What are the limits of executive power, and how should such limits be enforced by the courts? If there was a single dominant theme in the U.S. Supreme Court’s recently concluded 2025–2026 term, then those two questions capture it in a nutshell. This was a SCOTUS term uniquely focused on the debate over the proper scope of presidential authority. That makes sense, given the current occupant of the White House. In his second term, President Donald Trump has pursued an agenda of maximalist executive power on every front. Trump was not the first president to bypass Congress and seek to…

Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies.The company said on Wednesday that its latest fund will invest “first in crypto, and now across AI, robotics and other frontiers.”“We continue investing in crypto and the reinvention of markets and the financial system,” Paradigm added, highlighting its investments in the crypto perpetuals exchange Hyperliquid and the prediction markets platform Kalshi.Paradigm launched in 2018 and has raised more than $4 billion for three funds focused on crypto. Its interest in AI follows a trend of originally…

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