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President Donald Trump’s cryptocurrency ventures have added an estimated $2.9 billion to his wealth in six months, according to an April 23 report by the left-leaning State Democracy Defenders Fund. Soros-Backed Lobbyists Claim Trump’s Policy Shift Is a ‘Conflict of Interest’ The new report estimates Trump’s crypto assets, including the meme coin official TRUMP and … Read more
While President Trump stated that anything could happen with the U.S. economy given the current course of action, he clarified that he was not worried about a short-term recession. “I think we’re going to have the greatest economy in the history of our country,” he declared. President Trump Recognizes US Economy Is in a Transition … Read more
A micro-cap logistics firm, Freight Technologies, Inc., disclosed this week its intention to acquire the official TRUMP meme coin and retain it as a treasury reserve asset on its balance sheet. Logistics Meets Memes: Freight Tech Embraces Official TRUMP Coin In an unconventional twist on the bitcoin treasury strategy adopted by firms like Strategy (formerly … Read more
Sen. Cynthia Lummis (R-WY) declared this week she is “particularly pleased” with President Donald Trump’s endorsement of her proposed strategic bitcoin reserve, a plan she claims will tackle the national debt and solidify U.S. dominance in financial innovation. ‘America Must Lead’ on Bitcoin, Says Lummis After Trump Backs Reserve Plan The Boosting Innovation, Technology, and … Read more
Economist Nouriel Roubini presents an optimistic outlook for U.S. economic growth, forecasting a 4% annual rise by 2030. He believes that while trade restrictions could slow growth by 50 basis points, technological advancements could boost potential growth by 200 basis points. Roubini Says Trump Humbled by Financial Markets Economist Nouriel Roubini, long known for his … Read more
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump administration’s tariff move and its subsequent effects on global trade continue … Read more
On April 12—just over two weeks prior—expectations surrounding a potential cut to the federal funds rate were in flux, with markets assigning a 39.8% probability that the U.S. Federal Reserve would lower the rate by 25 basis points. Fast forward to seven days ahead of the next Federal Open Market Committee (FOMC) gathering, and that … Read more
Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that would … Read more
Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday … Read more
U.S. Treasury Secretary Scott Bessent, the 79th Secretary of the Treasury, addressed trade tensions with China during a White House press conference, emphasizing that Beijing faces severe economic consequences if tariffs remain high. ‘Certainty Not Necessarily Good’: Bessent Defends Strategy Amid Stock Market Stall Amid efforts to highlight President Trump’s policy achievements during his second … Read more