The Trump family embraced pro-crypto policies after alleging that the Biden administration ‘weaponized’ banks, a WSJ report says, pivoting to digital assets as a safeguard against financial leverage.
A recent analysis by the New York Fed attributes the spike in grocery prices to a combination of supply chain disruptions, increased demand, and rising production costs. These factors have significantly impacted consumer spending habits, placing added strain on American households.
Amidst rising inflation and economic uncertainty, President Biden’s threat of increasing taxes poses a significant risk to retirement savings. With inflation outpacing return rates, a potential tax hike could amplify the financial burden on retirees. According to financial experts, the erosion of retirement savings could become even more severe, leading to negative returns and diminishing retirement portfolios. The proposed tax increase would disproportionately impact the elderly, many of whom rely on their retirement savings for financial security.
In his State of the Union address, President Biden highlighted the threat posed by AI-generated deepfakes, calling for legislation to safeguard national security and protect individuals from the misuse of these technologies. Specifically, Biden urged Congress to pass laws that require deepfake creators to identify their work and prevent their malicious use to deceive or damage reputation. The President’s call for stronger privacy laws underscores the administration’s commitment to tackling the growing challenges posed by the unregulated use of deepfakes.
DAN: The Biden administration has recently asked Facebook to change its algorithm to favor certain news outlets. This move has been met with both criticism and praise from the public. On one hand, some […]
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
In a surprising twist, Coinbase’s legal team is citing President Biden’s recent student loan ruling to bolster their defense against the Securities and Exchange Commission (SEC). Claiming that the SEC’s lawsuit lacks clarity regarding the regulatory status of cryptocurrencies, the lawyers argue that Biden’s stance on debt forgiveness illustrates a broader trend of leniency towards innovative financial solutions. This unexpected legal move could potentially reshape the ongoing battle between Coinbase and the SEC, impacting the future of cryptocurrency regulation.