Stephen Miran, Trump's nominee to chair the Council of Economic Advisers, said the U.S. government is already sitting on a sizable reserve of bitcoin because they have seized large amounts of it in criminal activities.
Trump nominated entrepreneur David O. Sacks as White House director of cryptocurrency and artificial intelligence.
The AXIOS website analyzes that the core economic agenda of US Treasury Secretary nominee Scott Bescent "3/3/3" policy approach, which is to reduce the budget deficit to 3% of GDP, achieve 3% annual economic growth, and increase domestic oil production by 3 million barrels per day. Currently, the US deficit will remain between 6% and 7% of GDP for several years, forming a spiral that could lead to a sharp increase in interest rates...
Howard Lutnick, a cryptocurrency proponent nominated by Trump for Secretary of Commerce, has previously said that he will resign from Cantor, BGC and Newmark after Senate approval. Howard Lutnick currently serves as the CEO of Cantor. He plans to hand over the company's Tether business relationship to colleagues. The candidate is said to be his son Brandon Lutnick. Brandon Lutnick previously interned in Tether's Swiss business unit and currently works at Cantor. During his internship in Lugano, ...
U.S. Senator Hagerty said he would support Trump's nominee for defense secretary, Hegerseth.
On November 16th, comprehensive foreign media reported that the prospects of final confirmation of two of Trump's most controversial cabinet nominees may be in jeopardy due to sexual misconduct allegations. Concerns about Trump's nominee for defense secretary, Hegseth's inexperience and extreme views, have complicated his path to Senate confirmation after it emerged that California police investigated sexual assault allegations against him in 2017, but no charges were filed. But this shocked sev...
Trump, the Republican presidential nominee, has cast a shadow over the only debate he and Harris, the Democratic nominee, have agreed on, and the agreed-upon date is now only about two weeks away. In a post on the Truth Social platform on Sunday night, Trump criticized ABC News, the host of the Sept. 10 debate, alluding to its preference for Harris and asking, "Why am I debating Harris on that network?" He added, "Why did Harris reject Fox, NBC, CBS, or even CNN?" The Harris campaign said last w...
Former US President Donald Trump has accepted the Republican presidential nomination.