Here’s How Congress Is Wading Into Crypto RegulationThe House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law. …[TheTopNews] Read More.THE NEW YORK TIMES – Technology | Internet & TechnologyThu, July 17, 20251 day ago
Congress claws back funds from public broadcastingConsumers who have been supporting local stations may lose programming By James R. Hood of ConsumerAffairs July 18, 2025 As expected, Congress has clawed back funding for public broadcasting in the U.S., culminating an effort that started during the Nixon Administration, led by conservatives who objected to what they say is a liberal taint in the system’s programs. Despite extensive coverage, there has been little attention paid to the consumers who are a major source of funding for public programmingeven though they contribute the largest share, approximately 30%, most of it coming from occasional fund-raising drives and monthly contributions. Other major sources include foundation grants at 25% and corporate underwriting, about 15% to 20%. Federal funding amounts to 10% to 15%, depending on the station, with states, cities and other sources making up the rest. Listening to National Public Radio newscasts this morning, there…
Congress approves Trump’s $9 billion cut to public broadcasting and foreign aidWIZMnews.com WASHINGTON (AP) — The House gave final approval to President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid early Friday as Republicans intensified their efforts to target institutions and programs they view as bloated or out of step with their agenda. The vote marked the first time in decades that a president has successfully submitted such a rescissions request to Congress, and the White House suggested it won’t be the last. Some Republicans were uncomfortable with the cuts, yet supported them anyway, wary of crossing Trump or upsetting his agenda. The House passed the bill by a vote of 216-213. It now goes to Trump for his signature. “We need to get back to fiscal sanity and this is an important step,” said House Speaker Mike… …[TheTopNews] Read More.WIZM News |General News &…
How Trump’s Big Bill Devastates the US Food SystemThis story was produced in partnership with the Food & Environment Reporting Network. Even before Donald Trump retook the White House, US policymakers had created a paradox of plenty in the nation’s agricultural system: environmentally destructive overproduction of a few major food commodities, combined with stubbornly high and rising hunger rates, particularly among children. Now, the Trump administration and its congressional allies have found a way to intensify and prolong both crises at once, with a radical reshaping of food and farm policy nestled within their Big Beautiful Bill. The consequences promise to be devastating for the economy, the environment, and public health. The BBB slashes food aid for poor people while showering cash on already lavishly subsidized farmers, mainly corn and soybean producers. These food and farm programs normally get funded in a once-every-five-years legislative ritual known as the farm bill…
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appealPlease enjoy the latest edition of Short Circuit, a weekly feature written by a bunch of people at the Institute for Justice. CA7 friends: The Short Circuit team is heading to downtown Chicago on Sunday, August 17 for a live recording of the podcast on the eve of the Seventh Circuit Judicial Conference. Come watch Sarah Konsky of UChicago Law and Christopher Keleher of Keleher Appellate Law hash things out with us. Click here to learn more. New on the Short Circuit podcast: What’s the difference between legit multi-level marketing and illegit pyramid schemes? Sometimes it’s hard to tell. Accused 9/11 co-conspirators have been in pretrial proceedings before a military commission in Guantanamo Bay for more than two decades. Gov’t offers them a plea deal that will spare them the death penalty. The co-conspirators take the deal. Sec’y…
Trump vows to make US ‘crypto capital of the planet,’ signs GENIUS Act into lawPresident Donald Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act Friday — a landmark piece of legislation that establishes federal regulations surrounding digital currency. Trump recalled ahead of signing the bill how he previously vowed to make the U.S. the “crypto capital of the planet” during a keynote address during a bitcoin conference in Nashville, Tennessee, in July 2024, where he said that regulations his administration would implement would be “written by people who love your industry, not hate your industry.” “I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world,” Trump said Friday. “And that’s what we’ve done. And under the Trump administration this is only going further.” Stablecoins are a form of digital currency tied to a stable…