Trump, the parade
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A new bill making its way through Congress aims to regulate stablecoins, most of which are pegged to the U.S. dollar. Should the bill become law, Solidus Labs' Chen Arad explores the implications for the stablecoin industry and the greenback.
WASHINGTON -- The Trump administration is advancing a new law that aims to establish the U.S. dollar as the dominant currency in the blockchain world and further solidify its status as the world reserve currency.
The Trump administration on Thursday launched a website for those interested in a $5 million investor visa for the U.S. to sign up for early access to a newly created “gold card.” “Thousands have
Pegged 1:1 to the U.S. dollar, USD1 is a stablecoin launched by World Liberty Financial, a decentralized finance (DeFi) project linked to the Trump family.While President Donald Trump himself acts as the chief crypto advocate at the project,
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Inquirer Business on MSNDollar dives on Trump’s new trade threatThe dollar plunged on Thursday after US President Donald Trump threatened higher unilateral tariffs on trade partners, and oil see-sawed as traders evaluated the probability behind reports that Israel could be gearing up to strike Iran.
The dollar’s worst start to a year on record, Bristol Myers plans to develop new cancer drug, Apple’s WWDC is coming, and more news to start your day.
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Barchart on MSNDollar Sinks on Trump Tariff Threats and Weak US Economic ReportsThe dollar fell to a 3-1/4 year low today as comments from President Trump sparked trade uncertainty and weighed on the dollar. Late Wednesday, Mr. Trump said he intends to send letters to dozens of US trading partners in the next one to two weeks setting unilateral tariffs,
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Trump proposed doing away with taxes on Social Security benefits. Not only are taxes on Social Security income complicated, they can significantly reduce the value of each retiree's monthly checks. But in the version of the new tax bill the House of Representatives just passed last month, there's no tax cut on Social Security benefits at all.