Why Tesla Is Secretly Thrilled With Trump’s Controversial Budget

The Donald Trump administration is seeking to dismantle a program benefiting the EV industry. You might think Tesla, a longtime beneficiary of the program, should cringe at its proposed cancellation. But there’s a surprising reason Elon Musk should secretly cheer Trump’s budget. President Donald Trump’s latest controversial budget proposal seems destined to make America’s electric […]

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Trump Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar – CoinDesk

Judy Shelton, President Donald Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.  At her Senate confirmation hearing Thursday, Shelton said the U.S. needs fintech innovation to keep ahead of other countries.  “Yes, it is a dominant reserve currency but we […]

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Trump’s 2021 Budget Proposal Seeks to Optimize Crypto Policing – CoinDesk

U.S. President Donald Trump’s $4.8 trillion budget proposal for FY 2021, released Monday, seeks to expand the Treasury Department’s cryptocurrency oversight by returning the United States Secret Service, now a division of the Department of Homeland Security, to its jurisdiction.  The reshuffling would “create new efficiencies” in the Secret Service’s investigation of criminal acts involving […]

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