Clarity Act and Crypto Tax Loophole: White House Billions Dollar Proposal
Besides the Clarity Act, the White House’s 2026 budget proposal targets the wash sale loophole that lets crypto traders harvest losses and immediately rebuy. It’s...
Tag : House
White House Weighs Reinstating Anthropic for Federal Use Amid Pentagon Fight: Report
In brief The White House is reportedly drafting guidance to help agencies use Anthropic despite Pentagon restrictions. Agencies are seeking access to Anthropic’s newest model,...
White House Crypto Adviser Hints at ‘Breakthrough’ Bitcoin Reserve Move
In brief The Trump administration has been “figuring out” how to push forward the strategic Bitcoin reserve, Patrick Witt said Monday. The U.S. Treasury had...
DeepSeek Releases V4 on Huawei Chips the Same Day the White House Accused China of Stealing US AI
Chinese AI startup DeepSeek released a preview of its V4 model on April 24, explicitly optimized for Huawei’s Ascend chip platform, on the same day...
White House Accuses China of Running an Industrial-Scale Operation to Copy US AI Models
White House Office of Science and Technology Policy director Michael Kratsios circulated a memo on April 23 accusing Chinese entities of conducting deliberate, industrial-scale campaigns...
White House confirms Trump to address memecoin gala on Saturday
The White House has reportedly confirmed that US President Donald Trump will attend the exclusive event for top TRUMP memecoin holders at his Florida residence...
Proposed House Bill Would Require Warrants for Government AI Surveillance
In brief Reps. Thomas Massie and Lauren Boebert introduced the Surveillance Accountability Act, which would requiring warrants for government access to third-party digital data. The...
White House Accuses China of 'Industrial-Scale' Theft From American AI Models
In brief The White House says foreign entities, mainly in China, are running “industrial-scale” campaigns to copy U.S. AI models. Officials say attackers use proxy...
US Banks Are Fighting the New Stablecoin Rules. The White House Is Not Having It
Major US banks are lobbying to slow down new stablecoin legislation, but the White House has intervened directly, telling the banking industry to stand down....
House Homeland Security Panel Opens Hearing on Crypto Fraud and Digital Extortion by Transnational Criminal Networks
The most urgent crypto scam news on Capitol Hill arrived Tuesday as the House Homeland Security Committee held a joint subcommittee hearing on how transnational...