Articles

  • 2 weeks ago | thehill.com | Miranda Nazzaro |Julia Shapero

    Elon Musk, the world’s richest man, may have made himself an enemy of the world’s most powerful leader. The public blowout between Musk and President Trump is threatening the tech billionaire’s businesses, some of which have billions of dollars’ worth of federal contracts. Musk’s aerospace company SpaceX alone reportedly has at least $22 billion in federal contracts — which Trump had threatened to revoke at the peak of his feud with his former adviser.

  • 3 weeks ago | thehill.com | Julia Shapero |Miranda Nazzaro

    The public blowout between Musk and President Trump is threatening the tech billionaire’s businesses, some of which have billions of dollars’ worth of federal contracts. Musk’s aerospace company SpaceX alone reportedly has at least $22 billion in federal contracts — which Trump had threatened to revoke at the peak of his feud with his former adviser.

  • 3 weeks ago | thehill.com | Julia Shapero

    World Liberty Financial, a crypto venture launched by President Trump and his sons, plans to invest in the president’s meme coin, seemingly resolving a dispute between the two crypto firms tied to the Trump family. Eric Trump — who helps run World Liberty Financial alongside Donald Trump Jr. — announced Friday that the $TRUMP token had “aligned” with the company and would no longer being moving forward with a crypto wallet, which had caused the rift between the two firms.

  • 3 weeks ago | thehill.com | Julia Shapero |Miranda Nazzaro

    Announced days before the Senate’s likely confirmation of Isaacman, the withdrawal sparked a swirl of rumors and concerns, as budget cuts loom and NASA stretches into its sixth month without a leader. Trump, in a social media post over the weekend, offered few details but said his decision was made after a “thorough review of prior associations.”“That’s like the worst excuse in the world,” said the executive, who was granted anonymity to speak freely about the withdrawal.

  • 3 weeks ago | thehill.com | Julia Shapero

    Tesla shares dipped Thursday after President Trump fired back at Elon Musk over his growing criticism of the president’s tax and spending bill. The electric vehicle company’s share price was down nearly 9 percent as of early Thursday afternoon, as the once close relationship between Trump and Musk appeared to be rapidly deteriorating. The Tesla CEO officially departed the Trump administration last week after a brief but highly controversial tenure.

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Julia Shapero
Julia Shapero @JuliaShapero
20 May 25

The Senate votes 66-32 to move forward with consideration of the GENIUS Act, bringing the stablecoin bill one step closer to final passage

Julia Shapero
Julia Shapero @JuliaShapero
19 May 25

.@SenLummis says she expects a “robust amendment process” on the GENIUS Act and, as a result, says she’s not sure the bill will get across the finish line in the Senate this week

Julia Shapero
Julia Shapero @JuliaShapero
19 May 25

.@SenWarren isn’t swayed by the updated GENIUS Act, saying its “basic flaws remain unaddressed.” https://t.co/Xgdzv1cxYG