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Bitcoin Adviser to Trump Eyes $200M PAC to Push Crypto Agenda
David Bailey, a longtime Bitcoin advocate and adviser to President Donald Trump, is looking to raise up to $200 million to fund a political action committee aimed at pushing Bitcoin-friendly policy in the U.S. Bailey, who leads Bitcoin Magazine and BTC Inc., posted on X over the weekend that he’s considering a PAC anchored by his Bitcoin treasury firm, Nakamoto Holdings, which raised $300 million earlier this year. The goal, he said, is to back candidates and initiatives that advance Bitcoin’s standing in Washington. “I’m thinking about raising a $100m–$200m PAC, anchored by Nakamoto, to advance Bitcoin ... (full story)
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From thestreet.com | Aug 6, 2025
Crypto traders are accusing President Donald Trump of wanting to crash Bitcoin on purpose just to "clear the order books" before the next leg up. On Aug. 5, Discord channels lit up after Trump signed a sweeping Executive Order slapping a 25% tariff on all imports from India. Indias continued purchase of Russian oil, which Trump claims is undercutting ...
WH Sr. Adviser Hassett: Trump's highest priority is Fed independence. HASSETT ON FED BOARD: SEEMS TO BE VOTING IN PARTISAN WAY
*TRUMP SIGNS EXECUTIVE ORDER IMPOSING ADDITIONAL 25% TARIFF ON INDIA *WHITE HOUSE: TARIFF ON INDIA OVER CONTINUED RUSSIAN OIL PURCHASES
Addressing Threats to the United States by the Government of the Russian Federation By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and section 301 of title 3, United States Code, I hereby determine and order: Section 1. Background. Executive Order 14066 of March 8, 2022 (Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts To Undermine the Sovereignty and Territorial Integrity of Ukraine), expanded the scope of the national emergency declared in Executive Order 14024 of April 15, 2021 (Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation), to include the actions taken against Ukraine by the Government of the Russian Federation. To address that unusual and extraordinary threat to the national security and foreign policy of the United States, Executive Order 14066 prohibited, among other things, the importation into the United States of certain products of Russian Federation origin, including crude oil; petroleum; and petroleum fuels, oils, and products of their distillation. I have received additional infor *TRUMP ORDER DIRECTS IDENTIFICATION OF COUNTRIES IMPORTING RUSSIAN OIL WHITE HOUSE: IF FOREIGN RETALIATION OCCURS, PRESIDENT TRUMP MAY AMEND ORDER TO ENSURE ITS EFFECTIVENESS