On March 7, 2025, President Donald J. Trump signed an Executive Order to suspend the security clearances of individuals at Perkins Coie LLP, pending a review of their access to sensitive information. This decision stems from allegations that the firm has engaged in unethical practices, including the alleged creation of a false dossier in connection with the 2016 presidential election and accusations of racial discrimination against its employees. Additionally, the federal government will cease funding contractors associated with Perkins Coie, ensuring that taxpayer dollars are not used to support litigation perceived as undermining the nation.

The Executive Order mandates thorough scrutiny of all federal contracts with Perkins Coie LLP, and agency heads are directed to terminate engagements with the firm to the extent permitted by law. Furthermore, the order restricts federal agencies from hiring Perkins Coie employees unless specifically authorized and halts all access to sensitive government facilities for their staff. This action aligns with President Trump’s broader commitment to addressing perceived abuses in government and ensuring it serves the interests of the American people.

The White House has emphasized that these actions are part of a larger strategy to protect national security and restore accountability within the government. The administration asserts that Perkins Coie LLP has engaged in practices that threaten election integrity and has faced legal issues related to its hiring practices. The review of Perkins Coie’s operations under civil rights laws aims to address these serious concerns and ensure compliance with established regulations.

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On March 7, 2025, President Donald J. Trump issued a memorandum aimed at enforcing Federal Rule of Civil Procedure 65(c)

This requirement is designed to cover potential costs or losses incurred by the government if an injunction is later found to be unjustified. The memorandum instructs federal agencies to collaborate with the Attorney General to request that courts mandate plaintiffs to post security equal to the government’s potential damages from any improperly issued injunctions.

The memorandum raises concerns about judicial overreach and the impact of frivolous lawsuits on government resources and taxpayer funds. It notes that some judges have issued broad injunctions that may exceed their authority, resulting in delays for policies supported by voters. By enforcing this rule, the administration aims to deter meritless lawsuits and ensure that plaintiffs are accountable for any financial consequences stemming from their requests for injunctions.

Furthermore, the article underscores the importance of maintaining the integrity of the judicial system. The memorandum reflects President Trump’s commitment to upholding the rule of law and protecting democratic processes. It highlights the financial burden that unjustified injunctions can place on taxpayers while also referencing the performance and productivity of judges appointed during Trump’s administration.

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The United States government has officially established a Strategic Bitcoin Reserve and a Digital Asset Stockpile, as directed by the President. This initiative aims to leverage the unique value that Bitcoin provides, considering its limited supply and security features. The Secretary of the Treasury will manage Bitcoin and other digital assets acquired through criminal or civil asset forfeiture, ensuring responsible maintenance to fulfill governmental objectives.

The new policies dictate that all Bitcoin held by the Department of the Treasury, which is not required for other legal obligations, will be transferred to the Strategic Bitcoin Reserve. Additionally, a separate Digital Asset Stockpile will be created to manage non-Bitcoin digital assets, with strategies developed for acquiring more Bitcoin while maintaining budget neutrality. The order highlights the need for careful management of these assets to strengthen the United States’ position in the changing financial landscape.

Agencies are required to account for all Government Digital Assets in their possession and report their findings to the Treasury Secretary. The order emphasizes that these assets cannot be sold or disposed of without proper authorization and aims to assess the legal and investment considerations necessary for effective management of the Strategic Bitcoin Reserve and the Digital Asset Stockpile. Overall, this initiative reflects a proactive approach to integrating digital assets into national financial policy.

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On March 7, 2025, President Donald J. Trump signed an Executive Order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile.

This move positions the United States as a leader in government digital asset strategy by designating bitcoin as a reserve asset and utilizing forfeited assets for the stockpile. The order also mandates that federal agencies account for their digital asset holdings, ensuring better management and oversight of these resources.

The Strategic Bitcoin Reserve will be funded by bitcoin forfeited through criminal or civil proceedings, and no additional purchases will be made at taxpayer expense. The U.S. Digital Asset Stockpile will consist of various digital assets obtained solely through forfeiture, with strategies for responsible management determined by the Secretary of the Treasury. The initiative aims to address the current disjointed handling of these assets across federal agencies, promoting a cohesive approach to maximizing their value.

This Executive Order is part of President Trump’s broader commitment to make America a global leader in cryptocurrency, fulfilling past promises to embrace digital assets for economic growth. By centralizing management, the administration aims to harness the potential of digital currencies and ensure the United States maintains its strategic advantage in the evolving financial landscape.

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The White House has taken steps to address concerns regarding Perkins Coie LLP, a law firm that has faced various allegations of misconduct. The order highlights the firm’s involvement in unethical activities, including hiring Fusion GPS to create a false dossier during the 2016 election cycle and engaging in racially discriminatory hiring practices that reportedly violated civil rights laws. As part of this order, the administration has mandated a review of security clearances held by individuals at Perkins Coie and directed federal agencies to assess and potentially terminate contracts with the firm.

In the order, the President outlines actions to suspend security clearances for Perkins Coie employees while evaluating whether these clearances align with national interests. Additionally, federal contracting agencies are instructed to disclose any business dealings with Perkins Coie, focusing on ensuring taxpayer dollars are not used to support organizations that may engage in discriminatory practices or undermine democratic processes. The administration seeks to align these actions with broader goals of promoting transparency and accountability within federal contracting.

Furthermore, the White House has called for a review of hiring practices among large law firms to ensure compliance with non-discrimination laws. This involves investigations into whether such firms maintain discriminatory hiring or promotion practices based on race or sex. The administration aims to uphold the principle of equality and prevent actions that could compromise the integrity of federal operations and the trust of the American public.

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