News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

FOURTH EDITIONALISTS TAKE STAGE AT POLITICO'S 2025 GOVERNORS SUMMIT

POLITICO's States Editorial Director Ryan Hutchins spoke at POLITICO's 2025 Governors Summit, emphasizing the need for effective state leadership to drive economic growth and innovation. Hutchins discussed the importance of fostering public-private partnerships, investing in education and infrastructure, and promoting workforce development to address pressing national challenges. By engaging with state officials and policymakers, Hutchins aimed to amplify the voices of governors and shed light on key issues affecting the nation.

See Also

Government Shutdown Looms: Republicans' Last-Minute Demands Raise Risk Δ1.72

Two Democrats in Congress said on Friday that Republicans have raised the risk of a government shutdown by insisting on including cuts made by President Donald Trump's administration in legislation to keep the government operating past a mid-March deadline. Senator Patty Murray of Washington and Representative Rosa DeLauro of Connecticut, the top Democrats on the committees that oversee spending, stated that the Republican proposal would give Trump too much power to spend as he pleased, even though Congress oversees federal funding. Lawmakers face a March 14 deadline to pass a bill to fund the government, or risk a government shutdown.

White House To Host 2025 Digital Assets Summit With Key Crypto Leaders Including Michael Saylor Δ1.72

The White House will convene a Digital Assets Summit on March 7, 2025, featuring prominent cryptocurrency figures such as Michael Saylor and Ripple CEO Brad Garlinghouse, to discuss the integration of digital currencies into the U.S. financial system. This summit aims to explore regulatory frameworks, the role of central bank digital currencies, and the strategic use of cryptocurrencies as the government seeks to adapt to the evolving digital asset landscape. Saylor's optimistic projections for Bitcoin's market cap underscore the increasing weight of the cryptocurrency industry in shaping governmental policies.

Slotkin Steers Center, Criticizes Trump's Ukraine Policy Δ1.72

Democratic U.S. Senator Elissa Slotkin of Michigan has made a case for bipartisan values and invoked former Republican president Ronald Reagan in her party's rebuttal to President Donald Trump's address to Congress, stressing shared values like bolstering national security and fighting for democracy. Slotkin steered clear of inflammatory rhetoric and sought to relate to Americans on both sides of the political aisle by claiming "shared values". Her criticism of Trump's handling of Russia's war in Ukraine echoed a Democratic talking point since the start of Trump's second term.

RANCOR IN WASHINGTON: President Defends Agenda Amid Partisan Fury Δ1.71

The president's address to Congress has been marked by intense partisan rancor, with critics accusing him of divisive rhetoric and Republicans praising his leadership style. The speech, which lasted over an hour, marked a significant departure from previous addresses, as the president took direct aim at his opponents in both parties. The tone was set early on, with the president declaring that "our democracy is under attack."

Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.70

Consumer Reports has released its list of the 10 best new cars to buy in 2025, highlighting vehicles with strong road test scores and safety features. The announcement comes as Eli Lilly & Co. is expanding its distribution of weight-loss drug Zepbound at lower prices, while Target is scaling back its DEI efforts amidst declining store visits. Meanwhile, Costco's luxury goods segment continues to grow, and Apple has secured President Trump's backing for its new investment plan.

Democrats Face an Inflection Point on Trans Issues After Newsom Comments Δ1.70

California Governor Gavin Newsom's recent remarks on trans athletes competing in women's sports have sparked controversy within the Democratic Party, highlighting a divide in perspectives ahead of the 2028 presidential election. His stance, perceived by some as a retreat from progressive values, has prompted backlash from LGBTQ+ advocates and party members who fear alienation of key voter demographics. As moderates urge a shift in the party's approach to identity politics, Newsom's comments may serve as both a litmus test for Democratic candidates and a reflection of broader electoral strategies.

House Leadership at Stake in Us Government Shutdown Threat Δ1.70

U.S. House Speaker Mike Johnson hopes to pass a "clean" stopgap federal funding bill that would freeze funding at current levels to avert a partial government shutdown, which could otherwise go into effect on March 15. The bill aims to restore stability and avoid the negative economic impacts of a government shutdown. However, disagreements between lawmakers remain unresolved, with Democrats resisting a spending bill that does not address their policy priorities.

Italy Calls for Summit Between U.s. and Europeans, Says Divisions Make West Weaker Δ1.70

Italy's Prime Minister Giorgia Meloni has proposed an immediate summit involving the United States and European nations to discuss how to address global challenges, starting with Ukraine, amid rising tensions within the Western alliance. The summit aims to bring together leaders from both sides to find common ground and strengthen cooperation. This move seeks to revitalize a sense of unity among West's nations.

President Trump Addresses Congress Amid Trade Tensions and Ukraine Aid Pause Δ1.70

The speech by President Donald Trump follows a tumultuous term marked by efforts to stretch presidential limits, slash federal bureaucracy, impose steep tariffs on allies, and pause military aid to Ukraine. Trump is expected to use his speech to laud his rapid-fire efforts to reduce the size of the federal bureaucracy, reduce migrant flow over the U.S.-Mexico border, and his use of tariffs to force foreign nations to bow to his demands. The event promises to have a raucous element with Republican lawmakers cheering on Trump and Democrats expressing their opposition to what he lists as his achievements.

Trump's Domestic Agenda Takes Center Stage Δ1.70

The opening weeks of President Donald Trump's presidency have been dominated by domestic policy, with a focus on tax cuts and border control. Despite promises of " America First" foreign policy, the speech largely sidestepped international issues. The administration's approach to addressing domestic concerns will likely be shaped by congressional approval of major legislative initiatives.

Trump's Trade Policies Spark Uncertainty as Global Economy Teeters. Δ1.70

The Goldman Sachs CEO acknowledged the uncertainty surrounding President Trump's economic policies, stating that while the chance of recession in 2025 is small but not zero. Trump has implemented tariffs on goods from Mexico and Canada, aimed at "leveling the playing field," although the end result remains uncertain. The bank's decision to remove diversity and inclusion sections from its annual filing was also influenced by changes pushed by the new U.S. administration.

US Economy Growth Outlook Clouds S&P 500 Rally Hurdles Δ1.70

Any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy, according to Goldman Sachs Group Inc. strategists. The market has faltered this year on worries about lofty valuations for the technology behemoths. Investors have also questioned if President Donald Trump's America-First policies are likely to stoke inflation and lead to a slowing economy.

Exclusive: Dealmaker Michael Grimes Expected to Lead New US Sovereign Wealth Fund, Sources Say Δ1.70

Michael Grimes is poised to helm a new U.S. sovereign wealth fund, with plans to be financed through tariffs imposed on foreign countries, which could potentially create a precedent for similar investment vehicles in other countries. The fund's creation and operation will require congressional approval and careful navigation of competing priorities and big personalities within the Trump administration. Grimes' experience leading high-profile tech IPOs at Morgan Stanley and advising Elon Musk on deals involving Tesla and Twitter positions him well to spearhead the effort.

Musk's Budget Cuts Hit Snag: Lessons From Republican Governors Δ1.70

Mitch Daniels' experience as governor of Indiana provides insight into the challenges faced by Republican governors in slashing state budgets. Former Indiana Gov. Mitch Daniels established a reputation in the early 2000s as a knife to government, shrinking the size of his state's workforce by 18 percent and turning a $700 million deficit into a $2 billion surplus. However, Daniels' approach was more cautious than Musk's, urging "talk less, do more" before setting ambitious targets.

White House Announces Crypto Roundtable for Next Week Δ1.70

U.S. President Donald Trump will host a crypto summit on March 7, convening prominent founders, CEOs, and investors from the crypto industry at the White House, where they will discuss regulatory frameworks for digital assets with Crypto and AI Czar David Sacks and Bo Hines, executive director of the working group. The meeting comes as the SEC has recently withdrawn cases against several major cryptocurrency companies, sparking hopes for a more favorable regulatory environment. Industry insiders expect Trump's policy vision to promote innovation and economic liberty in the digital asset space.

Trump Team Is Pivoting to No Pain, No Gain as Economic Message Δ1.70

The Trump administration's economic strategy is shifting from a promise of steady growth to a "no pain, no gain" approach, which may lead to short-term economic disruptions but could ultimately benefit the country in the long run. The president's focus on manufacturing and trade protectionism has sparked concerns about inflation and potential slowdowns, yet he remains optimistic about the future. Despite these challenges, Trump is confident that his policies will pay off, citing a strong long-term outlook for the US economy.

Meet Elissa Slotkin: Democrat Chosen to Rebut Trump's Speech Δ1.70

Senator Elissa Slotkin, a 48-year-old Democrat who won the US Senate seat in Michigan last year, will provide her party's response to President Donald Trump's address to a joint session of Congress on Tuesday. The former CIA analyst is seen as a "rising star" after her narrow victory in the swing state of Michigan, where the party lost the 2024 presidential race. Slotkin plans to outline the Democrats' vision for improving people's lives in the country.

Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call Δ1.70

The US economy is bracing for an uncertain period, with President Trump attributing recent market volatility to "big" changes that will ultimately boost growth. The president's comments, while avoiding a recession call, are part of a broader narrative centered on tax cuts and tariff revenue as the driving force behind economic renewal. Trump's approach remains at odds with concerns from top administration officials about the need for "detox" from public spending.

Harris Set to Make Decision on California Governor Bid by Summer's End Δ1.69

Kamala Harris has given herself a deadline to decide whether to run for governor of California, with a clear indication that she plans to make a decision in the coming months. According to sources close to the former vice president, Harris is considering a bid to succeed Gavin Newsom and believes a win would likely take her out of the 2028 presidential race. As Harris prepares to make a final decision, allies are keeping their options open, with several top Democratic candidates already reassessing their own bids.

U.S. Needs Ukrainian Leader Who Wants Peace, Says Trump Adviser Δ1.69

National security adviser Mike Waltz has emphasized the need for Ukraine to have a leader willing to pursue lasting peace with Russia, expressing concern that President Volodymyr Zelenskiy may not fit this criterion. Following a heated exchange between Trump, Zelenskiy, and Vice President JD Vance, Waltz indicated that Washington seeks a resolution involving territorial concessions in exchange for security guarantees. The situation has raised questions about Zelenskiy's commitment to negotiations, with some U.S. lawmakers suggesting a change in leadership may be necessary if he does not align with U.S. goals.

Trump Will Host Crypto Summit at the White House Next Friday Δ1.69

President Trump will host the White House's first cryptocurrency summit next Friday, further solidifying his support for the industry and its leaders. The event aims to establish a clear regulatory framework that promotes innovation while protecting economic liberty. The summit is seen as a departure from the Biden administration's tough regulatory approach.

Elements of German Parties' Coalition Paper Δ1.69

Friedrich Merz's conservatives and the Social Democrats (SPD) have concluded preliminary discussions aimed at forming a coalition government, outlining a comprehensive 11-page position paper on key policy areas. The proposed measures include stricter border controls, a reformed welfare system, energy price reductions, and targeted economic growth strategies, alongside support for industries deemed strategic. The coalition's success hinges on legislative approval of significant financial measures, including a 500-billion-euro infrastructure fund, which faces opposition from various political factions.

Crypto World Hopes a Trump Summit Friday Will Deliver More of What It Wants From Washington Δ1.69

The crypto world is hoping for a White House summit on Friday to bring stability and clarity to the industry, which has experienced extreme volatility following Donald Trump's election victory. The attendees are expected to include prominent CEOs and founders, who will engage in discussions with Trump and his administration about regulatory oversight and legislative proposals. The meeting comes after months of uncertainty and speculation about the future of digital assets.

Musk, Rubio Clash in Cabinet Meeting, New York Times Says Δ1.69

The clash between US Secretary of State Marco Rubio and billionaire White House adviser Elon Musk during a Cabinet meeting over staff cuts has raised concerns about the balance of power within the Trump administration. According to reports, Trump told his Cabinet heads that they have the final say on staffing and policy at their agencies, while Musk's operation had been imposing its own blunt-force approach. The meeting followed complaints from agency heads and Republican lawmakers, who were frustrated with the Musk operation's tactics.

Oil Executives Experience Doubts Amid Trump’s Leadership Δ1.69

Energy executives gathering for CERAWeek in Houston are grappling with the complexities of President Donald Trump's policies, which have sparked both hope and uncertainty within the fossil fuel sector. While Trump's administration has lifted certain restrictions and promised increased production, the economic instability caused by his tariffs and sanctions has led to declining oil prices and potential disruptions in investment strategies. As the industry faces a challenging landscape, the conference is expected to reflect a mix of enthusiasm for regulatory support and anxiety over the unpredictable economic climate.