Our favorite photos from Bitcoin 2025
From May 27 to 29, some 35,000 people gathered at the Venetian Expo Center in Las Vegas for Bitcoin 2025, the world's largest annual gathering of bitcoin industry professionals and enthusiasts. As Jacob Silverman reports in a feature dispatch from the conference for Business Insider, "More than anything, Bitcoin 2025 was a victory celebration for an industry that pushed all its chips in behind Donald Trump and the Republican Party during the 2024 election cycle and won handsomely." This year's speakers included Vice President JD Vance, Eric Trump and Donald Trump Jr., White House crypto and AI czar David Sacks, Sen. Jim Justice (who shared the stage with his bulldog, Babydog), Ohio gubernatorial candidate Vivek Ramaswamy, and the recently pardoned Silk Road drug market founder Ross Ulbricht.
BI also sent photographer David Becker to cover the conference, and his photos captured the energy and triumphalism of the sprawling bitcoin community today.
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Newsweek
12 minutes ago
- Newsweek
Pope Leo Sells Out US Event Clashing With Parade on Trump's Birthday
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Pope Leo XIV has helped sell out a stadium show in Chicago with a promised virtual appearance—scheduled for the same day as a major military parade in Washington, D.C. Within the first 15 minutes of ticket availability, more than 9,000 people requested seats for the Chicago gathering. By the end of the first day, that number had climbed to 20,000. As of Friday, the $5 tickets were completely sold out. The event will be streamed live online, although CatholicTV has not confirmed whether it will air the broadcast. Why It Matters Pope Leo's expected involvement in the Chicago event, which will be streamed online, will draw huge interest and will divide some attention away from the Trump-backed military parade the same day, the president's birthday. The pope, in his first address to world diplomats, said the dignity of migrants had to be respected, potentially putting himself on a collision course with the Trump administration, which has stepped up enforcement of immigration law, arguing voters' concerns on the topic have long been ignored. From left: Donald Trump attends a meeting at the White House in Washington, D.C., June 5, 2025; and Pope Leo XIV leaves after his weekly general audience in St. Peter's Square at The Vatican, May... From left: Donald Trump attends a meeting at the White House in Washington, D.C., June 5, 2025; and Pope Leo XIV leaves after his weekly general audience in St. Peter's Square at The Vatican, May 28, 2025. More AP What To Know The pontiff is set to appear on big screens at Rate Field, home of Major League Baseball's Chicago White Sox, on June 14. "Although Pope Leo XIV will not be present in Chicago for the event, he has announced that he will be participating remotely from Rome, with a video message to be played at the gathering," the Vatican's news service said in a June 2 release promoting the event. That same date, President Donald Trump's birthday, Washington D.C. will play host to a major military parade celebrating the U.S. Army's 250th birthday. Ronald Reagan Washington National Airport will be forced to shut down for several hours on June 14 to accommodate the parade, affecting more than 100 flights and thousands of passengers, according to The Washington Post. The New York Times reports the parade will feature 28 M1A1 Abrams tanks (each weighing 70 tons), 28 Stryker armored personnel carriers, more than 100 other military vehicles, 6,700 soldiers, 50 helicopters, 34 horses, two mules, and one dog. Notably, the Army did not hold a parade for its bicentennial in 1975. While the pontiff's message will be delivered from Rome, commentators noted the symbolism in the timing. "A bit of counterprogramming there," said MSNBC's Jonathan Lemire. "But I will say, when the Pope does come for real in the flesh—Chicago. Millions of people." John Heilemann, speaking alongside Lemire, added: "The counterprogramming point remains, Lemire, because the truth is—for America and Trump's military parade in Washington, if you don't live in Washington, that's a television spectacle. If you don't live in Chicago, the Pope's doing a video mass there at Rate Field. It's the same thing for those of us who live in New York. They're both just TV shows. And, you know, that's the definition of counterprogramming." The parade in Washington, meanwhile, is being promoted as a patriotic tribute to the U.S. Army's 250th birthday. A May 21 statement from the event organizers said it aims to "showcase the Army's modern capabilities" and "inspire a new generation to embrace the spirit of service, resilience, and leadership that defines the United States." Critics say the event is excessive and politically charged. "You know, there are so many reasons that you might want to push back on this military parade. All of them have been discussed before. There's a very kind of Kim Jong Un vibe to it," Heilemann told Lemire. "It's obviously going to be a kind of a nightmare, logistics-wise, for Washington, D.C. The streets are going to get all torn up. They're going to be filling in potholes from the damage that gets done for months to come." Trump and Pope Leo's Clash Over Immigration Since becoming the pontiff, Pope Leo has clashed with Trump—most notably over immigration policy. In one of his first major addresses as pope, U.S.-born Pope Leo XIV signaled a clear break from Trump's immigration stance, urging respect for migrants' dignity and compassion for those seeking a better life abroad. Speaking to diplomats at The Vatican, Leo reflected on his own roots as a descendant of immigrants and a former missionary in Peru. "My own story is that of a citizen, the descendant of immigrants, who in turn chose to emigrate," he said, adding that all people—"citizens and immigrants alike"—are equally worthy of dignity and protection. Leo's message contrasts sharply with Trump's vow to deport millions of undocumented immigrants. The late Pope Francis also clashed with Trump over immigration, once saying the president was "not Christian" for wanting to build a wall on the U.S.-Mexico border. Leo's comments suggest that the Church under his leadership will continue to advocate for migrant rights. Before his election, Leo—then-Cardinal Robert Prevost—had pushed back on U.S. Vice President JD Vance's claim that Catholic theology prioritized caring for one's own over others, a statement Pope Leo reportedly disagreed with. In May, Pope Leo's brother John Prevost told The New York Times that his brother was "not happy" with Trump's immigration policy, adding that he "won't just sit back." "I know he's not happy with what's going on with immigration. I know that for a fact. How far he'll go with it is only one's guess, but he won't just sit back. I don't think he'll be the silent one," John Prevost said. What Happens Next Gates for the Chicago event will open at 12:30 p.m. on Saturday, June 14, with the program set to begin at 2:30 p.m. The day will conclude with a Holy Mass at 4 p.m., led by Cardinal Blase Cupich, Archbishop of Chicago. Tickets are still available for President Trump's parade.
CNN
13 minutes ago
- CNN
Fareed Zakaria predicts who will ‘win' in Trump-Musk battle
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Chicago Tribune
18 minutes ago
- Chicago Tribune
President Trump flexes emergency powers in his second term
WASHINGTON — Call it the 911 presidency. Despite insisting that the United States is rebounding from calamity under his watch, President Donald Trump is harnessing emergency powers unlike any of his predecessors. Whether it's leveling punishing tariffs, deploying troops to the borderor sidelining environmental regulations, Trump has relied on rules and laws intended only for use in extraordinary circumstances like war and invasion. An analysis by The Associated Press shows that 30 of Trump's 150 executive orders have cited some kind of emergency power or authority, a rate that far outpaces his recent predecessors. The result is a redefinition of how presidents can wield power. Instead of responding to an unforeseen crisis, Trump is using emergency powers to supplant Congress' authority and advance his agenda. 'What's notable about Trump is the enormous scale and extent, which is greater than under any modern president,' said Ilya Somin, who is representing five U.S. businesses who sued the administration, claiming they were harmed by Trump's so-called 'Liberation Day' tariffs. Because Congress has the power to set trade policy under the Constitution, the businesses convinced a federal trade court that Trump overstepped his authority by claiming an economic emergency to impose the tariffs. An appeals court has paused that ruling while the judges review it. The legal battle is a reminder of the potential risks of Trump's strategy. Judges traditionally have given presidents wide latitude to exercise emergency powers that were created by Congress. However, there's growing concern that Trump is pressing the limits when the U.S. is not facing the kinds of threats such actions are meant to address. 'The temptation is clear,' said Elizabeth Goitein, senior director of the Brennan Center's Liberty and National Security Program and an expert in emergency powers. 'What's remarkable is how little abuse there was before, but we're in a different era now.' Rep. Don Bacon, R-Neb., who has drafted legislation that would allow Congress to reassert tariff authority, said he believed the courts would ultimately rule against Trump in his efforts to single-handedly shape trade policy. 'It's the Constitution. James Madison wrote it that way, and it was very explicit,' Bacon said of Congress' power over trade. 'And I get the emergency powers, but I think it's being abused. When you're trying to do tariff policy for 80 countries, that's policy, not emergency action.' The White House pushed back on such concerns, saying Trump is justified in aggressively using his authority. 'President Trump is rightfully enlisting his emergency powers to quickly rectify four years of failure and fix the many catastrophes he inherited from Joe Biden — wide open borders, wars in Ukraine and Gaza, radical climate regulations, historic inflation, and economic and national security threats posed by trade deficits,' White House press secretary Karoline Leavitt said. Of all the emergency powers, Trump has most frequently cited the International Emergency Economic Powers Act, or IEEPA, to justify slapping tariffs on imports. The law, enacted in 1977, was intended to limit some of the expansive authority that had been granted to the presidency decades earlier. It is only supposed to be used when the country faces 'an unusual and extraordinary threat' from abroad 'to the national security, foreign policy, or economy of the United States.' In analyzing executive orders issued since 2001, the AP found that Trump has invoked the law 21 times in presidential orders and memoranda. President George W. Bush, grappling with the aftermath of the most devastating terror attack on U.S. soil, invoked the law just 14 times in his first term. Likewise, Barack Obama invoked the act only 21 times during his first term, when the U.S. economy faced the worst economic collapse since the Great Depression. The Trump administration has also deployed an 18th century law, the Alien Enemies Act, to justify deporting Venezuelan migrants to other countries, including El Salvador. Trump's decision to invoke the law relies on allegations that the Venezuelan government coordinates with the Tren de Aragua gang, but intelligence officials did not reach that conclusion. Congress has granted emergency powers to the presidency over the years, acknowledging that the executive branch can act more swiftly than lawmakers if there is a crisis. There are 150 legal powers — including waiving a wide variety of actions that Congress has broadly prohibited — that can only be accessed after declaring an emergency. In an emergency, for example, an administration can suspend environmental regulations, approve new drugs or therapeutics, take over the transportation system, or even override bans on testing biological or chemical weapons on human subjects, according to a list compiled by the Brennan Center for Justice. Democrats and Republicans have pushed the boundaries over the years. For example, in an attempt to cancel federal student loan debt, Joe Biden used a post-Sept. 11 law that empowered education secretaries to reduce or eliminate such obligations during a national emergency. The U.S. Supreme Court eventually rejected his effort, forcing Biden to find different avenues to chip away at his goals. Before that, Bush pursued warrantless domestic wiretapping and Franklin D. Roosevelt ordered the detention of Japanese-Americans on the West Coast in camps for the duration of World War II. Trump, in his first term, sparked a major fight with Capitol Hill when he issued a national emergency to compel construction of a border wall. Though Congress voted to nullify his emergency declaration, lawmakers could not muster up enough Republican support to overcome Trump's eventual veto. 'Presidents are using these emergency powers not to respond quickly to unanticipated challenges,' said John Yoo, who as a Justice Department official under George W. Bush helped expand the use of presidential authorities. 'Presidents are using it to step into a political gap because Congress chooses not to act.' Trump, Yoo said, 'has just elevated it to another level.' Conservative legal allies of the president also said Trump's actions are justified, and Vice President JD Vance predicted the administration would prevail in the court fight over tariff policy. 'We believe — and we're right — that we are in an emergency,' Vance said last week in an interview with Newsmax. 'You have seen foreign governments, sometimes our adversaries, threaten the American people with the loss of critical supplies,' Vance said. 'I'm not talking about toys, plastic toys. I'm talking about pharmaceutical ingredients. I'm talking about the critical pieces of the manufacturing supply chain.' Vance continued, 'These governments are threatening to cut us off from that stuff, that is by definition, a national emergency.' Republican and Democratic lawmakers have tried to rein in a president's emergency powers. Two years ago, a bipartisan group of lawmakers in the House and Senate introduced legislation that would have ended a presidentially-declared emergency after 30 days unless Congress votes to keep it in place. It failed to advance. Similar legislation hasn't been introduced since Trump's return to office. Right now, it effectively works in the reverse, with Congress required to vote to end an emergency. 'He has proved to be so lawless and reckless in so many ways. Congress has a responsibility to make sure there's oversight and safeguards,' said Sen. Richard Blumenthal, D-Conn., who cosponsored an emergency powers reform bill in the previous session of Congress. He argued that, historically, leaders relying on emergency declarations has been a 'path toward autocracy and suppression.'
