Powerful paragraph from U.S. Secretary of the Treasury Scott Bessent’s statement for the World Bank Development Committee and IMF International Monetary and Financial Committee:
“One area where this refocus must go further is in the IMF’s work on global imbalances. This especially includes strengthening its analysis and engagement on the role non-market policies and practices and exchange rates play in driving external imbalances. Policymakers around the world are having difficult discussions about how to sustain market-based systems amid distortionary policies from some economies that skew competition and hurt employment. The IMF was founded to prevent these kinds of distortive policies and negative spillovers, and must exercise its voice on this critical issue or risk being sidelined.”
🚨🇺🇸 The Trump Admin is PERMANENTLY ending automatic work permit extensions of up to 540 days for certain immigrants...
And the new rule takes effect TODAY.
Under the previous system, eligible foreign nationals could continue working while immigration officials processed their renewal applications, even after their permits expired.
Now, affected applicants will need their renewals approved before they can continue working legally.
DHS says the change will ensure applicants undergo updated security screening before receiving renewed authorization.
Writer: Samuel
Vice President JD Vance on H1-B visas:
"If you’re going to bring in an accountant making $45,000 a year to replace an accountant who is an American making $60,000 a year, that’s not you using the program to bring in a genius. That’s you destroying American jobs and defrauding the American people... my view is the H1-B program is completely broken."
My salute to the Indian pilot Captain Smit Machchhar for his extraordinary bravery.
Despite being stabbed and seriously injured, he fought back, resisted, opened the cockpit door, and enabled passengers and crew to overpower the attacker — preventing a catastrophic mid-air disaster.
He saved the lives of 174 people, including Israeli citizens and other nationals.
I wish Captain Machchhar a speedy and full recovery.
He is a true hero.
Imagine how many US Treasury bonds need to be bought to back the biggest stablecoins
Imagine how much easier it could be to buy US based stocks around the world with Tokenization (Shoutout to our Ondo partners below for being a part of this trend!)
Crypto if embraced by the United States could be one of the things that propagates US-based assets to the rest of the world
BREAKING: Exxon Mobil has shut down one of the largest diesel refineries in the Midwest, which produces ~11 million gallons of gasoline and diesel fuel per day, due to outage issues.
This comes as diesel prices have already surged nearly 90% this year and the US has entered peak diesel demand season.
We expect to see diesel prices push toward $7.00/gallon.