The Trump administration is employing a rarely used tool that allows the president to transmit a request to cancel previously approved funding authority.

The Republican-led Congress is moving to cancel over $9 billion in previously approved public broadcasting and foreign aid funds at President Trump's request. The Senate narrowly approved cuts including over $1 billion from public broadcasting (PBS, NPR) and $7.9 billion from various foreign aid programs.

The US Senate has passed a bill that seeks to cut $9bn (£6.7bn) from funds previously approved for spending by Congress, including cuts to public broadcasting and foreign aid. The 51-48 vote happened just before dawn on Thursday,

After a record-breaking nine hours, the GOP-led House late Wednesday night finally advanced a trio of crypto bills to the floor for debate and consideration by a vote of 217-212.The step forward came after several Republican holdouts ultimately flipped their votes after receiving assurances from GOP House leaders that one of the measures -- a bill to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) -- would be attached to the must-pass National Defense Authorization Act.

The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry. Lawmakers voted 308-122 to pass the GENIUS Act following a tumultuous “crypto week” in the chamber that saw competing GOP factions bring the