· 19m · on MSN
President Trump preps executive order to dismantle Education Department
Trump expected to sign Education Department executive order
Completely eliminating the Education Department would require congressional approval and 60 votes in the Senate, which is unlikely given the current makeup.
White House pulls signing of executive order to dismantle Department of Education
President Donald Trump has signed an executive order establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance.
President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve. White House Crypto and AI Czar David Sacks said the reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases,
The U.S.’s stockpile will favor bitcoin and won’t include purchases that cost taxpayers money, the Trump administration says.
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.
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Governor Josh Shapiro signed an executive order to help laid-off federal workers find jobs within the Commonwealth workforce.
The action comes ahead of a White House crypto summit on Friday that will feature prominent figures in the digital assets world.
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 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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