Donald Trump has pushed for a dramatic change to one of America’s oldest financial traditions, the US dollar. For the first time in history, a sitting US president’s name is set to appear on official American currency, replacing a long-standing practice that dates back to 1861. The White House has backed the decision, with Treasury officials, including Scott Bessent, defending it as a symbolic step ahead of the United States’ 250th anniversary. Supporters within the MAGA camp are calling it a bold assertion of leadership and national identity, a mark of economic strength and political dominance. But critics aren’t holding back. Across social media and political circles, the move is being labelled as unprecedented, with accusations of self-promotion and concerns over breaking institutional norms. WATCH
27 March,2026 06:25 PM IST
Pledging to make US the world’s crypto capital, US President Donald Trump hosted first ever Digital Asset Summit. Bringing together key figures from the blockchain world, Trump openly expressed his support for the digital assets. He also announced about the executive order he signed recently to create a strategic Bitcoin reserve for the US.
08 March,2025 11:57 AM IST
Donald Trump is set to return as President of the United States after a historic victory, showcasing his commitment to nationalism. On November 25, he announced plans to impose tariffs on Canada, Mexico, and China, including a 25% tariff on goods from the first two countries and an additional 10% on Chinese imports. On November 30, Trump further threatened BRICS nations, demanding they refrain from creating or supporting a currency that could challenge the US dollar. Through a social media post, he warned of 100% tariffs if these countries challenge the US economy. However, India's External Affairs Minister, S. Jaishankar, dismissed concerns over a BRICS currency, emphasizing it as a non-issue for national policy.
01 December,2024 03:00 PM IST
Former Principal Secretary to Prime Minister Narendra Modi Nripendra Misra on May 22 said that the PM was not keen on the introduction of the Rs 2,000 notes but went along with the advice of his team. “PM Modi was not at all in favour of Rs 2000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it. PM never considered Rs 2000 note as a note of the poor, he knew Rs 2000 has hoarding value instead of the transactional value,” said Nripendra Misra.
23 May,2023 10:57 AM IST | MumbaiADVERTISEMENT
