crypto Tim

Trump Office News Updates - May 27, 2025 Domestic Policy & Administration Threat to Withhold California Funding President Trump has threatened to cut federal funding to California following the state's decision to allow transgender athlete AB Hernandez to compete in girls' track events. He plans to discuss the matter with Governor Gavin Newsom. Executive Order on Public Broadcasting Trump signed Executive Order 14290, aiming to end federal funding for NPR and PBS, citing alleged bias. NPR and three local stations have filed a lawsuit claiming the order violates the First Amendment. Federal Funding Cuts to Harvard The administration is directing federal agencies to cancel remaining contracts with Harvard University, valued at approximately $100 million, due to concerns over alleged antisemitism and international student policies. National Security Council Restructuring Significant staff reductions are occurring within the National Security Council, with plans to cut thousands of intelligence and national security positions across the government. Foreign Policy & International Relations Iran Nuclear Talks President Trump hinted at potential progress in negotiations with Iran regarding its nuclear program, suggesting an announcement could be forthcoming. Criticism of Vladimir Putin Trump has publicly criticized Russian President Vladimir Putin, calling him 'absolutely CRAZY!' in response to ongoing attacks on Ukrainian cities. Meeting with South African President During a meeting with South African President Cyril Ramaphosa, Trump made contentious claims about the treatment of South Africa's white minority, leading to a tense exchange. Economy & Trade EU Tariff Delay After announcing a 50% tariff on European Union goods, President Trump delayed its implementation, leading to a rally in U.S. stock markets. Cryptocurrency Investment Trump Media & Technology Group plans to raise $3 billion to invest in Bitcoin and other cryptocurrencies, aiming to establish a significant presence in the crypto market. #TrumpMediaBitcoinTreasury #TrumpTariffs