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Category: Politics
June 25, 2025
Crime
Immigration
Politics

Dem Congresswoman to Plead Not Guilty to Assaulting ICE Personnel.

PULSE POINTS

❓WHAT HAPPENED: Congresswoman LaMonica McIver (D-NJ) is facing charges for impeding Department of Homeland Security (DHS) agents during an altercation at an immigration facility in May.

👤WHO WAS INVOLVED: Rep. LaMonica McIver, Newark Mayor Ras Baraka, and federal agents.

📍WHEN & WHERE: The incident occurred on May 9 at the Delaney Hall immigration facility in New Jersey. McIver is expected to plead “not guilty” to charges in court on Wednesday, June 25, 2025.

💬KEY QUOTE: “The facts of this case will prove I was simply doing my job and will expose these proceedings for what they are: a brazen attempt at political intimidation.” – Rep. LaMonica McIver.

🎯IMPACT: McIver faces up to 17 years in prison if convicted on all charges.

IN FULL

Representative LaMonica McIver (D-NJ) is set to appear in court to face charges stemming from a May 9 incident at the Delaney Hall immigration facility. McIver is accused of forcibly impeding federal officers during the attempted arrest of Newark Mayor Ras Baraka. The charges include allegations that McIver physically obstructed officers, using her arms to block and strike them.

According to the Department of Justice (DOJ), Baraka had entered a secured area of the facility and refused to leave when asked by federal agents. As officers attempted to arrest him, McIver allegedly intervened, using physical force against the agents. Each of the first two counts against McIver carries a maximum sentence of eight years, while a third count carries up to one year.

Acting U.S. Attorney Alina Habba, who has previously represented President Donald J. Trump, is overseeing the prosecution. Habba stated that McIver “assaulted, impeded, and interfered with law enforcement.” In response, McIver has denied the charges, asserting that the case is a politically motivated attempt to intimidate her.

“The facts of this case will prove I was simply doing my job and will expose these proceedings for what they are: a brazen attempt at political intimidation,” McIver said in a statement. She added, “This indictment is no more justified than the original charge and is an effort by Trump’s administration to dodge accountability for the chaos ICE caused and scare me out of doing the work I was elected to do.”

Meanwhile, the Campaign for Accountability, a liberal watchdog group, has filed an ethics complaint against Habba, accusing her of targeting McIver and Baraka for their involvement in the protest and oversight visit. The group alleges the charges are politically motivated. Baraka, who was arrested during the incident, had a trespassing charge against him dismissed.

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June 25, 2025
Politics

Far-Left Immigrant Zohran Mamdani Has Won the Dems’ NYC Mayoral Primary.

PULSE POINTS

❓WHAT HAPPENED: Zohran Mamdani, a Uganda-born Democratic Socialist, defeated former New York Governor Andrew Cuomo in the New York City Democratic mayoral primary.

👤WHO WAS INVOLVED: Zohran Mamdani, Andrew Cuomo, New York Attorney General Letitia James, and other Democratic leaders.

📍WHEN & WHERE: The primary election took place in New York City on Tuesday, June 24, 2025.

💬KEY QUOTE: “Tonight, we made history. In the words of Nelson Mandela, it always seems impossible until it is done… I will be your Democratic nominee for the Mayor of New York City,” Mamdani said, before declaring that NYC will be a city “…where the mayor will use their power to reject Donald Trump’s fascism—to stop mass ICE agents from deporting our neighbors… .”

🎯IMPACT: Mamdani’s victory is seen as a tectonic shift in the Democratic Party, with younger and progressive voters gaining influence. The mayoral candidate was backed by a far-left political coalition led by Congresswoman Alexandria Ocasio-Cortez (D-NY), herself rising quickly as the potential front-runner for the Democratic Party’s 2028 presidential nomination.

IN FULL

Democratic Socialist Zohran Mamdani defeated former New York Governor Andrew Cuomo in a stunning upset during the New York City Democratic mayoral primary. Mamdani, a two-term Queens assemblyman originally from Uganda, secured 43 percent of the vote compared to Cuomo’s 36 percent, with 96 percent of precincts reporting. Cuomo conceded Tuesday evening, acknowledging Mamdani’s victory.

Notably, Mamdani was backed by a far-left political coalition led by progressive Congresswoman Alexandria Ocasio-Cortez (D-NY), who is widely seen as a potential front-runner for the 2028 Democratic Party presidential nomination. Along with Senator Bernie Sanders (I-VT), Ocasio-Cortez helped to rally young Democrats to Mamadni—with the latter’s radical politics serving as a selling point over the more establishment views of former Governor Cuomo.

Basil Smikle, a former executive director of the New York State Democratic Party, remarked, “It’s an important moment in political history. Mamdani ran as an economic populist. It was a campaign about affordability.” His proposals, including free bus fares and higher taxes on the wealthy, resonated with blue-collar voters, despite criticism of their feasibility. Cuomo’s campaign, despite backing by $25 million from a super PAC and support from several unions, struggled to match Mamdani’s grassroots momentum.

“Tonight, we made history. In the words of Nelson Mandela, it always seems impossible until it is done… I will be your Democratic nominee for the mayor of New York City,” Mamdani declared late Tuesday night. He continued: “We have won from Harlem to Bay Ridge… from Jackson Heights to Port Richmond… New Yorkers have stood up for a city they can afford—where those who toil in the night can enjoy the fruits of their labor in the day.”

“And it’s where the mayor will use their power to reject Donald Trump’s fascism—to stop mass ICE agents from deporting our neighbors, and to govern our city as a model for the Democratic Party, where we fight for working people with no apology,” Mamdani added.

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June 24, 2025
Media
Politics

Tucker Carlson Says Murdochs Asked Him to Challenge Trump for GOP Nomination — After Firing Him.

PULSE POINTS

❓WHAT HAPPENED: Tucker Carlson alleged that the Murdoch family asked him to run against Donald J. Trump for the 2024 Republican presidential nomination—after firing him from Fox News.

👤WHO WAS INVOLVED: Former Fox News host Tucker Carlson, Rupert Murdoch, Lachlan Murdoch, and President Trump.

📍WHEN & WHERE: Carlson says this occurred in May 2023, following his termination in April 2023, as discussed on his show with guest Clayton Morris in June 2025.

💬KEY QUOTE: “The Murdochs really hate Trump. Like, there’s no one who hates Trump more than the Murdochs,” said Carlson.

🎯IMPACT: The revelation adds to ongoing speculation about the Murdoch family’s attitude towards the Trump administration, with the President having heavily criticized Fox News in recent weeks.

IN FULL

Former Fox News host Tucker Carlson has claimed that the Murdoch family—owners of Fox News, the Wall Street Journal, and The New York Post—urged him to run against Donald J. Trump in the 2024 Republican presidential primary. Carlson made the claim during a conversation with guest Clayton Morris on his show.

“The Murdochs really hate Trump. Like, there’s no one who hates Trump more than the Murdochs,” Carlson told Morris. He went on to allege that in May 2023, just a month after his firing, Lachlan Murdoch directly proposed the idea of him running against Trump for the Republican nomination, with the promise of full backing from their media empire.

“I got fired in April of 2023. In May of 2023, they asked me to run for President against Trump and said they would back me. Obviously, I’m not gonna be running for any office,” Carlson said, adding, “I like Trump!”

Morris pressed for clarification, asking if the suggestion came directly from Lachlan Murdoch. Carlson confirmed, stating, “Yeah, Lachlan Murdoch said, ‘You should run… We’ll back you, the whole thing.’” He continued, “I was still under contract, but they canceled my show. ‘You should run, we support you, you should run.’”

Carlson also suggested that the Murdochs’ motivation was to counter Trump’s presidential campaign, with Morris summarizing, “We want to stop Trump.” Carlson replied, “Yeah, well, he was running.”

Image by Gage Skidmore.

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June 24, 2025
William Upton
Economy
Politics

Fed Civil War as Even Democrats Push Powell to Cut Rates.

PULSE POINTS

❓WHAT HAPPENED: Federal Reserve Chairman Jerome Powell faced bipartisan pressure from House Democrats and House Republicans to begin cutting interest rates during a Tuesday hearing on Capitol Hill.

👤WHO WAS INVOLVED: Democrat and Republican members of the House Financial Services Committee, Federal Reserve Chairman Jerome Powell, President Donald J. Trump, and Federal Reserve Board of Governors members Christopher Waller and Michelle Bowman.

📍WHEN & WHERE: Powell testified before the House Financial Services Committee on Tuesday, June 24, 2025.

💬KEY QUOTE: “From our side, we’d love to see the rates go down,” said Congressman Juan Vargas (D-CA), adding: “I know a number of my colleagues on the other side would love to see the rates go down. I think it’s pretty unanimous.”

🎯IMPACT: With President Trump, GOP and Democrat lawmakers, and Federal Reserve governors increasingly opposed to Powell’s refusal to cut rates, he may be forced to begin climbing down from his position.

IN FULL

Federal Reserve Chairman Jerome Powell is facing mounting pressure both internally at the central bank and externally from the White House and a bipartisan coalition of lawmakers on Capitol Hill to begin reducing U.S. interest rates. Appearing before Congress on Tuesday, Powell was peppered by House Republicans and Democrats alike to explain his reasoning for not moving to reduce the cost of borrowing.

“From our side, we’d love to see the rates go down,” Congressman Juan Vargas (D-CA) told the Fed chairman during a House Financial Services Committee hearing on Tuesday. The California Democrat added: “I know a number of my colleagues on the other side would love to see the rates go down. I think it’s pretty unanimous.”

Just before the hearing, President Donald J. Trump urged lawmakers to grill Powell, posting on Truth Social: “I hope Congress really works this very dumb, hardheaded person, over.”

The bipartisan pressure faced by Powell was compounded in recent days, which saw two members of the Federal Reserve’s Board of Governors, who sit on the rate-setting Federal Open Market Committee (FOMC), announce their support for the central bank to begin cutting rates in July. On Friday, Federal Reserve Governor Christopher Waller acknowledged that fears over President Trump’s tariffs reigniting inflation were overblown. “I think we’re in the position that we could do this as early as July,” Waller stated, adding: “That would be my view, whether the committee would go along with it or not.”

Waller was joined on Monday by his fellow Fed governor and FOMC member, Michelle Bowman, who echoed her colleague. “It is likely that the impact of tariffs on inflation may take longer, be more delayed, and have a smaller effect than initially expected,” Bowman said in a speech at a research conference in Prague. She added: “Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting.”

Despite increasing internal and external pressure on Powell to slash rates, the Federal Reserve chairman remains obstinate. “As long as the economy’s strong, we can take a little bit of a pause,” Powell told House lawmakers in response to their push for a July rate cut. While the central bank chief acknowledged that the hard data suggests he should have continued reducing rates after the Fed’s last cut in December, Powell—repeating a mantra he has stated for months—insisted: “The difference, of course, is at this time, all forecasters are expecting pretty soon, that some significant inflation will show up from tariffs.”

However, there has been no evidence of a resurgence of inflation due to the tariffs imposed by the Trump White House. In fact, as Trump’s Treasury Secretary Scott Bessent has noted, the tariffs may actually be having a deflationary effect, which should—under normal circumstances—spur the Federal Reserve to reduce interest rates.

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June 24, 2025
William Upton
Politics

DEI Loving, Trump Threatening Dem Named Ranking Member of Powerful Congressional Committee.

PULSE POINTS

❓WHAT HAPPENED: Congressman Robert Garcia (D-CA) has been tapped to replace the late Rep. Gerry Connolly (D-VA) as the ranking member on the House Oversight Committee, beating out his fellow far-left colleague, Jasmine Crockett (D-TX). Garcia, in his second term of office, was previously the subject of an inquiry by federal prosecutors over implied threats against President Donald J. Trump and Elon Musk.

👤WHO WAS INVOLVED: Rep. Robert Garcia, Rep. Jasmine Crockett, House Democrats, the House Oversight Committee, and the late Rep. Gerry Connolly.

📍WHEN & WHERE: Garcia was elected as ranking member on Tuesday, June 24, 2025.

💬KEY QUOTE: In February, Garcia was accused of threatening Musk and Department of Government Efficiency (DOGE) staff during a televised interview, stating, “What the American public want is for us to bring actual weapons to this bar fight. This is an actual fight for democracy.”

🎯IMPACT: Despite his history of radical and inflammatory statements, the 47-year-old Garcia is being billed by his Democrat colleagues as a “coalition builder” and “cool and calm under the storm.”

IN FULL

Congressman Robert Garcia (D-CA), an openly gay lawmaker who migrated to the United States from Peru as a minor, has been elected by his House Democrat colleagues as the ranking member on the powerful House Oversight Committee. Garcia succeeds the late Representative Gerry Connolly (D-VA), who passed away in May following a battle against esophageal cancer.

The 47-year-old California Democrat and close ally of Minority Leader Hakeem Jeffries (D-NY) is being billed by his party as a “coalition builder” and “cool and calm under the storm.” However, Garcia’s public statements and divisive political positions render descriptions highly questionable. The National Pulse reported in February that Garcia was the subject of an inquiry by then-U.S. Attorney Ed Martin over alleged threats the Democrat lawmaker had made towards the Trump administration, particularly Elon Musk and staff working at the Department of Government Efficiency (DOGE).

“What the American public want is for us to bring actual weapons to this bar fight,” Garcia said during a panel discussion on CNN, adding: “This is an actual fight for democracy.” Rather than recognizing the inflammatory nature of his attacks on Musk and DOGE, Garcia instead accused the Department of Justice (DOJ) of targeting him.

Meanwhile, late last year, Garcia spearheaded an effort to use the threat of Congressional action to pressure major U.S. corporations to maintain discriminatory diversity, equity, and inclusion (DEI) policies, despite mounting consumer and shareholder backlash. “Inclusion is a core American value, and a great business practice,” Garcia and nearly 50 House Democrats joining him wrote. “By embracing this value, you create safer and fairer workplaces without sacrificing quality or financial success.”

Garcia defeated a crowded field of fellow Democrats in the Oversight Committee’s ranking member election, including the far-left progressive Rep. Jasmine Crockett (D-TX), Rep. Kweisi Mfume (D-MD), and Rep. Stephen Lynch (D-MA).

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June 23, 2025
Politics

Lib State Breaks Ground on New Nuclear Power Plant.

PULSE POINTS

❓WHAT HAPPENED: Plans to build the first major U.S. nuclear power plant in over 15 years have been announced in New York.

👤WHO WAS INVOLVED: Governor Kathy Hochul (D-NY) and the New York Power Authority.

📍WHEN & WHERE: The announcement was made on Monday, June 23, 2025, by Hochul in an interview with The Wall Street Journal.

💬KEY QUOTE: “I’m going to lean into making sure that every company that wants to come to New York and everyone who wants to live here will never have to worry about reliability and affordability when it comes to their utility costs,” Gov. Hochul said in the interview.

🎯IMPACT: The new nuclear power plant will produce enough electricity to power one million homes as part of Gov. Hochul’s plan to add at least one gigawatt of electrical power generation to New York’s nuclear energy capacity.

IN FULL
New York has announced plans to build the first major U.S. nuclear power plant in more than a decade and a half. The plans for the plant’s construction were revealed by Governor Kathy Hochul (D-NY) during an interview with The Wall Street Journal on Monday.
“I’m going to lean into making sure that every company that wants to come to New York and everyone who wants to live here will never have to worry about reliability and affordability when it comes to their utility costs,” Gov. Hochul said, suggesting that she is pursuing assistance from the Trump White House and the Department of Government Efficiency (DOGE) to streamline and reduce regulatory hurdles at the Nuclear Regulatory Commission.
“Why does it take a decade?” the New York Democrat asked regarding federal nuclear power regulations. “That’s why no one is doing it; the barriers are too high.”
Notably, the United States has not constructed a new nuclear power facility in over 15 years, and only a total of five new nuclear reactors have been built since 1991. The lack of new construction means that the rate of nuclear power plant retirements has far outpaced new construction.
The closure of nuclear power facilities across the United States has resulted in an increase in reliance on fossil fuels to meet increasing electrical power demands. This situation has been exacerbated in recent years by the explosion in artificial intelligence (AI) technology, which requires the use of power-intensive data centers.

New nuclear power plant construction has faced opposition from far-left environmentalist groups who use fears surrounding incidents like the earthquake damage and meltdown at Japan’s Fukushima Daiichi plant to generate public and political resistance. Notably, a number of these “green agenda” groups receive financial backing from China, Russia, and other energy industry interests opposed to nuclear power.

Image by Jiří Sedláček.

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June 23, 2025
Politics

Biden’s White House Doctor to Testify in Mental Health Probe.

PULSE POINTS

❓WHAT HAPPENED: Dr. Kevin O’Connor, former White House physician to Joe Biden, will testify before the House Oversight Committee after being subpoenaed.

👤WHO WAS INVOLVED: Dr. Kevin O’Connor, Rep. James Comer (R-KY), Neera Tanden, Anthony Bernal, Ashley Williams, Annie Tomasini, and the House Oversight Committee.

📍WHEN & WHERE: Scheduled for July 9 before the House Oversight Committee.

🎯IMPACT: The investigation seeks to determine whether Biden’s cognitive decline influenced decision-making in his administration.

IN FULL

Dr. Kevin O’Connor, the former White House physician who treated then-President Joe Biden, is set to appear for a deposition before the House Oversight Committee on July 9. This was confirmed by a source familiar with the committee’s schedule. O’Connor agreed to testify following a subpoena issued by Rep. James Comer (R-KY), the committee’s chairman.

Comer is leading an investigation into allegations that Democrat staffers in the White House worked to cover up Biden’s cognitive decline while in office. The inquiry also focuses on Biden’s use of an autopen for official government business.

The Department of Justice (DOJ) previously ruled in 2005 that autopen use is legal, and a federal appeals court upheld this in 2024. However, questions have arisen as to whether Biden was aware of certain orders being signed via autopen in his name. Notably, House Speaker Mike Johnson (R-LA) has publicly spoken about an incident where the octogenarian Democrat appeared unaware that he had issued an executive order halting liquid natural gas exports.

In addition to O’Connor, the Oversight Committee has scheduled interviews with former Biden White House aides Neera Tanden, Anthony Bernal, Ashley Williams, and Annie Tomasini. Unlike O’Connor, these aides agreed to interviews without being subpoenaed.

A former Biden official, speaking anonymously with the media, denied allegations that decisions were made without Biden’s involvement, stating: “Any accusation that President Biden was not making decisions is false. President Biden made the decisions about the pardons and the executive orders he issued, and the legislation he signed into law.”

The Republican-led Senate Judiciary Committee has also shown interest in Biden’s mental fitness. Its first public hearing on the matter did not include witnesses with direct knowledge of Biden’s decision-making process.

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June 20, 2025
Data
Politics

DATA: Service Workers Back No Tax on Tips Plan in Trump’s ‘Big Beautiful Bill.’

PULSE POINTS

❓WHAT HAPPENED: Hourly workers in service, hospitality, and retail industries overwhelmingly support President Donald J. Trump’s No Tax on Tips plan, according to a new survey.

👤WHO WAS INVOLVED: President Donald J. Trump, hourly workers, and the authors of the survey report.

📍WHEN & WHERE: Survey results published recently, with workers across the United States voicing their support.

💬KEY QUOTE: “I don’t know what the holdup is. I don’t know what the politics are, but if we can cut the BS now … it can help out a lot of people.” – Nevada food service worker.

🎯IMPACT: The plan aims to provide financial stability and relief for hourly workers, while being part of a broader economic agenda under Trump’s leadership.

IN FULL

Hourly workers in the service, hospitality, and retail industries overwhelmingly back President Donald J. Trump’s No Tax On Tips plan in the “One Big Beautiful Bill,” according to a new survey, saying tax-free tips would bring them needed financial stability and relief. According to the data, 83 percent of hourly workers want to see No Tax on Tips become law, with just four percent saying otherwise.

“These results suggest that any measure increasing the amount of immediately available income—such as untaxed tips—would provide meaningful, stabilizing support for a large segment of the hourly workforce,” the report, published by the earned wage payroll company Instant, states. As one Nevada food service worker put it: “I don’t know what the holdup is. I don’t know what the politics are, but if we can cut the BS now … it can help out a lot of people.”

Currently, the “One Big Beautiful Bill”—in the form of budget reconciliation legislation—is undergoing changes in the U.S. Senate after being adopted by the House of Representatives last month. While senators are making substantive changes to the bill’s Medicaid provisions, tax provisions like No Tax on Tips, No Tax on Overtime, and No Tax on Social Security are not expected to be altered from the House version.

The National Pulse has previously reported that President Trump has overseen the largest increase in blue-collar wage growth in 60 years. Blue-collar workers have experienced a 1.7 percent real wage increase in the first five months of Trump’s second term. The wage growth sharply contrasts with the negative growth experienced under former President Joe Biden.

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June 20, 2025
Immigration
Politics

The LA Dodgers Say They Stopped an ICE Raid at Their Stadium. DHS Says That’s a Lie.

PULSE POINTS

❓WHAT HAPPENED: The Los Angeles Dodgers claims they denied U.S. Immigration and Customs Enforcement (ICE) access to their baseball stadium parking lot for the purposes of a workplace raid; however, the Department of Homeland Security (DHS) states the agents were members of Customs and Border Protection (CBP) and were merely transferring detainees from an earlier raid nearby.

👤WHO WAS INVOLVED: ICE, the Los Angeles Dodgers, and DHS.

📍WHEN & WHERE: Thursday morning at Dodger Stadium in Los Angeles, California.

💬KEY QUOTE: “This morning, ICE agents came to Dodger Stadium and requested permission to access the parking lots. They were denied entry to the grounds by the organization.” – LA Dodgers statement.

🎯IMPACT: The decision sparked backlash on social media, with calls for boycotts and criticism of the baseball team’s stance.

IN FULL

The Department of Homeland Security (DHS) is denying the Los Angeles Dodgers’ claims that U.S. Immigration and Customs Enforcement (ICE) attempted to conduct a workplace raid at the baseball team’s stadium but was denied entry. On Thursday, the Dodgers claimed, “This morning, ICE agents came to Dodger Stadium and requested permission to access the parking lots. They were denied entry to the grounds by the organization. Tonight’s game will be played as scheduled.”

However, DHS, responding to the incident, has clarified that the presence of Customs and Border Protection (CBP) vehicles at the stadium was unrelated to any operational enforcement. “This had nothing to do with the Dodgers. CBP vehicles were in the stadium parking lot very briefly, unrelated to any operation or enforcement,” DHS stated. A post from ICE’s official X account also denied the Dodgers’ claims, stating, “False. We were never there.”

The incident drew significant attention online, with images of DHS vehicles circulating on social media. CBP officials note that the vehicles were part of a separate raid at a nearby Home Depot, and due to protests, were unable to transfer the illegal immigrants they apprehended at the scene of the raid. Instead, they traveled to the nearby stadium parking lot to place detainees in vans to take them to a federal detention facility.

The Dodgers have faced increasing pressure to align with pro-illegal immigration activists, particularly after anti-ICE riots in Los Angeles earlier this month. Notably, the controversy comes in the wake of another divisive decision by the Dodgers, when the team chose to honor the “Sisters of Perpetual Indulgence,” a drag group centered around blasphemous distortions of the Catholic faith.

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June 19, 2025
Economy
Politics

Trump Is Pushing the House to Pass This Senate Crypto Bill, Fast.

PULSE POINTS

❓WHAT HAPPENED: The Senate passed the GENIUS Act in a 68-30 vote, aiming to position the U.S. as a leader in digital assets.

👤WHO WAS INVOLVED: President Donald J. Trump, the U.S. Senate, and the House of Representatives.

📍WHEN & WHERE: Senate approved the bill on Tuesday, with Trump urging the House to act on Wednesday.

💬KEY QUOTE: “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS!” – Donald Trump.

🎯IMPACT: The GENIUS Act could establish the U.S. as a global leader in crypto and digital asset innovation.

IN FULL

President Donald J. Trump late Wednesday urged the House to speedily pass the Senate’s GENIUS Act, arguing it would propel the United States to become the world’s leader on crypto and digital assets. The upper chamber approved the legislation in a 68-30 vote on Tuesday.

The bill would enact new federal guidelines for stablecoins and create a framework for private companies to issue digital dollars. “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS! Digital Assets are the future, and our Nation is going to own it,” President Trump wrote on Truth Social.

“We are talking about MASSIVE Investment, and Big Innovation. The House will hopefully move LIGHTNING FAST, and pass a ‘clean’ GENIUS Act,” he continued, adding: “Get it to my desk, ASAP — NO DELAYS, NO ADD ONS. This is American Brilliance at its best, and we are going to show the World how to WIN with Digital Assets like never before!”

Trump’s Treasury Secretary, Scott Bessent, has lauded the bill, stating that “stablecoins could grow into a $3.7 trillion market by the end of the decade.”

“A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins,” Bessent wrote in a post on X (formerly Twitter), adding: “This newfound demand could lower government borrowing costs and help rein in the national debt.”

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