The Internal Revenue Service (IRS) will no longer require certain crypto platforms to report transaction data under President Donald Trump’s administration. In a major policy reversal, Trump has signed an executive order nullifying a rule that would have compelled decentralised exchanges to report their customers’ total digital asset sales to the IRS. Officially titled “Gross … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure At the Digital Asset Summit on March 19, Senator Cynthia Lummis (R-WY) claimed that the previous Biden administration may have sold a significant portion of the United States’ confiscated Bitcoin holdings. During a panel discussion, Senator Lummis outlined her concerns, explaining that … Read more
The Federal Trade Commission has removed all posts from President Joe Biden’s term in office from its business blog. This online publication has historically provided advice about how companies could best comply with consumer-protection regulations, covering topics such as artificial intelligence and how big tech companies have collected and used customer data. Currently, it has … Read more
The White House via Wikimedia Commons Amidst new drama that Joe Biden potentially governed with an automated signature, Gallup released a poll revealing Biden as the least-liked of all former, living U.S. presidents. Since transitioning power to Donald Trump in January, Biden’s only update is that he, like former Vice President Harris, re-signed with his … Read more
The Republican-led House Judiciary Committee is looking into whether the Biden administration tried to “censor” artificial intelligence. Representative Jim Jordan has sent subpoenas to sixteen different tech companies that work with AI in some capacity to ask for any and all communications from the previous administration about limiting “harmful bias” and “algorithmic discrimination.” Subpoenas were … Read more
Credit: United States Congress via Wikimedia Commons The U.S. The Congressional Budget Office released new data showing that in the first five months of this fiscal year, the U.S. federal government has already racked up $1.1 trillion in debt, or nearly $8 billion per day. The fiscal year began last October and runs through the … Read more
Credit: Daniel Schwen and Gage Skidmore via Wikimedia As a political scientist, I’ve taken a great interest in the most recent realignment of our nation’s politics. Specifically, the Democrats’ switch from the party that (correctly) aggressively opposed the Iraq War to a brand of jingoism and imperial hubris that would make Curtis LeMay blush. There … Read more
Credit: Screenshot via CNN CNN’s Jake Tapper and Axios reporter Alex Thompson are publishing a hard-hitting book analyzing former President Joe Biden’s mental decline and the cover-up involved behind the scenes to keep it quiet. Despite years of evidence that Biden’s cognitive ability was severely hindered even in the earliest days of his presidency, (and … Read more
Preliminary data from the Washington DC air collision that killed 67 people gives conflicting information about the altitudes of the plane and military helicopter at the time of the crash. In a news conference, officials from the National Transportation Safety Board (NTSB) said that data from the jet’s flight recorder showed its altitude as 325ft, … Read more
The Trump administration is considering sending 24,000 assault rifles to Israel that had been held up at the State Department on the orders of Antony J. Blinken, the former secretary of state, a U.S. official said. Mr. Blinken had asked the State Department not to move forward with fulfilling Israel’s request, which comprises three tranches … Read more