The post White House’s Latest Construction Project Comes From Secret Service Request appeared on BitcoinEthereumNews.com.
Topline The Trump administration launched a months-long project reportedly to fortify the White House’s front door, the latest construction effort happening at the White House as tarps obscure scaffolding at the North Portico. Construction workers hung tarps outside the White House’s North Portico on Thursday. (Photo by Anna Moneymaker/Getty Images) Getty Images Key Facts Security upgrades to the White House’s front door come at the behest of the Secret Service and are expected to take until mid-September to complete, CNN reported. Tarps went up on the White House’s North Portico in the late morning on Thursday, covering scaffolding that has stood for days. A White House official told CNN the North Portico is “undergoing standard restoration work” to repair stones in the columns, one of several concurrent construction projects taking place at the White House and acr
The post U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit appeared on BitcoinEthereumNews.com.
The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump’s newest Fed chair, Kevin Warsh — had long said that such an effort would require backing from the White House and congressional authorization. There’s never been wide support for a CBDC in Congress. But the idea — strongly opposed by the crypto industry for its potential to compete with privately issued stablecoins — has been pursued in other jurisdictions, such as Europe and China, and it became a popular political target for U.S. politicians. So Republicans managed to slip it into the unrelated housing legislation, after previously trying to include it in a range of bills including the Foreign Intelligenc
The post Trump Won’t Sign Bipartisan Housing Bill In Protest Of Voter ID Law Stalemate appeared on BitcoinEthereumNews.com.
Topline President Donald Trump said he won’t sign a bipartisan housing bill passed by Congress last month in protest of the Senate’s inability to pass new voter ID requirements—but unless he vetos the bill, it will automatically become law at midnight, even without his signature. Donald Trump, President of United States, speaks at the press conference during the 2026 NATO Ankara Summit in Ankara, Turkey, on July 8th, 2026. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Trump said in a Truth Social post on Friday he will not sign the housing bill “IN PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT.” It’s unclear if Trump will veto the legislation, however, which is the only way to block it from taking effect at midnight. Trump previously cancelled a June 24 signing ceremony f
The post Trump Won’t Sign Housing Bill With CBDC Ban—Will It Become Law Tonight Anyway? appeared on BitcoinEthereumNews.com.
In brief President Trump said he will not sign a bipartisan housing bill containing a temporary CBDC ban. It will automatically become law tonight at midnight unless he vetoes it. The White House declined to say whether Trump plans to issue a veto before the deadline. President Donald Trump said Thursday he will not sign a bipartisan housing bill that includes a multi-year ban on the issuance of a U.S. central bank digital currency, or CBDC. Unless the president actively vetoes the legislation before midnight tonight, however, it will automatically become law. “I will not sign the housing bill,” Trump wrote on Truth Social, calling his move a “protest” over the Senate’s failure to pass the SAVE America Act, a controversial bill restricting voting rights he has championed for months. Republican congressional leadership has repeatedly emphasized the bill stands lit
The Fed's rate hold stabilizes risk assets, but upcoming policy decisions and digital asset regulations could drive future market volatility.
The post Federal Reserve holds rates steady at 3.5-3.75% as Chair Warsh heads to Congress appeared first on Crypto Briefing.
The post Will a $189M Lobbying Campaign Result in Crypto CLARITY? appeared on BitcoinEthereumNews.com.
The crypto industry has spent years convincing Washington that it deserves a seat at the table. Now, as Congress inches toward passing the CLARITY Act, a long-awaited crypto market structure bill, it seems it finally has one. The question is no longer whether lawmakers are listening to digital asset advocates, but whether the crypto lobby’s deep pockets and influence in election campaigns will be enough to get the legislation over the line. That debate comes as Senate negotiators work toward a potential floor vote before Congress breaks for its August recess. In a June 25 thread on X, Kristin Smith, president of the Solana Policy Institute and former chief executive of the Blockchain Association, argued that crypto’s advocacy operation is “the strongest and most sophisticated it has ever been.” She pointed to bipartisan negotiations, daily meetings with lawmakers, and what she descri
The post Members Of Key Federal Election Body Fired By Trump Ahead Of Midterms appeared on BitcoinEthereumNews.com.
Topline The three remaining members of a bipartisan federal committee that assists states and local officials administer elections were fired by the White House on Thursday, in a move that could impact the midterms and just weeks after after the Supreme Court upended a 90-year-old precedent allowing the president to remove independent federal agency officials. The firings are likely to impact the midterms elections. AFP via Getty Images Key Facts According to multiple outlets, the Election Assistance Commission’s two remaining Democratic Commissioners—Thomas Hicks and Benjamin W. Hovland—were fired by email. The agency’s sole Republican commissioner Christy McCormick was also asked to resign. The White House confirmed the firings and told NBC News that the ousted individuals will be “replaced,” without specifying a timeline as any new appointments will need Senate approva
The post Clarity Act Talks Continue as White House Responds to SEC, CFTC Nomination Dispute appeared on BitcoinEthereumNews.com.
Key Insights: The White House stated that Democrats never submitted SEC and CFTC nominees before the Clarity Act debate. The legislation would split crypto regulation duties between the US SEC and the CFTC. The US SEC plans a new crypto proposal as lawmakers continue Clarity Act negotiations. Clarity Act negotiations have entered another phase. The White House rejected claims that the Trump administration refused to nominate Democratic commissioners to the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. The response came through a letter to Senate leaders. In that letter, the administration said it had already requested Democratic recommendations for the vacant positions. The exchange unfolded as lawmakers from both parties continued urging Congress to fill the minority seats before taking further action on the Clarity Ac
