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Trump raked in more than $1bn from crypto businesses in 2025, filing shows

Trum made more than $1B in ctypto venturesDonald Trump raked in more than $1bn from his crypto businesses last year, a federal filing released Monday shows, giving a substantial boost to his annual income.

In his second term, the president and his family have heavily invested in digital money and various crypto businesses with Trump announcing at the start of 2025 that he wanted the US to be the “crypto capital of the world”. Trump’s crypto earnings are in addition to profit from his legal settlements, real estate and royalty deals.

Many of the president’s crypto ventures were mere startups when he took the oath of office, but now have eclipsed in revenue much of his vast property portfolio that took decades to accumulate. This rise has been fueled by billionaire investors and Trump’s move to quash a federal crackdown on the industry.

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US supreme court agrees to hear challenges to assault-weapons bans

assault wewaponsThe US supreme court will consider whether bans on AR-15 rifles and similar semiautomatic firearms are constitutional.

The justices said on Tuesday they will hear appeals challenging bans in Connecticut and the Chicago area in the next term.

The high court’s announcement comes on the heels of two recent victories for second amendment attorneys and advocates. On 18 July the court sided with a Texas man and prospective gun owner who argued that policies that bar marijuana users from ownership violate the second amendment. The following week, the court’s conservative majority struck down a Hawaii law that prohibits people from bringing a gun on to private property without the consent of the property’s owner.

The upcoming cases are the court’s latest steps toward clarifying the doctrine set in place by the 2022 Bruen decision, which requires gun laws to pass a “history and tradition test”, said Hayley Lawrence, the executive director of the Center for Firearms Law at Duke Law School.

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A democratic socialist unseats a 15-term congresswoman in Colorado

Melat TirosMelat Kiros, a 29-year-old democratic socialist and first-time candidate, ousted Democratic Rep. Diana DeGette of Colorado in a primary challenge on Tuesday.

DeGette, a 15-term incumbent first elected in 1996, is the second member of Congress to lose her seat to a younger democratic socialist challenger after Darializa Avila Chevalier unseated Rep. Adriano Espaillait, the chair of the Congressional Hispanic Caucus, in New York's 13th District last week.

Chevalier's and Kiros' challenges came amid widespread discontent and frustration among Democratic voters with party leadership in the wake of President Donald Trump's election. Both Espaillat and DeGette are longtime progressives whom their opponents cast as representatives of a failing Democratic establishment beholden to corporate interests. Chevalier and Kiros both also have a history of pro-Palestine activism and made opposing Israel's war in Gaza central to their campaigns.

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Trump ballroom being built under no-bid contract: Report

TrumpThe White House awarded a no-bid contract worth up to $500 million for the construction of the East Wing ballroom, with President Donald Trump being directly involved in negotiating some costs, The Washington Post reported, citing a copy of the agreement, related correspondence and records it had obtained.

The contract, awarded to Virginia-based Clark Construction, was ⁠routed ⁠through the Executive Residence, an office that is exempt ​from rules requiring federal agencies to seek competitive bids and make contract details public, according to the June 30 report.

USA TODAY has not seen the agreement. Neither the White House nor Clark Construction immediately responded to USA TODAY’s request for comment.

The project is one of many undertaken by the president as he looks to remake the White House and Washington, D.C., including the Triumphal Arch, rehabilitating the Lincoln Memorial Reflecting Pool and Lafayette Square Park. Many of these projects have drawn criticism for a variety of reasons, including not seeking congressional approval and awarding no-bid contracts.  An analysis of federal contract data by USA TODAY found that 20 days before Trump first announced the renovation of the reflecting pool, the government had already committed $8.5 million to fix the pool even though the president said it would cost $2 million.

The company charged a ⁠3% profit for its early work on the East Wing, and subsequently projected that it would receive a total of $65 million in combined profit, overhead and daily rates for on-site staff and other costs, according to the new report.

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Trump reacts after Supreme Court upholds birthright citizenship: Live updates

US ConstitutionThe Supreme Court ruled that all children born in the United States are citizens, upholding what has been one of the country’s bedrock principles for more than 125 years and handing President Donald Trump a loss on one of his top priorities.

Trump signed an executive order the first day of his second term to limit citizenship to children born to citizens or legal permanent residents, rather than tourists or undocumented immigrants. But the high court has interpreted the Constitution’s 14th Amendment – ratified in 1868 and upheld in a ruling in 1898 – as granting citizenship to all babies born in the country, regardless of parentage.

After the ruling, Trump urged Congress to adopt his citizenship restrictions through legislation.

In another decision Tuesday, the court ruled 6-3 to allow West Virginia and Idaho to ban transgender athletes from participating in female sports teams. Trump has been a vocal opponent of transgender athletes.

The conservative majority also sided with Vice President JD Vance and Republicans in striking down a law limiting how much political parties can spend in coordination with an election candidate.

Advocates for the winning side said they were surprised that the Supreme Court did not issue a more lopsided decision in favor of birthright citizenship. Six of nine justices agreed Trump’s executive order banning birthright citizenship was unlawful, and five of those said the order was unconstitutional.

“It just really shows the more rightward movement that the Supreme Court basically has been,” said Juan Proaño, the CEO of the League of United Latin American Citizens. He called the vote count “a powerful statement” that is “very concerning from a long-term perspective.”

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Supreme Court restricts use of geofence warrants

Supreme CourtThe Supreme Court on Thursday restricted the use of a relatively new law enforcement technique that allows police to tap into giant tech-firm databases to see who was near the scene of a crime.

Writing for the 6-3 majority, Justice Elena Kagan said that the technique, known as geofencing, sent the case back to a lower court to determine whether the search was "reasonable" under the Fourth Amendment to the Constihttps://www.npr.org/2026/06/29/nx-s1-5844697/supreme-court-restricts-use-of-geofence-warrantstution.

"The Fourth Amendment must, as ever, protect against unjustified government intrusion on the privacy of the individual," she wrote.

"The Fourth Amendment must, as ever, protect against unjustified government intrusion on the privacy of the individual," she wrote.

Justice Samuel Alito, in his dissent, called the court's opinion an "irresponsible escapade" and accused the court's majority of "striking a pose as a great champion of privacy in the digital age."

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From mail voting to firings, SCOTUS verdict on Trump agenda is mixed

SCOTUSThe Supreme Court dealt President Donald Trump's agenda major blows June 29 when it comes to regulating the economy and targeting mail-in voting, but also issued a historic decision expanding his control over federal agencies.

In split decisions, the justices blocked Trump from immediately firing Lisa Cook, a governor on the board of the Federal Reserve, and upheld a Mississippi law that allowed mail-in ballots postmarked by Election Day to be received and counted later.

The court also rejected Trump's appeal against a $5 million judgment awarded to New York writer E. Jean Carroll after a jury concluded he sexually abused and defamed her – claims he denies.

However, the court also backed Trump's firing of a Democratic appointee to the Federal Trade Commission, Rebecca Slaughter, in a 6-3 decision overturning a 90-year-old legal precedent that limited presidential firing powers.

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