Page 7 - Us Government

US govt puts GDP data on the public blockchain in Trump's crypto push

The move, as described by Commerce Department officials, will create another avenue - not a replacement - for publishing the economic data

US govt could take stakes in defence companies: Commerce Secretary Lutnick

Following Lutnick's comments, shares of Lockheed were up 1.1%, while Boeing was up about 0.7% and Palantir was down about 1%

US govt stake in chipmaker Nvidia not on the table: Treasury Secy Bessent

"I don't think Nvidia needs financial support, so that seems not on the table right now," he said in an interview on Fox Business' "Mornings with Maria" program

Judge halts Trump's bid to cut funds to 34 'sanctuary' cities, counties

A judge has ruled that the Trump administration cannot deny funding to Boston, Chicago, Denver, Los Angeles and 30 other cities and counties because of policies that limit cooperation with federal immigration efforts. US District Judge William Orrick in San Francisco late Friday extended a preliminary injunction blocking the administration from cutting off or conditioning the use of federal funds for so-called sanctuary jurisdictions. His earlier order protected more than a dozen other cities and counties, including San Francisco, Portland and Seattle. The Trump administration has ratcheted up pressure on those communities as it seeks to make good on President Donald Trump's campaign promise to remove millions of people in the country illegally. One executive order issued by Trump directs Attorney General Pam Bondi and Homeland Security Secretary Kristi Noem to withhold federal money from sanctuary jurisdictions. Another order directs every federal agency to ensure that payments t

Intel has agreed to a deal for US to take 10% equity stake, says Trump

The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms

Texas House approves redrawn maps sought by Trump ahead of 2026 elections

The Texas House has approved redrawn congressional maps that would give Republicans a bigger edge in 2026, muscling through a partisan gerrymander that launched weeks of protests by Democrats and a widening national battle over redistricting. The approval on Wednesday came at the urging of President Donald Trump, who pushed for the extraordinary mid-decade revision of congressional maps to give his party a better chance at holding onto the US House of Representatives in the 2026 midterm elections. The maps, which would give Republicans five more winnable seats, need to be approved by the GOP-controlled state Senate and signed by Republican Gov Greg Abbott before they become official. But the Texas House vote had presented the best chance for Democrats to derail the redraw. Democratic legislators delayed the vote by two weeks by fleeing Texas earlier this month in protest, and they were assigned round-the-clock police monitoring upon their return to ensure they attended Wednesday's

US mulls equity stakes in Micron, Samsung, TSMC after Intel deal talks

The US government is considering taking equity stakes in companies, including Micron, Samsung, and Taiwan Semiconductor Manufacturing Co (TSMC) after its plan of getting 10% stakes in Intel

US adds five more products to high-priority list under Uyghur labour law

The new products include steel, copper, lithium, caustic soda, and red dates, all of which are now under heightened scrutiny for links to forced labour

Intel shares rise 4% on report of possible US government stake purchase

Trump, who called the meeting "very interesting", has taken an unprecedented approach to interventions and deal-making with corporate America

DC residents protest as WH says federal agents will be on patrol 24/7

Residents in one Washington DC neighborhood lined up Wednesday to protest the increased police presence after the White House said the number of National Guard troops in the nation's capital would ramp up and federal officers would be the streets around the clock. After law enforcement set up a vehicle checkpoint along the busy 14th Street Northwest corridor, hecklers shouted, Go home, fascists and Get off our streets. Some protesters stood at the intersection before the checkpoint and urged drivers to turn away from it. The action intensified a few days after President Donald Trump's unprecedented announcement that his administration would take over the city's police department for at least a month. The city's Democratic mayor walked a political tightrope, referring to the takeover as an authoritarian push at one point and later framing the infusion of officers as boost to public safety, though one with few specific barometers for success. The Republican president has said crime i

Nvidia, AMD China revenue deal could be model for others, says Bessent

Asked about reporting that China is urging its companies to avoid the Nvidia H20 processors now allowed for its market, Bessent said "sure, we can discuss that" with the Chinese

Hindu temple desecrated in US, Indian consulate calls act 'reprehensible'

The signboard of a Hindu temple was defaced in the US city of Indiana, an incident described by the Indian consulate as "reprehensible". The "hateful act" took place at the BAPS Swaminarayan Temple in Greenwood city, the temple's official public affairs account said in an X post on Tuesday. This was the fourth time in less than a year that a BAPS temple has been targeted, it said. The Indian Consulate in Chicago took strong note of the act and called it "reprehensible". "Desecration of main signboard of the BAPS Swaminarayan Temple in Greenwood, Indiana is reprehensible," it said in an X post, adding that it has raised the matter with the law enforcement authorities for "prompt action". It added that the consul general also addressed a gathering of devotees and local leadership including the Mayor of Greenwood, "calling for unity & solidarity, and vigilance against miscreants there." The temple administration in its post also said that the act has "strengthened our community's ..

US national debt reaches record $37 trillion, Treasury Department reports

The US government's gross national debt has surpassed USD37 trillion, a record number that highlights the accelerating debt on America's balance sheet and increased cost pressures on taxpayers. The USD37 trillion update is found in the latest Treasury Department report issued Tuesday which logs the nation's daily finances. The national debt eclipsed USD37 trillion years sooner than pre-pandemic projections. The Congressional Budget Office's January 2020 projections had gross federal debt eclipsing USD37 trillion after fiscal year 2030. But the debt grew faster than expected because of a multi-year COVID-19 pandemic starting in 2020 that shut down much of the U.S. economy, where the federal government borrowed heavily under then-President Donald Trump and former President Joe Biden to stabilise the national economy and support a recovery. And now, more government spending has been approved after Trump signed into law Republicans' tax cut and spending legislation earlier this year. Th

Trump admin calls out human rights records of countries accepting deportees

The Trump administration on Tuesday released human rights reports for countries worldwide, which eliminate mentions of discrimination faced by LGBTQ people, reduce a previous focus on reproductive rights and criticise restrictions on political speech by US allies in Europe that American officials believe target right-wing politicians. The reports, which cover 2024 before President Donald Trump took office, reflect his administration's focus on free speech and protecting the lives of the unborn. However, the reports also offer a glimpse into the administration's view of dire human rights conditions in some countries that have agreed to accept migrants deported from the United States under Trump's immigration crackdown. This year's reports were streamlined for better utility and accessibility in the field and by partners, the State Department said. The congressionally mandated reports in the past have been frequently used for reference and cited by lawmakers, policymakers, academic ..

Nvidia, AMD to pay 15% of China chip sale revenue to US, says report

The deal to pay the US government from sales in China is unusual for a president, and marks Trump's latest intervention in corporate decision-making

William Webster, only person to lead both FBI and CIA, dies at 101

Appointed judge by Nixon, FBI chief by Carter, and CIA head by Reagan, Webster was retained by George HW Bush until his retirement in 1991

Epstein's ex Ghislaine Maxwell moved to a low-security Texas prison camp

Jeffrey Epstein's former girlfriend, Ghislaine Maxwell, has been moved from a federal prison in Florida to a prison camp in Texas as her criminal case generates renewed public attention. The federal Bureau of Prisons said Friday that Maxwell had been transferred to Bryan, Texas, but did not explain the circumstances. Her attorney, David Oscar Markus, also confirmed the move but declined to discuss the reasons for it. Maxwell was convicted in 2021 of luring teenage girls to be sexually abused by the disgraced financier, and was sentenced to 20 years in prison. She had been held at a low-security prison in Tallahassee, Florida, until her transfer to the prison camp in Texas, where other inmates include Theranos founder Elizabeth Holmes and Jen Shah of The Real Housewives of Salt Lake City. Minimum-security federal prison camps house inmates the Bureau of Prisons considers to be the lowest security risk. Some don't even have fences. The prison camps were originally designed with low .

Columbia Sportswear sues Columbia Univ over confusingly similar merchandise

For decades, T-shirts, sweatshirts and other clothing under the Columbia Sportswear brand and clothing emblazoned with the Columbia University name coexisted more or less peacefully without confusion. But now, the Portland-based outdoor retailer has sued the New York-based university over alleged trademark infringement and a breach of contract, among other charges. It claims that the university's merchandise looks too similar to what's being sold at more than 800 retail locations, including more than 150 of its branded stores, as well as its website and third-party marketplaces. In a lawsuit filed July 23 in the US District Court for the District of Oregon, Columbia Sportswear, whose roots date back to 1938, alleges that the university intentionally violated an agreement the parties signed on June 13, 2023. That agreement dictated how the university could use the word Columbia on its own apparel. As part of the pact, the university could feature Columbia on its merchandise provided

Iraq's PM Al-Sudani seeks closer US ties while keeping armed groups at bay

The prime minister of Iraq has kept his country on the sidelines as military conflicts raged nearby for almost two years. This required balancing Iraq's relations with two countries vital to his power and enemies with each other: the US and Iran. The feat became especially difficult last month when war broke out between Israel, a US ally, and Iran and the US struck Iranian nuclear sites. Mohammed Shia al-Sudani said he used a mix of political and military pressure to stop armed groups aligned with Iran from entering the fray. In an exclusive interview with The Associated Press, Al-Sudani explains how he did this, how he plans to keep these groups in check going forward and as he seeks a second term why he wants to get closer to the Trump administration, even as he maintains strong ties to Iran-backed political parties that helped propel him to power in 2022. Staying on the sidelines as Israel and Iran traded blows After Israel launched airstrikes on Iran and it responded by firi

US data experts unite to save public statistics amid political interference

The data nerds are fighting back. After watching data sets be altered or disappear from U.S. government websites in unprecedented ways after President Donald Trump began his second term, an army of outside statisticians, demographers and computer scientists have joined forces to capture, preserve and share data sets, sometimes clandestinely. Their goal is to make sure they are available in the future, believing that democracy suffers when policymakers don't have reliable data and that national statistics should be above partisan politics. There are such smart, passionate people who care deeply about not only the Census Bureau, but all the statistical agencies, and ensuring the integrity of the statistical system. And that gives me hope, even during these challenging times, Mary Jo Mitchell, director of government and public affairs for the research nonprofit the Population Association of America, said this week during an online public data-users conference. The threats to the U.S.