Donald Trump is officially the forty -seventh president of the United States, and the United States government goes in some different directions from the last administration.
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Narration
On Monday, US President Donald Trump was sworn in and soon signed a wave of executive orders. Although it took a few days to reach encryption elements, we have seen a number of procedures from his administration already-not to mention the broader Republican Party.
Why do it matter
These agencies and primary bodies of Congress determines the tone for what we can expect with the start of Congress and the new administration this year.
Shatter
There will be time to go to more details about each other later, but now: Now:
White House/Administration
Donald Trump has signed an executive with a high capacity On encryption. Among its provisions are the elements:
- Create a working group consisting of cabinet officials, White House consultants and others charged with determining the regulations dealing with encryption and recommendation whether they have been changed. AI and Crypto CZAR DAVID SACKS will head this working group.
- The task of the working group with the evaluation of the stock of digital assets.
- Any digital currency of the Central Bank, with a fairly wide definition of the Convention on Biological Diversity.
- Cancel the order of former President Joe Biden’s CEO on Crypto, who often directed his sections to formulated reports on various aspects of protection from encryption and consumer.
Trump also announced that the bags will participate in his chairmanship The Council of Presidents Advisors in Science and Technology.
The American Securities and Stock Exchange Committee, She now works under the leadership of acting chief Mark Oidaand A business team formed a coding Headed by Commissioner Hyster Peres. Trump previously named Paul Atkins as his choice to be the agency’s head, as soon as he was confirmed by the Senate.
It was one of the first moves of SEC The accounting bulletin canceled the employees 121The companies that were publicly circulated and carried by Crypto to their customers to celebrate these holdings on their public budgets. SAB 121 strongly opposed the encryption industry, which has argued that it was difficult for banks to provide certain encryption services.
The commodity futures trading committee It is now working under the leadership of the chair on behalf of Caroline Fam. PHAM Eye Policy Adviser CFTC Harry Young As an organized leadership to share the encryption industry. Trump has not previously named a candidate for a permanent chair.
Trump Pardon the creator of Silk Ross OlbrechtSaying about the social truth that he did so “in honor [Ulbricht’s mother] The liberation movement, which strongly supported me.
Trump announced that he would do Naming the current American digital service As the Ministry of Governmental efficiency, the entity headed by Elon Musk (Vivic Ramaswami, who was formerly co -chairman, has now left to run for Ohio). Initially, the entity site Only the Dogoin logo was On that. Companies It is also served to get the DOGECOIN TROCHEDR boxes now.
Trump spoke with the President of El Salvador Nayeb Bokil shortly after he signed his CEO, though this An official reading of the call The encryption was not mentioned in any way.
Senate
The Senate Banking Committee confirmed the establishment A sub -committee focuses on digital assetsLed by the Senator Cinemia Lomes (R-WYO). Among the other members of the Sub-Committee are the novicers, Berno Moreno (R-OHIO), who canceled the former Sherrod Brown (D-OHIO) with $ 40 million support from the Crypto Fairshake, Ruben Gallego (D-Ariz.) He received $ 10 million of support and Dave McC Corc Cormek (R-PA), among others.
Banking Committee Also holding a hearing On February 5, although the list of time and witnesses have not been announced.
Senator Ted Cruise (R-TEXAS) The decision to review the joint Congress is submitted Besides MP Mike Curry (R-ohio) to cancel the base of the tax broker in the Tax Authority. The rule, It was completed late last monthThe term “mediator” is determined for the purposes of reporting the tax department tax, but it is already already I drew a lawsuit From Blockchain Association. The pressure groups in the industry argue that the final rule “places the burdens of illegal compliance with the developers of the program.”
Senator Elizabeth Warren (MAS), the new democratic democracy in the Senate Banking Committee, also requests the US government’s ethics office to consider the Trump symbol. She sent an open letter that he signed by Massachusetts Jake Ushnixus representative.
House of Representatives
The Supervisory Committee in the House of Representatives sent a message Announcing this will be achieved if banks remove the encryption companies At the request of the government.
Financial Services Committee in the House of Representatives I have already identified two sessions on encryption Next month. The first, on February 6, 2025, will focus on the mentioned Debanking. The second, which was appointed on February 11, entitled “The Golden Age of Digital Origins: Drawing a path forward.”
The pioneering democratic request for the House of Representatives Supervision Committee, MP Jerry Connect, the leading republic of the committee, MP James Kumler, to Investigation of Trump’s release of Trump’s currency and his relations with the world financial freedom.
Tuesday
- 16:00 UTC (9:00 am MT) Court of Appeal in the tenth district I heard the arguments In the CUSTODIA case against the Federal Reserve.
- ((Sam Curry)) Some security researchers have discovered that they could track and control some Subaru cars (that is, those connected to the Internet). Weakness has been corrected, for each writer.
- ((Bloomberg)) Walgrens spent $ 200 million to replace the refrigerator doors with screens that are now in a legal battle with the pharmaceutical/pharmacy chain.
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See next week!
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