Executive actions can swiftly reshape U.S. governance, bypassing Congress. Critics fear their overuse and possible presidential manipulation. Concerns include unchecked power. Critics worry about weakening democratic processes. What Are Executive Actions? An executive action is a signed directive issued by the president. Executive orders are the most formal of these actions. These orders are legally […]
Trump’s Meme Coin: Just days before reclaiming the White House, President Trump and Melania Trump launched meme coins, $TRUMP and $MELANIA. These cryptocurrencies, based on internet meme culture rather than functional utility, have reportedly amassed billions in theoretical value. As of Wednesday, $TRUMP’s market cap soared to $8 billion, while $MELANIA followed at $710 million. […]
Scott Bessent, nominated as Treasury Secretary, left behind a successful career as a low-profile hedge fund manager to address America’s escalating debt and deficits. However, his testimony at the confirmation hearing on Thursday raised concerns about his resolve in tackling these critical issues. Fiscal Discipline and Spending Cuts Proposed Bessent acknowledged the government’s spending problems, […]
US Treasury bonds surged as encouraging inflation data fueled expectations for the Federal Reserve to lower interest rates by July. Yields on notes with maturities between two and 20 years dropped at least 10 basis points, reversing earlier gains from robust December employment data. Benchmark 10-Year Yield Dips The benchmark 10-year note yield dropped 13 […]