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The funding pause could jeopardize child care and other programs that serve hundreds of thousands of households in California, Colorado, Illinois, Minnesota and New York.
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Ventures launched by the Trump family since Donald Trump's reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are "increasingly integrating their business empire" into the wider U.S. economy, says David Uberti, who has been reporting on the family's self-enrichment for The Wall Street Journal. The coupling of Trump's economic and political influence is raising major questions about conflicts of interest. "You have all of these different business interests in different areas in which the government regulates," and this "proximity to power may help along some of these deals and the valuations at which they're made."
We look at the Trumps' cryptocurrency venture World Liberty Financial and the Trump Organization's planned $6 billion merger with a firm hoping to build a nuclear fusion plant to power AI data centers with Uberti, who says such "very speculative, highly risky corners of financial markets" are key to the family's investment strategy.
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The Trump administration on Thursday announced new measures to target hospitals and doctors providing care to trans youth. Under the new rules unveiled by Health Secretary Robert F. Kennedy Jr. and Dr. Mehmet Oz, who leads Medicaid and Medicare, the government would strip federal funding for any hospitals that provide pediatric gender-affirming care. The new rules were announced a day after the House of Representatives narrowly approved a bill that aims to criminalize providing gender-affirming medical care for any transgender person under 18 and subject providers to hefty fines and prison time.
"This is a drastic departure from any concern about science, concern about parents and their rights," says Chase Strangio, co-director of the American Civil Liberties Union's LGBTQ & HIV Project. "It is putting hospitals in an impossible situation, and just another example of this administration undermining and threatening all of our health and welfare."
We also speak with Dr. Jeffrey Birnbaum, a pediatrician and adolescent medicine specialist who works with transgender youth in New York City. He says the families he works with are "terrified right now," but vows to continue his work. "I refuse to stop providing this care, knowing that I could potentially face 10 years in prison and a felony charge. I'm willing to go down that route, if necessary."
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Democratic lawmakers said in a report that shifting Defense Department funding to support the Trump administration's immigration agenda has hurt military readiness.
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