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  • Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law

    Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law

    On July 18, 2025, President Donald J. Trump signed the GENIUS Act into law, marking an important milestone for the United States in the area of digital assets. This legislation aims to create a comprehensive regulatory framework for stablecoins, emphasizing consumer protection through reserve backing requirements and promoting transparency among issuers. Additionally, the GENIUS Act seeks to bolster the global standing of the U.S. dollar by increasing demand for U.S. Treasuries and providing clear regulations that encourage responsible innovation in the digital asset market.

    The GENIUS Act establishes the first federal regulatory system specifically for stablecoins, requiring issuers to maintain full reserve backing with liquid assets, such as U.S. dollars. It enforces strict marketing regulations to prevent deceptive practices and prioritizes the claims of stablecoin holders in the event of insolvency. Furthermore, by mandating compliance with the Bank Secrecy Act, the legislation strengthens national security measures against illicit activities in the digital currency sector, thereby enhancing enforcement against money laundering and fraud.

    With the implementation of the GENIUS Act, President Trump aims to realize his vision of positioning the United States as a leader in cryptocurrency and digital assets. This act is part of broader initiatives, including previous executive orders intended to promote U.S. leadership in the digital economy. Through these measures, the administration seeks to attract substantial investment and innovation, fostering a competitive environment for digital assets in the global market.

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  • The President Signed into Law S. 1582

    The President Signed into Law S. 1582

    On July 18, 2025, the President signed into law S. 1582, known as the ‘Guiding and Establishing National Innovation for U.S. Stablecoins Act’ or the ‘GENIUS Act.’ This legislation aims to regulate payment stablecoins, a type of digital currency that has gained popularity in recent years. By establishing a legal framework for these digital assets, the GENIUS Act seeks to promote their safe and effective use within the financial system.

    The GENIUS Act outlines specific provisions for overseeing payment stablecoins, with the goal of fostering innovation while ensuring consumer protection and market integrity. This regulation addresses concerns regarding the volatility and risks associated with digital currencies, which have become increasingly favored by both consumers and businesses. By setting clear guidelines, the act strives to create a more stable environment for the adoption of stablecoins in the U.S.

    This legislative measure reflects the government’s efforts to adapt to the changing landscape of digital finance. As stablecoins continue to gain traction, the GENIUS Act represents a proactive approach to harnessing their potential benefits while mitigating the associated risks. Overall, the act signifies a commitment to balancing innovation with regulatory oversight in the rapidly evolving world of digital currencies.

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  • Regulatory Relief for Certain Stationary Sources to Promote American Security with Respect to Sterile Medical Equipment

    Regulatory Relief for Certain Stationary Sources to Promote American Security with Respect to Sterile Medical Equipment

    On July 18, 2025, President Trump issued a proclamation addressing regulatory challenges faced by commercial sterilization facilities due to the Environmental Protection Agency’s Ethylene Oxide (EtO) Rule. This rule imposes new emissions-control requirements that could affect the sterilization of approximately 50% of sterile medical devices used in the United States, which may impact patient care and national security.

    In response, the President has granted a two-year exemption from compliance deadlines for certain stationary sources, allowing them to continue operating under previous emissions standards and ensuring the availability of essential medical supplies during this period.

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  • Regulatory Relief for Certain Stationary Sources to Further Promote American Energy

    Regulatory Relief for Certain Stationary Sources to Further Promote American Energy

    On July 17, 2025, President Trump issued a proclamation that provides regulatory relief for certain stationary sources impacted by the Environmental Protection Agency’s strict emissions standards for coal-fired power plants. The proclamation raises concerns about the availability of commercially viable emissions-control technologies required by the new regulations, which are not currently available. By extending the compliance timeline by two years, the administration aims to protect jobs in the coal sector and ensure the reliability of the national electricity grid, while addressing potential risks to energy security and economic stability.

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  • Regulatory Relief for Certain Stationary Sources to Promote American Chemical Manufacturing Security

    Regulatory Relief for Certain Stationary Sources to Promote American Chemical Manufacturing Security

    On July 17, 2025, President Trump issued a proclamation providing regulatory relief for specific stationary sources in the chemical manufacturing sector. This proclamation addresses the challenges posed by the New Source Performance Standards, known as the HON Rule, which imposes stringent emissions-control requirements that some facilities may struggle to meet due to technological limitations and the potential need for significant capital investment. The exemption allows these facilities to operate under previous emissions standards for an additional two years, promoting domestic production and reducing reliance on foreign suppliers, which is considered essential for national resilience and security.

    The HON Rule, established by the Environmental Protection Agency in May 2024, was intended to enhance environmental protections but has raised concerns among manufacturers about its feasibility. Many facilities face difficulties in meeting the new compliance requirements, which could lead to operational disruptions and increased dependence on imports. The proclamation highlights the importance of a strong domestic chemical manufacturing industry for critical infrastructure, national defense, and public health, asserting that the continued production of essential chemicals is vital for the U.S. economy and military readiness.

    In summary, the exemption issued by the President reflects a commitment to balancing environmental regulations with the practical needs of the chemical manufacturing industry. By extending compliance timelines, the administration aims to safeguard supply chains while addressing the technological challenges faced by the sector. This move is presented as a strategic effort to enhance national security by ensuring that essential chemical production remains robust and resilient in the face of global dependencies.

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  • Regulatory Relief for Certain Stationary Sources to Promote American Iron Ore Processing Security

    Regulatory Relief for Certain Stationary Sources to Promote American Iron Ore Processing Security

    On July 17, 2025, President Trump issued a proclamation granting a two-year exemption from the Environmental Protection Agency’s Taconite Rule for certain taconite iron ore processing facilities. Established in March 2024, this rule imposes new emissions-control requirements that the administration argues could negatively impact the domestic steel industry by necessitating facility shutdowns and limiting production capacity. The proclamation states that compliance with the Taconite Rule is infeasible due to the lack of necessary emissions-control technologies and emphasizes the importance of maintaining domestic taconite processing for national security and economic resilience.

    The proclamation specifies particular stationary sources that will be exempt from the Taconite Rule, allowing them to operate under the previous emissions standards for an additional two years. The administration contends that this exemption is vital to prevent the United States from becoming overly reliant on foreign steel sources, which is critical for various sectors, including national defense, infrastructure, and manufacturing. By extending the compliance deadlines, the government aims to provide sufficient time for the development and implementation of appropriate emissions-control technologies.

    In summary, President Trump’s announcement reflects a broader commitment to supporting the domestic steel industry in the face of regulatory challenges. The administration’s focus on national security and the necessity for a resilient industrial supply chain underpins the rationale for this regulatory relief. This decision arises at a time when balancing environmental regulations with industrial production capabilities remains a significant concern in U.S. economic policy.

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  • Fact Sheet: President Donald J. Trump Grants Regulatory Relief from Burdensome EPA Restrictions to Promote American Security

    Fact Sheet: President Donald J. Trump Grants Regulatory Relief from Burdensome EPA Restrictions to Promote American Security

    On July 17, 2025, President Donald J. Trump announced four proclamations aimed at providing regulatory relief from certain environmental regulations established during the Biden administration. These proclamations grant a two-year exemption for specific industries, including coal plants and chemical manufacturers involved in critical sectors such as national defense and semiconductor production. The decision is presented as a necessary measure to ensure the continuous operation of these facilities, which are considered vital for national security and economic stability.

    The article highlights President Trump’s view that stringent environmental regulations can negatively impact America’s energy reliability and economic strength. By rolling back certain EPA restrictions, the administration seeks to alleviate compliance costs that industries often find challenging to meet, which could lead to operational disruptions and increased dependence on foreign energy sources. The proclamations are framed as a way to balance environmental standards with the need for economic growth, contending that the existing Biden-era regulations do not adequately consider the practical challenges faced by these industries.

    Additionally, the article describes President Trump’s approach to environmental policy, which emphasizes practical solutions aimed at protecting American jobs while pursuing a cleaner environment. The administration has previously taken steps to repeal more restrictive regulations, promoting a strategy focused on energy dominance that encourages domestic production. The overall message of the article is that regulatory relief is crucial for maintaining the operational capacity of industries important to national security, while still striving to uphold environmental standards that protect public health.

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  • Creating Schedule G in the Excepted Service

    Creating Schedule G in the Excepted Service

    On July 17, 2025, the White House issued an order to establish Schedule G in the excepted service, specifically aimed at noncareer positions that involve policy-making or policy-advocating tasks. This move addresses a gap in the existing excepted service schedules, which include other categories but previously lacked a designation for noncareer roles of this nature. The creation of Schedule G aims to enhance governmental operations by allowing appointments that align with the President’s policies while ensuring that political affiliations of appointees are not considered.

    The order outlines the purposes and definitions associated with the new Schedule G, stating that appointments under this schedule are intended for positions expected to change with presidential transitions. It also amends existing civil service rules to include Schedule G alongside other schedules such as A, B, C, D, and E, thereby incorporating it into the broader framework governing the excepted service. The Office of Personnel Management (OPM) is tasked with implementing the necessary regulations for this order, ensuring that the new schedule functions effectively within the existing legal and administrative framework.

    In summary, the establishment of Schedule G represents a strategic adjustment in the federal hiring process aimed at enhancing the responsiveness and efficiency of government agencies, particularly regarding policy development and advocacy. The order emphasizes that while political alignment with the President’s agenda is a criterion for appointment, considerations of political affiliation or activity will not influence the selection of individuals for these roles. This initiative reflects an ongoing effort to streamline the appointment process within the federal government, especially concerning the Department of Veterans Affairs.

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  • Fact Sheet: President Donald J. Trump Creates New Classification of Federal Employee to Help Serve the American People

    Fact Sheet: President Donald J. Trump Creates New Classification of Federal Employee to Help Serve the American People

    On July 17, 2025, President Donald J. Trump signed an Executive Order establishing a new classification of federal workers known as Schedule G. This classification focuses on non-career positions intended to enhance the implementation of the Administration’s policies and address gaps in federal employee classifications. Schedule G employees will be appointed for temporary positions and will leave office when the appointing President departs, ensuring alignment with the current policy agenda.

    The creation of Schedule G positions aims to improve government efficiency and accountability. This initiative is designed to facilitate quicker appointments to key policy-making roles, particularly in agencies such as the Department of Veterans Affairs. The classification seeks to strengthen the ability of federal agencies to implement the Administration’s objectives, thereby improving services for taxpayers.

    Additionally, the establishment of Schedule G is part of a broader effort by President Trump to reform the federal bureaucracy. The Administration has previously introduced measures to increase accountability among career federal employees and is dedicated to reducing bureaucratic inefficiencies. By focusing on the implementation of the will of the American people, the Administration aims to streamline operations in federal agencies and eliminate unnecessary regulations.

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