside CISA as It Reels From Trump’s Purge Employees at the Cybersecurity and Infrastructure Security Agency tell WIRED they’re struggling to protect the US while the administration dismisses their colleagues and poisons their partnerships. Mass layoffs and weak leadership are taking a severe toll on the US government’s cyber defense agency, undermining its ability to protect America from foreign adversaries bent on crippling infrastructure and ransomware gangs that are bleeding small businesses dry.