The primary federal regulators of stablecoins are finalizing their rules for GENIUS Act implementation and, much to the chagrin of the banking industry, crypto firms are getting everything they want.
federal government
Posted inHealth and Social Policy
Another Bait and Switch on VA Care
Under cover of delivering rightful benefits to veterans, a new Republican-backed bill in Congress takes them away.
Posted inEconomic Policy
Trump and Bernie Agree: Let’s Own AI!
One’s a narcissist, the other’s a socialist, but there’s room for all in this improbable coming together.
Posted inHealth and Social Policy
Why That Next Hamburger Is Going to Cost You
The domestic return of the New World screwworm, a parasite that can devastate cattle herds, happened while the Trump administration was focused on dismantling government.
Posted inTAP
Trump Makes a Bad Student Loan Program Worse
On June 1, student debts will become even more of an encumbrance.
Posted inLaw and Justice
Trump’s Slush Fund Could End Up Costing Recipients Billions
Suing slush fund recipients under the False Claims Act could claw back their payments, plus three times as much in damages.
Posted inPolitics
MAGA Hogs at the Government Trough
For the Trumpiest federal agencies, it’s an all-you-can-eat buffet.
Posted inBooks
Who Died When Elon Musk Killed USAID?
Nicholas Enrich’s new memoir details the human toll of the agency’s dismantling.
Posted inWorking in America
Palantir Gets an Initial $3.9 Million to Spy on Federal Workers
The contract kicks off a Trump administration plan to track workers at the Social Security Administration and Departments of Agriculture and Veterans Affairs.
Posted inMoney, Politics, and Power
Following the Money on Sean Duffy’s Road Trip
Nearly a dozen companies that sponsored Duffy’s personal travel have significant business before his agency.
