#White House

News tagged with #White House

Cracked dollar symbol with red fissures, symbolizing the threat to dollar dominance due to the Sanctioning Russia Act 2026 bill

The Sanctions Paradox: The White House Fears Loss of Dollar Dominance Due to the Sanctioning Russia Act 2026 Bill

Economy 07/19/2026, 00:15
The US is discussing risks to the dollar due to the Sanctioning Russia Act 2026 bill. The White House and Treasury Department fear that strict tariffs of up to 100% on energy resources will accelerate China and India's transition to alternative currencies. The dollar's share in global reserves has already dropped from 70% to 58%. 📉💸🇺🇸
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Schematic illustration of an AI microchip, symbolizing the technological race in artificial intelligence between the US and China

David Sacks Warns the White House: US Risks Losing the AI Race to China Due to Its Own Bureaucracy

Technology 07/18/2026, 18:36
White House advisor David Sacks warned that the US risks losing the AI race to China due to excessive regulation. 🇺🇸🇨🇳 The emergence of the Chinese model Kimi K3, which outperformed American counterparts in tests and price, confirms these fears. Sacks believes that bureaucratic barriers give Beijing an advantage, as open models cannot be controlled. 🤖📉
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