Trump establishes ‘digital Fort Knox’ for bitcoin but crypto markets slump in response: Live updates

The late evening host roasted the president for falsely claiming, throughout his deal with to Congress on Tuesday night that the U.S. authorities spent $8m on making mice “transgender”.

Right here’s Greg Evans on Kimmel.

Scott Bessent made that odd assertion as a part of a protection of his boss’s tariffs hike unsettling the inventory market.

Allow them to eat overpriced cake?

A detention middle in Texas is reopening because the Trump administration prepares to restart the detention of migrant households and children – a transfer that advocates fear might usher in one other “darkish chapter” in America’s remedy of immigrants.

CoreCivic, an organization that manages the South Texas Household Residential Middle in Dilley, Texas, introduced on Wednesday that it had reached an settlement with U.S. Immigration and Customs Enforcement (ICE) to reactivate the power.

The ability, which holds as much as 2,400 folks, was inbuilt 2014 for ICE to offer extra area to carry migrant households.

CoreCivic ran the middle till 2024, “when funding for the contract with ICE was terminated and the power was idled,” the corporate mentioned in a press release.

The latest settlement is ready to run out in 2030.

The billionaire Trump adviser desires government-run entities just like the U.S. Postal Service and Amtrak to be taken personal.

“Principally, one thing’s acquired to have some probability of going bankrupt, or there’s not an excellent suggestions loop for enchancment,” Musk informed the Morgan Stanley Know-how Media & Telecom convention this week.

“We should always attempt to privatize all the things we probably can, and that may be my advice.”

The DOGE chief reserved particular ire for Amtrak, saying the rail supplier “can depart you with a really unhealthy impression of America,” in contrast with comparable companies in different nations.

The outgoing Canadian PM seems to be taking Trump’s newest aggressions fairly personally.

Trudeau is into his ultimate weeks because the nation’s chief after he was pressured to resign by his get together earlier than Christmas over inner disputes about how one can deal with the U.S. president and his tariffs on Canadian imports.

Chatting with the media on Thursday, the PM grew to become visibly emotional whereas saying he had labored onerous for the nation.

“On a private degree, I made positive that each single day on this workplace, I put Canadians first, that I’ve folks’s backs, and that is why I am right here to let you know all, we acquired you, even within the final days of this authorities, we won’t let Canadians down at this time and lengthy into the long run,” he mentioned, his eyes welling with tears.

“We wish to proceed to be robust and resolute in our response and we are going to proceed to be there for one another as a result of the unity that Canadians are feeling proper now is definitely a very powerful factor in having the ability to rise up towards the buying and selling companion that’s a lot larger than us.”

Whereas the American was extremely complimentary about Claudia Sheinbaum after their name yesterday, it appears the identical can’t be mentioned for his newest trade with Ottawa.

The Wall Road Journal studies that, opposite to Trump’s declare the interplay was “considerably pleasant”, the reality is that it was heated and profanity-laden.

Right here’s extra from Katie Hawkinson.

The president is planning to revoke non permanent authorized standing for some 240,000 Ukrainians who fled the battle with Russia, in response to a senior administration official.

The transfer, confirmed to Reuters by the official and three different sources, doubtlessly leaves the refugees open to being swiftly deported again residence amid the continuing conflict, maybe as early as April.

It might are available in stark distinction to the welcome provided to these escaping the battle that was rolled out by the Biden administration three years in the past.

This was Trump’s not very reassuring reply on the matter yesterday:

The president is reportedly contemplating altering the phrases of U.S. engagement with NATO to favor members who spend a set proportion of their gross home product (GDP) on protection.

Officers informed NBC Information that underneath the revised coverage, the U.S. won’t come to the help of a NATO member that has been attacked in the event that they don’t spend a specific amount of their GDP on protection.

The change could be a departure from NATO’s Article 5, which states that an assault on one nation is an assault on all and has solely ever been actioned as soon as, in assist of America after 9/11.

Right here’s the president apparently forgetting his historical past on that time yesterday:

Gustaf Kilander has extra.

The president mentioned various different fruity issues throughout yesterday’s press sit down, from “globalists” being liable for the antagonistic market response to his tariff aggressions, America not needing Canadian lumber anyway (so there) and raving about astronaut Suni Williams, trapped in area for 9 months, having fantastic thick hair.

Here are his latest remarks on Zelensky and the prospect of ending Russia’s war in Ukraine.

Additionally within the Oval yesterday, the president lashed out on the liberal pundits after Wallace criticized his resolution to make 13-year-old mind most cancers survivor DJ Daniel an honorary Secret Service agent throughout his deal with to Congress on Tuesday evening.

Wallace contrasted the gesture with Trump pardoning Capitol rioters and mentioned she hoped Daniels “by no means has to defend america Capitol towards Donald Trump’s supporters.”

“Worse than CNN is ‘MS-DNC,’ which is the worst,” the president ranted in response.

“And the excellent news may be very few folks watch them anymore. They’ve misplaced such credibility; and, frankly, what Nicole Wallace mentioned – I’ve by no means been a fan of hers, and she or he’s not very proficient — however I’ll let you know, what she mentioned the opposite day about that younger man is disgraceful. She ought to be pressured to resign.

“And Rachel Maddow ought to be pressured to resign. No person watches her anyway. I don’t know if – it’s not attainable they pay her as a lot cash as I hear – however actually she’s misplaced all credibility. Each of them. However what they mentioned the opposite day, they need to be pressured to resign, about that younger one who is struggling.”

Right here’s Josh Marcus on Trump contradicting himself by claiming by no means to observe liberal channels like MSNBC and CNN.