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A fierce debate over the H-1B visa program has erupted among Trump allies, with figures like Elon Musk advocating for its necessity in tech, while Steve Bannon and others criticize it as a means of cheap labor undermining American workers. The program, which allows U.S. companies to hire skilled foreign workers, has seen renewed scrutiny amid economic concerns and layoffs in the tech sector. As Trump shifts his stance to support the program, tensions rise between his MAGA base and the tech elite he needs for job creation.
Former football star Bo Hines has been appointed executive director of the Presidential Council of Advisers for Digital Assets, as President-elect Donald Trump forms a pro-crypto advisory group. This council aims to create a legal framework for the cryptocurrency industry, promoting growth and clarity in the US market.In related news, the presale meme coin Wall Street Pepe ($WEPE) has raised $35 million, positioning itself as a contender in the crypto space by empowering smaller investors against market manipulation. The presale is entering its next stage, urging potential investors to act quickly.
US President-elect Donald Trump has appointed economist Stephen Miran to lead the Council of Economic Advisors and Bo Hines as Executive Director of the newly formed Crypto Council, signaling strong support for the crypto sector. Miran aims to implement noninflationary economic policies that promote growth for all Americans, while Hines will collaborate with David Sacks to foster innovation in digital assets, ensuring the industry thrives as a key component of technological advancement.
Donald Trump has appointed Bo Hines as the executive director of the newly formed Presidential Council of Advisers for Digital Assets, known as the "Crypto Council." Hines, a former Republican House candidate, will collaborate with David Sacks to promote innovation in the crypto industry and establish a supportive regulatory environment. This initiative aims to position the U.S. as a leader in technological advancement, addressing regulatory challenges and fostering growth in digital assets and AI.
Donald Trump has appointed Bo Hines, a 29-year-old former college football player and ex-Republican House candidate, as the Executive Director of his new “Crypto Council.” Despite limited experience in cryptocurrency, Hines is a loyal Trump supporter and will report to David Sacks, focusing on fostering innovation in digital assets.Hines's appointment has raised questions due to his lack of direct crypto experience, but it reflects Trump's strategy to reward allies and promote a pro-crypto agenda. Alongside Hines, Trump has made other pro-crypto appointments, including Sriram Krishnan as Senior AI Policy Adviser and Paul Atkins, a former SEC Commissioner, to lead the agency, aiming to ease regulatory pressures on the industry.
President-elect Donald Trump has appointed Bo Hines as the executive director of the newly formed Presidential Council of Advisers for Digital Assets, also known as the "Crypto Council." This initiative aims to foster innovation in the cryptocurrency sector and ensure America maintains its technological edge.Hines, alongside David Sacks, the designated "Crypto Czar," will work to create a supportive environment for business leaders in the digital assets industry. The council's establishment comes amid significant market fluctuations, with a focus on developing a comprehensive framework for cryptocurrencies to enhance stability and integration into the broader economy.
Donald Trump has appointed Bo Hines, a former college football player and 2022 Republican House candidate, as the executive director of his new “Crypto Council.” Hines will collaborate with David Sacks, the council's head, to promote innovation in the digital assets sector. Additionally, Sriram Krishnan, a former Andreessen Horowitz partner, has been named senior AI policy adviser, reflecting Trump's ongoing support for the crypto industry.
President-elect Donald Trump has appointed Bo Hines as the Executive Director of the Presidential Council of Advisers for Digital Assets, where he will collaborate with David Sacks to promote innovation in the crypto industry. Hines, a former Republican House nominee, expressed his gratitude for the opportunity and commitment to advancing digital assets as a key component of technological progress in the nation.Additionally, Trump has selected Paul Atkins, a former SEC commissioner, to lead the regulatory agency, positioning him as a crypto-friendly alternative to current Chair Gary Gensler. Alongside Hines, Sriram Krishnan has been named Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy.
Sriram Krishnan, a general partner at Andreessen Horowitz, is set to leave the venture capital firm. He has engaged in discussions with Elon Musk regarding a potential role focused on enhancing government efficiency. Krishnan confirmed his departure in messages to Bloomberg.
Dabba trading platforms are ramping up marketing efforts to attract Futures & Options traders amid new SEBI regulations and an increase in Securities Transaction Tax. With upcoming changes, including higher contract sizes and margin requirements, these platforms anticipate a surge in business. Stock exchanges are yet to see the impact of these regulations on trading volumes, which are expected to become apparent by early next year.
Sriram Krishnan
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