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Trump asked for Dulles Airport, Penn Station to be named after him in exchange for Gateway money to be released
nbcdfwhace 9d

Trump asked for Dulles Airport, Penn Station to be named after him in exchange for Gateway money to be released

The Trump administration asked for Washington’s Dulles International Airport and New York’s Penn Station to be named after President Donald Trump in exchange for releasing the federal funds required for the Gateway tunnel project, multiple sources told NBC News.The administration halted funding for the $16 billion project at the start of the federal government shutdown last fall. But despite the shutdown ending in November and the full appropriations packages passing this week, the administration has yet to release the funds.White House budget director Russell Vought said at the time that he was stopping funding for infrastructure projects to “ensure” it wasn’t used “on unconstitutional DEI principles.”The states of New York and New Jersey have sued to force the administration to release the funds, The Associated Press has reported, which had already been appropriated.The Gateway project warned that it will be forced to halt construction soon if the funds don’t start flowing. If that happens, thousands of construction workers would be laid off.Money for the project will run out Friday.The massive $16.1 billion project includes a new railway tunnel under the Hudson River that would connect New Jersey and New York. The project underwent years of delays and other problems, but received a boost in 2024 when former President Joe Biden’s administration agreed to provide an additional $6.9 billion in funding.The White House declined to comment, and Schumer’s office did not respond to a request for comment, but a source close to Schumer told NBC News that “there is nothing to trade.”“The president stopped the funding and he can restart the funding with a snap of his fingers,” the source said.Punchbowl News was first to report on the proposal.Donald Trump24 hours agoFact-checking Trump's interview with NBC NewsTrump administrationFeb 4Trump says he ‘would not' have picked Kevin Warsh to lead the Fed if he wanted to raise interest ratesKennedy CenterFeb 1Kennedy Center to close in July for 2-year renovation, Trump says, after performers' backlashSen. Kirsten Gillibrand, D-N.Y., who is a member of the Senate Appropriations Committee, said in a statement Thursday that “this is ridiculous.”“These naming rights aren’t tradable as part of any negotiations, and neither is the dignity of New Yorkers,” Gillibrand said. “At a time when New Yorkers are already being crushed by high costs under the Trump tariffs, the president continues to put his own narcissism over the good-paying union jobs this project provides and the extraordinary economic impact the Gateway tunnel will bring.”“I demand that president put people first and unfreeze this project and all the others his administration has been holding hostage for his personal gain,” she said.The administration’s request comes amid Trump’s efforts to include his name on several landmarks and other initiatives. Trump on Thursday launched a website that offered lower prescription drugs, which is called TrumpRX.He has also proposed a $5 million pathway to permanent residence and eventual citizenship he called the Trump Gold Cards.In December, Trump slapped his name onto the U.S. Institute of Peace, an agency his administration had previously dismantled. That same month, Trump’s handpicked board voted to add his name to the Kennedy Center, prompting pushback from the Kennedy family, a lawsuit from an Ohio Democrat and high-profile performance cancellations.A Republican House representative had already introduced a bill to rename Dulles after Trump, though that bill has been stagnant since February of last year, when it was referred to a subcommittee on aviation. Still, it may not be the only attempt to get Trump’s name added to an airport. A state lawmaker in Florida has proposed renaming the Palm Beach International Airport to include Trump’s name, too.

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Forget bonds, metals are now the 'essential hedges': experts
fool_auhace 9d

Forget bonds, metals are now the 'essential hedges': experts

Global asset manager, Sprott, says the global debasement trade will keep pushing up demand for metals. The post Forget bonds, metals are now the 'essential hedges': experts appeared first on The Motley Fool Australia.

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Bitcoin Price Plummets Below $64,000: Analyzing the Sudden Market Downturn
bitcoinworldhace 9d

Bitcoin Price Plummets Below $64,000: Analyzing the Sudden Market Downturn

BitcoinWorldBitcoin Price Plummets Below $64,000: Analyzing the Sudden Market DownturnGlobal cryptocurrency markets witnessed a significant correction on Thursday, May 15, 2025, as the flagship digital asset, Bitcoin (BTC), broke below the critical $64,000 support level. According to real-time data from Binance’s USDT trading pair, Bitcoin’s price settled at $63,709.36, marking a notable retreat from recent highs and prompting analysis from traders and institutions worldwide. [...]This post Bitcoin Price Plummets Below $64,000: Analyzing the Sudden Market Downturn first appeared on BitcoinWorld.

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Market Maelstrom: Stocks, Metals, and Cryptos Quake Amid Global Selloff
devdiscoursehace 9d

Market Maelstrom: Stocks, Metals, and Cryptos Quake Amid Global Selloff

Global markets endured a turbulent session as the selloff on Wall Street extended into a third consecutive day impacting stocks precious metals and cryptocurrencies Market volatility intensified with fears regarding AIs influence on software firms profits adding to the decline

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Who is Derrick Callella? Suspect Arrested After Threatening Guthrie Family
biztochace 9d

Who is Derrick Callella? Suspect Arrested After Threatening Guthrie Family

Derrick Callella, a Los Angeles man, was arrested on allegations that he sent text messages to members of Nancy Guthrie’s family seeking information about sending bitcoin, authorities said.Investigators said in the criminal complaint that the messages are not believed to be connected to a...

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Why the George V gold sovereign is still prized in the Middle East
arabnewspkhace 9d

Why the George V gold sovereign is still prized in the Middle East

article author: Jonathan GornallAuthor: Thu, 2026-02-05 23:40LONDON: When the price of gold surpassed $5,000 an ounce for the first time on Jan. 26, collectors of old coins were likely weighing up the value of their collections — nowhere more so, perhaps, than in the Middle East and India, where one coin in particular has attained almost mythical status.Between 1911 and 1932, tens of millions of the George V gold sovereign were minted, predominantly at the Royal Mint in London, which struck about 123 million of the coins, but also at “colonial branch mints” in Bombay, Ottawa, Pretoria, Melbourne, Perth and Sydney.Main category: Middle-EastTags: Editor’s ChoiceGold coinsKing George V

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Drops for tech stocks and bad news on the US job market hit Wall Street as bitcoin plunges
wishtvhace 9d

Drops for tech stocks and bad news on the US job market hit Wall Street as bitcoin plunges

NEW YORK (AP) — More drops for technology stocks are yanking the U.S. market lower on Thursday, while bitcoin’s price dropped by nearly half from its record set last fall. Yields are also sinking in the bond market following discouraging news on the U.S. job market. The S&P 500 fell 1.1% and is heading toward its sixth loss in the seven [...]

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