The Chinese yuan has surpassed the U.S. dollar in trading volume on the Moscow Exchange due to Russia moving away from transacting in the currencies of "unfriendly" countries amidst sanctions.
The proposed digital currency in Texas would be unique as it would be based on a physical asset, gold, and each unit of the digital currency issued would represent a particular fraction of a troy ounce of gold held in trust.
U.S. Supreme Court Justice Clarence Thomas defended luxury trips funded by a Republican donor, stating he sought guidance and was advised that such "personal hospitality" was not reportable under federal rules.
The House Oversight Committee led by Republican Chairman James Comer has issued subpoenas to several major banks requesting financial records belonging to the Biden family, while Democrats on the committee have accused Comer of withholding information and playing political games.
A Christian woman in Oregon was denied adoption due to her beliefs about gender, and concerns have been raised about the lifelong consequences of gender dysphoria treatments, as Oregon lawmakers propose a law to cut parents out of the process entirely.