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Google is blocking AI searches for Trump and dementia
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Oregon’s National Guard lawsuit hinges on Trump’s Truth Social posts

by admin October 4, 2025


After getting off the phone with Oregon Governor Tina Kotek on Saturday, the president mused over something that had baffled him about the call. Kotek had been “very nice,” said Trump in an interview the next day. But she was trying hard to convince him not to send in the National Guard, and that just didn’t make any sense to him. “But I said, ‘Well wait a minute, am I watching things on television that are different from what’s happening?’”

Hours later, Defense Secretary Pete Hegseth issued a memorandum federalizing 200 members of Oregon’s National Guard to deploy to Portland, and the state of Oregon promptly filed suit to stop it from happening.

In a hearing on Friday, the state of Oregon and the city of Portland presented arguments as to why a federal judge should grant a temporary restraining order against Trump. Over the course of about an hour and a half, the court appearance became a strange collision of television and reality, internet posts and statutory provisions. The two sides veered over a wide swath of legal territory — the prongs of Section 12406, the Posse Comitatus Act, the Administrative Procedure Act, irreparable harm. But the formalized structure of the hearing and the stolid, wood-paneled surroundings could not disguise the sheer insanity at the heart of the case. The lawsuit boils down to two things: the “great level of deference” owed to the Executive Branch when federalizing the National Guard, and the obvious truth that the Executive Branch is, at the moment, completely out of its gourd and posting through it.

There are three prongs to 10 U.S.C. § 12406, which outlines the circumstances under which the president may call up the National Guard. The first is in case of an invasion by a foreign power. The second is in the case of a rebellion. The third is when “the President is unable with the regular forces to execute the laws of the United States.”

“The parties have largely focused on Prong 3,” said Judge Karin Immergut as the hearing commenced. “I don’t think anyone has argued that we’re in danger of rebellion against the authority of the United States, but the defendants can correct me on that.”

As it turned out, the defendants — or rather, the DOJ attorneys representing the president and Pete Hegseth — did want to argue that Portland was on the verge of a revolt, saying that the protests at the ICE facility in Southwest Portland were a “deliberate organized resistance to the force and arms” of the United States.

“That standard is so broad it would swallow a whole lot of conduct,” objected Oregon senior assistant attorney general Scott Kennedy. “Most protests oppose authority.”

But somehow, the DOJ’s assertion that Portland was in danger of falling into an armed rebellion, wasn’t the most surreal part of the hearing. Most of the hearing was devoted to whether or not the preconditions for Prong 3 (the inability to execute US law using “regular forces”) had been met — or rather, whether the president’s determination that it had been met was valid.

When Judge Immergut asked the DOJ what the primary source of authority for the president’s determination was, deputy assistant attorney general Eric Hamilton replied, without the slightest hint of shame, “The most important determination is reflected in posts that he made on Truth Social.”

The two posts he cited were on September 27th and October 1st. In the first post, the president purported to authorize “full force” to call up troops to “protect War ravaged Portland” from “domestic terrorists.” The second post is much longer, and although it features Trump’s signature erratic use of capital letters, its sentences have multiple clauses and correspond to actual legal provisions. It’s a Trump-flavored post that doesn’t feel quite Trump. This October 1st post gets into the nitty gritty, specifying that he “activated and called into service the National Guard” because law enforcement “have not been able to enforce the Laws in Oregon.” The state of Oregon argued that the October 1st post was inappropriate to consider, since Hegseth had issued his memo on September 28th — a perfectly reasonable objection that barely seemed worth making, under the circumstances.

Hamilton took it upon himself to flesh out the picture of the war zone that the president was posting about. ICE was under “vicious and cruel” attacks by protesters, he said. Rocks had been thrown at ICE agents, protesters had attempted to “blind” ICE drivers with flashlights, ICE vehicle locations had been posted on the internet, ICE agents had been doxxed, and most terrifyingly, the driveway of the ICE facility had been occasionally blockaded, preventing shift changes. He also cited protesters setting up a guillotine on site. (No ICE agents have been guillotined.)

It was remarkable how many of the “attacks” he described were really about internet posts — posts about the vehicle locations, posts about the identities of ICE agents, posts with “violent threats” that proved that Portland was out of control. Kennedy pointed out that “by the defendant’s own description of the National Guard,” none of these things were in the National Guard’s power to address.

On top of that, not all of these things had happened in September, or even August. Many dated back to June, some to July. “The president’s perception of what is happening in Portland is not what is happening on the ground,” said senior deputy city attorney Caroline Turco. She spent some time reading excerpts from various law enforcement declarations that had been filed with the suit, especially in the nights leading up to Trump’s Truth Social posts, when the Portland Police Bureau had been in contact with the Federal Protective Service, which had reported “no issues, no concerns.”

Kennedy called the president’s posts “vague, incendiary hyperbole that lacks a good faith assessment of the facts.”

“We ultimately have a perception versus reality problem,” said Turco. “The president thinks it’s World War II out here. The reality is it’s a beautiful city with a sophisticated police force that can handle the situation.”

“We ultimately have a perception versus reality problem”

The shadow of 2020 loomed over much of the hearing. The DOJ wanted to use the 2020 protests to bolster its claims of violence and rebellion, but given the nature of a temporary restraining order, the judge didn’t seem to want to spend that much time thinking about what had happened five years prior. But the lawyers for the state and the city were also thinking about 2020 — “federal involvement,” they said, would only serve to “inflame” the situation, leaving Oregon and Portland holding the bag as furious protesters lashed out at Trump.

And the spectators in the courtroom and the overflow room were thinking about 2020 as well, Portlanders dressed in suits and rain jackets and puffers, filling the space with that idle, friendly chatter that is endemic to the Pacific Northwest. “Were you here in 2020?” I overheard one attendee say to another in the gallery.

The judge promised to issue her ruling soon, either that day or the next. She acknowledged that she had only been assigned to the case the day prior — the previous judge, Michael Simon, had recused himself the day before, caving to the Justice Department’s demands. Simon is married to Rep. Suzanne Bonamici (D-OR), whose district includes part of Portland and some of its suburbs. The new judge, Karin Immergut, was appointed by Trump in 2019.

As I exited the courthouse into a cold, wet October day, the building looked both new and old to me. I had been there many times before in the summer of 2020 — but the courthouse had been boarded up and fenced around, overrun with graffiti and feds in camo. I could see the spot where I had been tossed down the steps by an overzealous fed in 2020; it was next to a large engraved piece of stone I had never seen before, because it had been covered up by fortifications. There was a quote by Thomas Jefferson carved into its glossy face, with the inscription reading: “The boisterous sea of liberty is never without a wave.”

It was a bit on the nose, but so was everything else.

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October 4, 2025 0 comments
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EA privately acquired in $55bn deal by group of investors, including Saudi Arabia's investment fund and Donald Trump's son-in-law
Game Reviews

EA privately acquired in $55bn deal by group of investors, including Saudi Arabia’s investment fund and Donald Trump’s son-in-law

by admin September 30, 2025


EA has officially been acquired by a group of investors including Saudi Arabia’s Public Investment Fund in a private transaction worth $55bn.

EA chairman and CEO Andrew Wilson will continue to lead the company – known for its sports games, BioWare’s RPGs, The Sims, and forthcoming shooter Battlefield 6 – with the transaction expected to be completed in Q1 FY27.

News of the acquisition came over the weekend, before an official announcement today. The investor group comprises the PIF, as well as investment firms Silver Lake, and Affinity Partners.

“Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work,” said Wilson.

“Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come. I am more energised than ever about the future we are building.”

“Electronic Arts is an extraordinary company with a world-class management team and a bold vision for the future. I’ve admired their ability to create iconic, lasting experiences, and as someone who grew up playing their games – and now enjoys them with his kids – I couldn’t be more excited about what’s ahead,” said Jared Kushner, CEO of Affinity Partners. Kushner is US President Donald Trump’s son-in-law.

PIF increased its stake in EA in 2023; now its 9.9 percent stake will roll over. The organisation also holds stakes in a number of gaming companies including Nintendo, Take-Two Interactive, Embracer, Capcom, and more.

Ubisoft is another, with Assassin’s Creed Mirage set to receive a surprise free DLC set in 9th century AlUla, an ancient Arabian city. The DLC follows reported funding from PIF.

The PIF was designed to diversify Saudi Arabia’s revenue via investment in foreign companies. It’s chaired by Prince Mohammed bin Salman, the country’s controversial ruler blamed by the CIA for the assassination of Washington Post journalist Jamal Khashoggi, who has upheld the country’s notoriously poor human rights record.



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September 30, 2025 0 comments
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Game Reviews

Cool Terminator Game Delayed Again Due To Trump’s Tariffs

by admin September 30, 2025


Terminator 2D: No Fate is an upcoming video game adaptation of the original ’90s action movie sequel that is designed to look, sound, and play like classic 2D games from that era. No Fate looks really awesome. But sadly, due to ongoing tariffs enacted by President Donald Trump, this cool-looking Terminator game has been delayed (again) from October to November.

On September 28, Terminator 2D: No Fate publisher Reef Entertainment and developer Bitmap Bureau announced that the upcoming side-scrolling action game was being delayed a second time until November 26. In a statement posted to the publisher’s official website, the company blamed the delay on “ongoing global trade and tariff changes” that caused shipping issues with components needed to produce the Day One and Collector’s Editions versions of the game. And because the studio and publisher want to ship the game to all platforms and users at the same time, No Fate’s release date was pushed back. This delay affects digital and physical copies worldwide.

“We truly appreciate your patience and understanding, and we’re sorry for this further delay,” said Reef Entertainment. “The team is working hard to make sure your wait is worth it, and we can’t wait to share Terminator 2D: No Fate with you all this November.”

This isn’t the first delay for Terminator 2D: No Fate. In July, the 2D action platformer based on James Cameron’s iconic action flick starring Arnold Schwarzenegger was delayed from its initial release date of September 5 to October 31, just in time for Halloween. But that’s not happening anymore, and you can directly blame Trump, who continues to screw around with tariffs haphazardly, causing global chaos for those trying to buy, ship, or import products or resources to the United States.



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September 30, 2025 0 comments
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Alphabet will pay $22 million to settle President Trump’s YouTube lawsuit

by admin September 30, 2025


Alphabet will pay President Donald Trump $22 million as part of a settlement in a class action lawsuit brought against the company over the suspension of various YouTube accounts following the January 6 riot at the US capital, as first reported by the Wall Street Journal. The suit includes other plaintiffs whose YouTube channels were banned that will split an additional $2.5 million in settlement payouts.

Trump filed the suit in 2021, alongside lawsuits against Twitter and Facebook over similar suspensions, claiming they infringed on his first amendment rights. Twitter, now known as X since its acquisition and rebrand by Elon Musk, paid President Trump roughly $10 million to settle that suit. Meta also settled its suit with the president over his suspension from the platform for $25 million earlier this year.

This settlement comes shortly after Alphabet wrote a letter to the House Judiciary Committee lambasting government pressure to moderate content on its platforms. The company also shared that YouTube would be offering a path to reinstatement for accounts previously banned for COVID-19 or election integrity related misinformation.

The settlement from Alphabet will be paid to the Trust for the National Mall, a nonprofit partner of the National Park Service, and will be earmarked for construction of the ballroom that President Trump is building at The White House. The monies from the Meta settlement were similarly earmarked.

This summer Paramount, parent company of CBS, settled a lawsuit brought by the president over claims that the network intended to “confuse, deceive and mislead the public” by editing an interview with Kamala Harris. The media company paid $16 million to settle the president’s suit. Three weeks later the FCC approved the $8 billion acquisition of Paramount by Skydance.



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September 30, 2025 0 comments
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Larry Ellison Is a ‘Shadow President’ in Donald Trump’s America
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Larry Ellison Is a ‘Shadow President’ in Donald Trump’s America

by admin September 24, 2025


“Maybe 10 years ago, he was like, ‘I want Marco Rubio to be president,’” the same source says.

Many players first started hearing of Ellison in the lead up to the 2024 Republican presidential primary. At that point, after years of donating to both parties, Ellison was seen internally as doing Trump a small favor by pledging his financial support to senator Tim Scott, a Republican of South Carolina. My sources considered Scott to be a solid VP contender, if a slight longshot. He was seen as harmless at worst, and at best a potential insurance policy in the event of a prolonged primary campaign—a potential spoiler candidate capable of pulling support from rivals, particularly fellow South Carolinian Nikki Haley.

“His involvement with GOP politicians like Tim Scott was the appetizer,” a second Republican familiar with Ellison’s political activities tells me, “and Trump is the main course.”

TikTok, Paramount, AI—Oh My

Ellison, who’s almost two years older than Trump, has been setting the groundwork for the successor to his family empire. The weight of his legacy falls on the shoulders of his 42-year-old son, David.

Once an aspiring actor, David played a key role alongside James Franco in the 2006 WWI drama Flyboys—which he also partially financed. When his on-screen career didn’t take off, he figured he would be better not just behind the camera, but up in the C-suite.

David’s known political donations have been entirely to Democrats. But he is not known for having the same tactical nous as Larry.

“This is the exhausting part of it,” a campaign staffer with knowledge of donor outreach involving the Ellison family tells me, describing David as someone who carried himself with the confidence of a business tycoon despite, at the point they interacted, only having been born to one. “I’ve dealt with a lot of people through my career who are nepo babies. Some of them feel like they’re moguls in their own right.”

This source—who, like others, requested anonymity to speak candidly about the political influence of the Ellison family—said the nepo babies of the ultra wealthy tend to fall into two camps: There are those with pet policy issues and a desire to shape their legacy through some notion of making a difference, and there are those who want to accumulate power and influence for their own sake.

“He was always part of that latter group.”

Representatives for Larry and David Ellison did not return requests for comment.

While my Trumpworld and Republican sources who have dealt with Larry Ellison’s political activities say they take him to be more or less a true believer on most of their key issues at this point—most notably seen in his support for the Israeli military, a focus on improving “blue cities,” and his financial interests in the AI industry—far less is known about his heir apparent.

With a still vaguely described domestic iteration of TikTok and scores of TV channels from news to entertainment coming into the family’s portfolio, it remains to be seen whether David Ellison will become a Murdoch-type figure, setting the agenda for the modern GOP and in control of properties occupying the top spot in the conservative media ecosystem in the way Fox News did for the past three decades.



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September 24, 2025 0 comments
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Trump’s Tylenol Directive Could Actually Increase Autism Rates, Researchers Warn
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Trump’s Tylenol Directive Could Actually Increase Autism Rates, Researchers Warn

by admin September 24, 2025


For decades, the discussion around autism has been a hotbed of misinformation, misinterpretation, and bad science, ranging from the long-discredited link between the neurodevelopmental condition and vaccines, to newer claims that going gluten-free and avoiding ultra-processed foods can reverse autistic traits.

On Monday night, this specter arose again in the Oval Office, as President Donald Trump announced his administration’s new push to study the causes of autism with claims that the common painkiller Tylenol, otherwise known as acetaminophen, can cause the condition. The FDA subsequently announced that the drug would be slapped with a warning label citing a “possible association.”

David Amaral, professor and director of research at the UC Davis MIND Institute, was among those watching in dismay as the president launched into a diatribe about Tylenol, repeatedly warning pregnant women not to take it, even to treat fevers.

“We heard the president say that women should tough it out,” says Amaral. “I was really taken aback by that, because we do know that prolonged fever, in particular, is a risk factor for autism. So I worry that this admonition to not take Tylenol is going to do the reverse of what they’re hoping.”

The speculation surrounding Tylenol stems from correlations drawn by some studies that have touted an association between use of the painkiller and neurodevelopmental disorders. One such analysis was published last month. The problem, says Renee Gardner, an epidemiologist at the Karolinska Institute in Sweden, is that these studies often reach this conclusion because they don’t sufficiently account for what statisticians describe as “confounding factors”—additional variables related to those being studied that might influence the relationship between them.

In particular, Gardner points out that pregnant women needing to take Tylenol are more likely to have pain, fevers, and prenatal infections, which are themselves risk factors for autism. More importantly, given the heritability of autism, many of the genetic variants that make women more likely to have impaired immunity and greater pain perception, and hence use painkillers like acetaminophen, are also linked to autism. The painkiller use, she says, is a red herring.

Last year, Gardner and other scientists published what is widely regarded within the scientific field as the most conclusive investigation so far on the subject, one that did account for confounding factors. Using health records from nearly 2.5 million children in Sweden, they reached the opposite conclusion to the president: Tylenol has no link to autism. Another major study of more than 200,000 children in Japan, published earlier this month, also found no link.

Doctors are worried that Trump’s claims will have adverse consequences. Michael Absoud, a pediatric neurodisability consultant and a researcher in pediatric neurosciences at King’s College London, says he fears that pregnant women will start using other painkillers with a less well-proven safety profile.

Gardner is concerned that it will also lead to self-blaming among parents, a flashback to the 1950s and ’60s, a time when autism was wrongly attributed to emotionally cold “refrigerator mothers.” “It’s making parents of children with neurodevelopmental conditions feel responsible,” she says. “It harks back to the early dark days of psychiatry.”



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September 24, 2025 0 comments
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$3,800 Flights and Aborted Takeoffs: How Trump’s H-1B Announcement Panicked Tech Workers
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$3,800 Flights and Aborted Takeoffs: How Trump’s H-1B Announcement Panicked Tech Workers

by admin September 22, 2025


After a six-week work trip Xiayun, an employee at a semiconductor company in Silicon Valley, had landed at her hometown in China for vacation when she saw the news about H-1B visas. On Friday afternoon, US president Donald Trump signed a proclamation saying that any H-1B visa holder’s entry into the US will be “restricted, except for those aliens whose petitions are accompanied or supplemented by a payment of $100,000.” The news left Xiayun and hundreds of thousands of immigrant workers scrambling to figure out how they’d be impacted and whether, if they were abroad, they should return before Sunday, when the new rule was set to take effect.

Xiayun, who asked to use her online alias and not mention her employer’s name in the story to avoid being identified, claims she started receiving communications from her manager asking her to consider returning as soon as possible to avoid being charged the fee. Before she even met her family at the airport, she says she already decided to fly back to the US as soon as possible. She only stayed in Urumqi for two hours before hopping on the next flight back to California.

“I had looked forward to the opportunity of traveling with my parents for a long time, but the reality is, I can’t leave behind my husband, my cat, my house, my friends, and my job in the US,” she tells WIRED.

H-1B is one of the most common work visas, issued to skilled workers seeking temporary residence in the US as long as three years, with the possibility of renewal providing continuing employment. In 2019, the US Citizenship and Immigration Services (USCIS) estimated that there were over 580,000 immigrants holding H-1B visas in the country. Silicon Valley companies are the program’s biggest users, according to data collected by USCIS on the employers who had the most H-1B visas approved every year. In Fiscal Year 2025, the top companies sponsoring for new H-1B visas included Amazon, Microsoft, Meta, Apple, and Google.

By Friday evening, Microsoft, Google, and Amazon had sent urgent communications to foreign employees, according to emails reviewed by WIRED, advising them to return to the states before the Sunday deadline set in the proclamation.

Conflicting messages poured out of the White House, US Commerce Secretary Howard Lutnick, Press Secretary Karoline Leavitt, and other government social media accounts. “Things are changing every hour, every 30 minutes,” says Steven Brown, an immigration attorney at Reddy Neumann Brown PC. Lutnick claimed the $100,000 fee would be charged annually, others said it’s a one-time charge; the original proclamation did not exempt current visa holders, but the follow-up announcements did. The contradictions and new developments left legal immigrant workers, their families, and employers unsure what to believe over the past weekend.

WIRED talked to six H-1B visa holders who made last-minute decisions to return to the US from vacation or work trips before the new policy took hold. All of them requested to be identified with only their first or last names in this story, fearing that speaking out against the administration will cause retribution. While explanations posted by the administration on Saturday afternoon clarified that most H-1B visa holders who were outside of the country at the time did not actually need to rush back, by then they claim they had already lost thousands of dollars in changing their travel plans and spent two days in emotional stress.



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September 22, 2025 0 comments
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GameFi Guides

Watchdog Accuses Trump’s Crypto Venture Of Selling Tokens To North Korea, Iran

by admin September 21, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

United States President Donald Trump’s crypto venture is facing fresh scrutiny after a government watchdog said the project sold tokens to buyers linked to hostile or sanctioned actors, including entities tied to North Korea and Iran.

The watchdog’s findings have added a political and regulatory sting to a token that has already drawn heavy public attention and big holdings by the Trump family.

Watchdog Accuses WLFl Of Questionable Sales

According to a new report from Accountable.US, World Liberty Financial Inc. — the firm behind the WLFI token — sold units to wallets that appear connected to groups or platforms of concern, such as addresses tied to North Korean actors and users who have interacted with Tornado Cash, the crypto-mixing service that regulators have flagged for money-laundering risks.

Image: Accountable.US

The watchdog released wallet examples and transaction links to support its claims. The label used by the watchdog — “American Sell-Out” — has been echoed by multiple news outlets and social posts that highlighted the report’s blunt language.

“Trump’s crypto empire is a vehicle for foreign actors to buy influence anonymously and without disclosure.”

Our executive director Tony Carrk reveals how Trump’s crypto venture puts U.S. workers and investors at risk. pic.twitter.com/8phS0blq41

— Accountable.US (@accountable_us) September 19, 2025

Reports have disclosed that at least some token buyers used foreign exchanges and services restricted to US users, which raises questions about whether some holders are based overseas or are using tools to mask their origin.

Foreign Links Raise National Security Concerns

The report’s authors argue the pattern merits national security attention because tokens tied to a high-profile US political family could become an avenue for influence or sanctions circumvention.

Based on Accountable.US’s analysis of WLFI’s top holders, at least 14 of the largest addresses — together holding over 6.7 billion tokens valued in the hundreds of millions at recent prices — have used platforms that are restricted for US customers, suggesting a strong possibility some are foreign.

WLFIUSD trading at $0.24 on the 24-hour chart: TradingView

The watchdog stopped short of asserting deliberate lawbreaking by World Liberty, but it urged official review.

US President Donald Trump’s family disclosures show the family controls a substantial stake in the project. Reports have noted that the family holds 22.5 billion WLFI tokens; that stake has been valued at about $5 billion at certain market levels, though prices have swung since the token’s debut.

Those figures have intensified calls for transparency about who bought the coin and how sales were screened.

Markets Notice And Regulators Watch

Market moves have already followed the headlines. WLFI’s price fell sharply on its opening day of public trading, a sign that investor appetite was mixed even before the watchdog’s report.

Trading volatility and public debate over token freezes and unlocks have kept WLFI in the headlines as exchanges and token holders react.

Featured image from Meta, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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September 21, 2025 0 comments
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GameFi Guides

Trump’s Attack on Fed May Deepen Policy Lag, Send Dollar (USD) Lower

by admin September 21, 2025



One of the most controversial features of President Donald Trump’s second term is his relentless criticism of Federal Reserve (Fed) Chair Jerome Powell for maintaining elevated interest rates – a stance Trump argues is unnecessarily costly to the American economy.

But this is more than just rhetoric. Trump is aggressively attempting to undermine the Fed’s board, threatening an institution long known for its political independence. Ironically, this very assault risks backfiring, deepening what Trump and others describe as a Fed that is “behind the curve,” potentially leading to a deeper sell-off in the U.S. dollar.

“Political pressures make it tough to credibly shift to an overtly dovish footing. That leaves policy data driven (thus late) rather than pre-emptive. That’s bad for the USD,” the market insights team at Lloyds Bank led by Nicholas Kennedy, said in a note to clients on Sept. 18.

Trump’s Attack on the Fed

Last Thursday marked a new chapter in Trump’s campaign against the central bank, as his administration took the unprecedented step of petitioning the U.S. Supreme Court to allow the firing of Federal Reserve Governor Lisa Cook. This would be the first forced removal of a sitting Fed governor since the institution’s founding in 1913.

The move followed a temporary judicial block issued by U.S. District Judge Jia Cobb, who prevented the ousting of Cook, a Biden appointee, pending further legal proceedings.

According to the Lloyds Bank market insights team, such attacks are likely to increase as Powell enters the final months of his term as Chairman. Trump’s recent appointee at the Fed, Stephen Miran, is already calling for rapid-fire rate cuts and wants the bank to reduce the benchmark borrowing cost by 50 basis points in the recently concluded meeting.

Behind the Curve

At its core, Trump’s campaign reflects a desire for a Fed more responsive to his economic worldview, which demands ultra-low rates around 1%, down significantly from the present 4%.

Trump has argued that current rates keep mortgage costs prohibitively high for many Americans, hindering homeownership and imposing billions in unnecessary debt refinancing expenses. He frames this as a staggering missed opportunity on an otherwise “phenomenal” economy. Meanwhile, many economists agree that rates remain too high given signs of weakening labor markets and consumer health.

Thus, the Federal Reserve is widely perceived as “behind the curve” – a technical term meaning it is too slow to cut rates in response to evolving economic conditions.

Yet, Trump’s insistence on forcing faster rate cuts risks pushing the Fed further behind this curve.

Damned if they do, damned if they don’t

Imagine holding the reins of the world’s most powerful central bank, responsible not only for the world’s largest economy, but the fate of the global reserve currency, the USD. Now imagine the political pressure to cut rates quickly, against the fear of appearing politically compromised. This leaves policymakers damned if they act and damned if they don’t.

So, unlike typical policymakers who adjust with measured calm in response to data, Powell and his colleagues now operate under intense political pressure and public scrutiny from the White House. They face a classic catch-22: face accusations of succumbing to political pressure in case of rapid rate cuts (even if they do so independently); wait too long and risk the potential deepening of an economic slowdown.

This dynamic could breed reflexive stubbornness. To avoid accusations of capitulating to political pressure, the Fed may instinctively lean towards caution – waiting longer and keeping rates elevated. However, this posture can exacerbate the problem: delayed rate cuts keep monetary policy out of sync with economic conditions, much like a patient who resists mild medication only to require drastic doses once a fever spikes.

The subsequent high doses of rate cuts could be interpreted by markets as a sign of panic, leading to increased volatility in financial markets, including cryptocurrencies.

Dollar at risk

The catch-22 situation could also weigh on the U.S. dollar, a bullish development for dollar-denominated assets like gold and bitcoin.

The dollar index, which measures the greenback’s value against major currencies, has dropped nearly 10% this year to 97.64. Meanwhile, bitcoin’s price has rallied by 24% to $115,600.



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September 21, 2025 0 comments
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Big Tech Tells H-1B Workers Not to Leave Country Due to Trump's New Policy
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Big Tech Tells H-1B Workers Not to Leave Country Due to Trump’s New Policy

by admin September 21, 2025


Donald Trump’s announcement on Friday that his administration will impose a $100,000 annual fee on H1-B visa applications, which allows foreign laborers in specialty occupations to work in the United States, has sent industries and governments into a spiral of confusion. With the policy set to go into effect Sunday, Big Tech companies are reportedly telling H-1B holders in their workforces to either remain in the United States or return from overseas before the new policy is enacted, according to CNBC.

According to the report, Amazon sent a memo to its employees advising workers on an H-1B or H-4 visa holders (given to dependent family members of H-1B workers) to return from overseas before 12:01 a.m. ET on September 21. Microsoft reportedly sent out a similar message, warning its employees that the Trump administration’s policy is “structured as a travel restriction” and international travel could put their worker status at risk. It advised H-1B visa holders to cancel future travel plans and remain in the US “for the foreseeable future.”

Tech firms are by far the biggest users of the H-1B visa program. Five of the top six employers of H-1B workers are Amazon, Microsoft, Meta, Apple, and Google, according to data from Citizenship and Immigration Services. Under the new rules, which would require either the H-1B visa holder or their sponsor to pay $100,000 annually to keep the work permit active, Amazon could, in theory, be staring down a $1 billion bill every year to keep the more than 10,000 H-1B visa holders it currently employs in its workforce.

But tech is also far from the only industry that counts on specialized labor from overseas. According to the Business Standard, over 30% of medical residents in the United States are international graduates, and between 10,000 to 43,000 residency spots are currently filled by H-1B visa holders. There is an ongoing doctor shortage in the country that was expected to worsen without new restrictions. The Association of American Medical Colleges projected a shortage of 20,200 to 40,400 primary care doctors by 2036, prior to the new H-1B fees.

It’s not just industry players freaking out, either. Foreign governments are scrambling to respond to the new policy, with little lead time to sort through all the details. “This measure is likely to have humanitarian consequences by way of the disruption caused for families. Government hopes that these disruptions can be addressed suitably by the U.S. authorities,” India’s Ministry of External Affairs said in a statement. South Korea’s foreign ministry also said it is sorting out the potential implications for Korean workers, per CNBC.

The Trump administration, as has become customary for its policy prescriptions, is spending the day trying to sort out the ill-defined information it initially provided. Axios reported that officials have clarified the new H-1B visa fees won’t apply to existing holders of valid visas re-entering the country, so workers should be able to get back to the country without getting hit with a $100,000 fee. Reportedly, the fee won’t go into effect until the next cycle of new applicants to the H-1B program. Whether visa holders want to risk taking this administration at its word is another question.



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September 21, 2025 0 comments
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