In a significant advancement for cryptocurrency regulation, the U.S. Senate has approved the bipartisan GENIUS Act with a vote of 68-30, thereby establishing the inaugural federal regulatory framework for stablecoins, which are digital assets linked to the U.S. dollar. The legislation mandates that issuers must support their tokens with liquid assets such as Treasury bills [...]
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GOP Senators Whine About Trump’s Tariff Regimen: ‘We’re All Dead’
Republican Senators Critique Trump’s New Tariff Regime: Implications for the U.S. Economy and Manufacturing In April 2025, President Donald Trump enacted a sweeping tariff policy—unilaterally imposing reciprocal duties on imports from a broad swath of trading partners. Billed by the White House as a cornerstone of the “America First” economic agenda, the move prompted immediate [...]
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