Trump Faces Blowback Over Plans for Crypto Reserve

Trump Faces Blowback Over Plans for Crypto Reserve

The consequences of a crypto reserve Cryptocurrencies are again riding high, after President Trump announced that he would create a national crypto reserve with five tokens, including three lesser-known and highly volatile ones. It’s the latest boost that Trump has given the crypto industry, which spent some $130 million backing …

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Right-Wing Crusade Against USAID Has Been Fueled by Falsehoods

Right-Wing Crusade Against USAID Has Been Fueled by Falsehoods

The video falsely claiming that the United States Agency for International Development paid Ben Stiller, Angelina Jolie and other actors millions of dollars to travel to Ukraine appeared to be a clip from E!News, though it never appeared on the entertainment channel. In fact, the video first surfaced on X …

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Trump Lawsuits Against Media Gain Momentum

Trump Lawsuits Against Media Gain Momentum

Media lawyers scoffed last year when President Trump sued two news organizations for producing journalism that, he claimed, violated laws meant to protect consumers from things like deceptive advertising. They’re not laughing anymore. First Amendment experts still believe that Mr. Trump’s cases, against CBS News and The Des Moines Register, …

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Federal Debt Is Now Worrying Even Progressives

Federal Debt Is Now Worrying Even Progressives

The 119th Congress began, as it so often has in recent years, with calls from Republican politicians for wrestling down the national debt, which is near a record level relative to the size of the economy. But this time, the G.O.P. had company: Progressive economists and budget wonks, who have …

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Debanking, and the Diss Heard Around Davos

Debanking, and the Diss Heard Around Davos

Good morning from Davos, Switzerland, on the final day of the World Economic Forum. The hottest chatter over the past 24 hours has been about two topics. First, jaws were on the floor when President Trump, during a Q. and A. session that included Brian Moynihan of Bank of America, …

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Trump Drive to Cut Safety Net Could Hit His Voters

Trump Drive to Cut Safety Net Could Hit His Voters

In his first term as president, Donald J. Trump targeted what many Republicans consider blatant welfare waste — a rule that gives food stamps to millions of people with incomes above the usual limit on eligibility. His proposed change would have saved billions but hurt low-income workers making the bootstraps …

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Trump Is Leading a Global Surge to the Right

Trump Is Leading a Global Surge to the Right

At the start of his second term President Trump has positioned himself at the crest of a global wave of hard-line conservative populism, offering fuel and inspiration to surging nationalist parties in the European Union and beyond. Those parties are generally united by tough stances against immigrants, support for what …

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When Your Son Goes MAGA

When Your Son Goes MAGA

It is easy for Alex Behr to gush about her son, Eli, whom she describes as a generous and thoughtful college junior who had a serious skateboarding phase. It is much harder for her to talk about his politics. Ms. Behr, 59, is a Democrat in Portland, Ore., who voted …

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Russell Vought Poised to Expand Power of White House Budget Office

Russell Vought Poised to Expand Power of White House Budget Office

While leading the Office of Management and Budget during the first Trump administration, Russell T. Vought took steps to to expand the number of federal employees required to work during a government shutdown, froze military aid for Ukraine and railed against “wasteful spending” such as foreign aid and organizing unions …

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