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View More NewsIn 1935, the U.S. Supreme Court unanimously stopped President Franklin Roosevelt from firing a commissioner of the Federal Trade Commission (FTC) for purely political reasons. The FTC “cannot in any proper sense be characterized as an arm or an eye of the executive,” the Court declared in Humphrey’s Executor v. United States. On Monday, by a vote of 6–3, the Supreme Court overturned Humphrey’s Executor and allowed President Donald Trump to fire FTC commissioner Rebecca Slaughter at will. In other words, a theory of broad executive power that was once championed by a progressive president has just been successfully resurrected…
from the nice-try-fascist dept It’s no secret that Donald Trump has been waging an Orwellian war on knowledge and information for most of his second term thus far. While purging history of American racism, slavery, and anything else that makes us look less than perfect has been the primary focus in this war, so too has Trump attempted to simply disappear data and information around climate change from the public view. This attempt to make us all more ignorant about the harms and potential negative outcomes from climate change is, of course, completely insane and self-destructive. But if you’re an…
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On 6 June, a play that has been decried as too “toxic” and “problematic” for the age of #MeToo ended an acclaimed, sold-out run at London’s National Theatre. A filmed version of the production also began screening in cinemas across the United Kingdom, the United States, Australia, and other countries from 25 June. The play is Christopher Hampton’s Les Liaisons Dangereuses, the (now-updated) 1985 adaptation of Pierre-Ambroise Choderlos de Laclos’s eponymous 1782 novel.The book has also been denounced plenty of times since it first appeared—back then, it was described with words like “execrable” or “infamous.” Its authorship reportedly got Laclos,…
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The protocol has two parts. A Single Asset Vault pools a single asset, and the lending layer turns that pooled money into loans with…
Bitcoin (BTC) trades at an important inflection point as retail investors are selling, big institutions are in a hold despite the discounted valuation and…
In brief Shares of Strategy snapped a nine-day losing streak, paring monthly losses on the back of a capital management framework. The Bitcoin-buying firm’s…
South African journalist Sakhiseni Nxumalo was reporting on an anti-migrant march, which turned into a deadly attack on foreign nationals, when he himself became…
In brief SpaceX agreed to acquire AI coding startup Cursor in an all-stock deal valuing the company at $60 billion. The acquisition was disclosed…
from the more-vindictive-prosecutions-in-the-works dept Just once I’d like to see this administration engage in the slightest bit of subtlety. Just once. It would be…
Silicon Valley has a new pitch for Washington: Artificial intelligence will solve all your budget problems. Industry leaders claim the technology will turbocharge productivity…
Coinbase (COIN) said it plans to introduce tokenized stocks backed one-for-one by underlying U.S. equities, joining the growing competition among crypto firms and traditional…
Cryptocurrency exchange Binance, whose application under the European Union’s Markets in Crypto Assets (MiCA) framework is under consideration, has generally deferred responding to a…
In brief BlackRock unveiled an ETF that limits Bitcoin gains in exchange for double-digit payouts by selling call options on its holdings. Under current…
Hello and welcome to another edition of Free Agent! Be better than this loser this week—stay true to your roots and don’t root for…
Subscribe to the Free Future NewsletterFree Future home The Trump Administration has a nightmarishly authoritarian vision of what law enforcement should look like. In…