President Donald Trump Doesn’t Have Any Power to Shut Down Department – It Requires an Act of Congress.

Does President Donald Trump have the power to shut down any department? He cannot unilaterally shut down the Education Department as it was established by legislation and requires an act of Congress to be eliminated. His authority allows him to reduce the department’s scope but not abolish it entirely without congressional approval.

President Donald Trump has come up with a strategy for the crypto reserve.

President Donald J. Trump issued an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning the United States as a premier country in government digital asset strategy.

The Order creates a Strategic Bitcoin Reserve to maintain bitcoin as a reserve asset. The Strategic Bitcoin Reserve will be capitalized with bitcoin possessed by the Department of Treasury that was forfeited through criminal or civil asset forfeiture proceedings.  Other agencies will examine their legal authority to transfer any bitcoin in the possession of their agencies to the Strategic Bitcoin Reserve.

China Responds to US Tariffs but Still Wants Negotiation.

Tariffs are taxes on imported foreign commodities. The companies that import the foreign goods into the country pay the tax to the government. Tariffs typically account for part of the price of a commodity. A 20% tariff on Chinese imports would mean charging an additional $2 on a $10 (£7.76) item. Firms can merely transfer some or all of the cost of tariffs to customers.

The US has tended to put lower tariffs on imports than other countries, so his reciprocal offer would lead to a sharp and dramatic increase in the tax levels and the prices consumers pay at checkout.

UK MPs condemn ‘deeply disrespectful’ JD Vance comments

    JD Vance making his comments / photo google image. The shadow defence secretary together with numerous MPs expressed their outrage when JD Vance described the Anglo-French peace deployment to Ukraine as “20,000 troops from some random country that…