Education Secretary Linda McMahon has said that congressional approval is needed to close the agency. Deep cuts to the workforce are expected in the short term.
President Donald Trump established a Strategic Bitcoin Reserve through an executive order, according to an X post by David Sacks, the White House czar for AI and cryptocurrency.
The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resuscitate domestic shipbuilding and reduce China's grip on the $150 billion global ocean shipping industry,
The order also seeks to provide a "full audit" of the U.S. Goverment's digital asset holdings which is estimated to possess 200,000 bitcoin.
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