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Top Trump administration officials inadvertently shared sensitive military plans in a Signal messaging group that included a journalist, prompting calls for a congressional investigation into the breach of national security. Defense Secretary Pete Hegseth denied sharing war plans, while Democratic lawmakers condemned the incident as illegal and reckless. The White House confirmed an investigation is underway, with President Trump reportedly unaware of the situation.
A lawsuit has been filed challenging the legitimacy of Elon Musk's newly established Department of Government Efficiency (DOGE), claiming it lacks proper constitution and transparency. Critics argue that the agency's narrow mandate, as outlined in a recent executive order, may be a tactic to evade federal regulations, raising concerns about accountability and public disclosure. Despite promises of transparency from Musk, watchdog groups continue to pursue legal avenues to ensure compliance with ethical guidelines.
President-elect Donald Trump is expected to sign a pro-crypto executive order on his first day in office, aimed at addressing issues like "debanking" and repealing Staff Accounting Bulletin 121, which mandates that digital assets be listed as liabilities. Trump's team, including crypto czar David Sacks, is collaborating with industry leaders to create a legislative strategy to foster a more favorable environment for the crypto sector. The administration plans to combat excessive regulation and promote tech innovation across various government agencies.
Chainlink (LINK) is poised for a potential rally to $38 in January, driven by factors such as a rumored partnership with BlackRock, increased whale accumulation, positive technical indicators, and anticipated market shifts following Donald Trump's return to office. Analysts are optimistic, with predictions suggesting LINK could surpass $35 soon, reflecting growing institutional interest and trading volume.
The cryptocurrency industry is urging President-elect Trump to implement a series of executive orders on his first day in office, aimed at mainstreaming crypto. Key proposals include establishing a national bitcoin stockpile, improving banking access for crypto firms, and forming a crypto council. Trump's administration is expected to reverse the previous regulatory crackdown, with a focus on fostering innovation and American leadership in the crypto space.
Mexican President Claudia Sheinbaum warned that proposed U.S. tariffs could lead to significant job losses in the U.S. and retaliatory measures from Mexico. Economy Minister Marcelo Ebrard emphasized the need for regional cooperation, stating that tariffs would harm both economies, particularly the automotive sector, which heavily relies on cross-border trade. Analysts view the tariff threats as a negotiating tactic rather than a firm trade policy.
Donald Trump celebrated his victory in the 2024 presidential race, highlighting Elon Musk as a key ally in his vision for America. Musk, a prominent supporter of Trump, may take on a significant role in a second administration, potentially leading a commission to enhance government efficiency and optimize taxpayer spending.
Brian Hughes
People
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us officials face backlash over leaked military plans in messaging group
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