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Treasury Department Charters Trump-Owned World Liberty Financial as a Bank, Allowing Stablecoin Issuance

Treasury Department Charters Trump-Owned World Liberty Financial as a Bank, Allowing Stablecoin Issuance

The Treasury Department has granted conditional approval to World Liberty Trust Company, a cryptocurrency firm co-founded by President Trump and his sons, to operate as a bank. This approval, issued on August 14, specifically authorizes World Liberty Financial to issue stablecoins, a type of cryptocurrency pegged to the U.S. dollar. According to President Trump's financial disclosure, the company generated nearly $800 million for him in 2025. The Trump organization actively promotes World Liberty Financial on its website. Zach Witkoff, the CEO of World Liberty Financial, is the son of Steve Witkoff, a prominent foreign policy figure in the Trump administration. Treasury Secretary Scott Bessent, a Trump appointee, stated on August 17 that his department is focused on providing regulatory certainty for businesses to innovate and grow in America, aiming to solidify the U.S. dollar's role as the global reserve currency and establish the U.S. as a crypto capital. The preliminary charter includes safeguards, suc...

President Trump Contradicts Vice President Vance on Iran War's Primary Goal

President Trump Contradicts Vice President Vance on Iran War's Primary Goal

President Trump and Vice President JD Vance have presented conflicting statements regarding the primary objective of the U.S. war with Iran, nearly six months into the conflict. Vice President Vance stated in a Fox News interview that 'goal number one' for the war is to 'keep oil and gas cheap' for Americans. He also inaccurately claimed that oil prices were 'way down from the highs in the early days' of the war. In contrast, President Trump, at a New York rally, asserted that the main goal is to prevent Iran from obtaining a nuclear weapon, telling the public that paying 'a tiny little bit more' for gasoline is acceptable for this cause. This divergence in messaging has been highlighted by media outlets, noting that average gas prices have increased significantly since the war began, from under $3 to over $4 per gallon.

Judge rules paint tests on Eisenhower Building can proceed, advancing Trump's makeover plans for now

Judge rules paint tests on Eisenhower Building can proceed, advancing Trump's makeover plans for now

A federal judge has allowed paint tests on a historic building next to the White House to move ahead, granting President Donald Trump a win in his plan to add new coat of white paint to the Eisenhower Executive Office Building

Marjorie Taylor Greene claims Trump 'discussing' nuclear option in Iran

Marjorie Taylor Greene claims Trump 'discussing' nuclear option in Iran

Former Georgia congresswoman Marjorie Taylor Greene claims the Trump Administration is weighing nuclear options in Iran as war continues.

Attorney General Todd Blanche Affirms President Trump Will Not Request Unethical Actions

Attorney General Todd Blanche Affirms President Trump Will Not Request Unethical Actions

Attorney General Todd Blanche stated on 'Meet the Press' that President Trump would 'never' ask him to do anything unethical or illegal, asserting that President Trump 'never has' and 'never will.' This statement reflects a recurring theme within the current administration, where officials frequently use the phrase 'never has, never will' to dismiss allegations of misconduct. For instance, a White House spokesperson previously used similar language to deny conflicts of interest regarding President Trump's financial gains and to refute claims of law-breaking concerning mortgage-application fraud. Critics argue that this rhetoric is a tactic to deflect scrutiny from President Trump's actions, which they contend have historically pushed against established legal and ethical norms. The administration's stance suggests that any action taken by President Trump is inherently deemed proper and legal, regardless of external perceptions or past precedents.

President Trump's Image and Name Proliferate Across U.S. Government and Public Spaces

President Trump's Image and Name Proliferate Across U.S. Government and Public Spaces

President Trump has significantly increased the presence of his image, name, and signature across various U.S. government institutions, public spaces, and official documents during his second term. This includes banners featuring his face on federal agencies like the Labor, Justice, and Interior Departments, despite objections from Democrats regarding cost and message. The U.S. Institute of Peace and the John F. Kennedy Center for the Performing Arts have seen attempts to incorporate his name, with the latter briefly displaying 'Restored and Renovated by President Donald J. Trump' on its facade. His administration has also overseen the 'beautification' of Washington D.C., including changes to the Reflecting Pool. Inside the White House, portraits of President Trump have been added, and a 'Presidential Walk of Fame' featuring gold plaques and framed images of past presidents was unveiled. Official documents like the 'Patriot Passport' and National Parks passes now feature his face, and government websites f...

Speculation Mounts Over President Trump's Health Following Public Appearances and Poll Results

Speculation Mounts Over President Trump's Health Following Public Appearances and Poll Results

President Trump's health has become a subject of public speculation and social media discussion, fueled by observations of his physical appearance and recent poll results. Reports have highlighted bruises on his hands, swelling around his ankles, and a rash on his neck. These physical signs have led to various comments and online mockery, with some social media users questioning his overall well-being. For instance, a video clip showing President Trump's rear end sparked widespread speculation about his health, including the possibility of incontinence. Tennis legend Martina Navratilova and independent progressive journalist Aaron Rupar were among those who commented on the video. The White House has previously attributed hand bruises to a daily aspirin regimen and frequent handshaking, and ankle swelling to chronic venous insufficiency. A neck rash was explained as a result of a 'very common cream' for 'preventative skin treatment.' Despite these explanations, the public discourse continues to focus on hi...

Trump votes by mail again in Florida Republican primary

Trump votes by mail again in Florida Republican primary

President Trump voted by mail in Florida's Republican primary, even as he rails on the method as an "inherently corrupt" system of voting.

Disney, ABC sue US regulator over threats to broadcast licenses

Disney, ABC sue US regulator over threats to broadcast licenses

By David Shepardson WASHINGTON, Aug 18 (Reuters) - Disney and its ABC unit sued the Federal Communications Commission on Tuesday to block an early review of licenses for eight ABC stations, arguing the Trump administration is trying to punish the network over its broadcast content.

Video shows Trump tell CNN reporter repeatedly to 'be quiet'

Video shows Trump tell CNN reporter repeatedly to 'be quiet'

President Donald Trump and CNN reporter Kristen Holmes clashed as she repeatedly tried to ask a follow-up question and he told her to 'be quiet.'

Trump crypto firm backs venture offering AI from restricted Chinese companies

Trump crypto firm backs venture offering AI from restricted Chinese companies

By Lawrence Delevingne BOSTON, Aug 17 (Reuters) - President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns.