Update (1545ET): Confirming the earlier rumors, President Trump signed an executive order easing access to private equity, real estate, cryptocurrency and other alternative assets in 401(k)s.

The order directs the Labor Department to reevaluate guidance around alternative asset investments in retirement plans and clarify the government’s position on fiduciary responsibilities.

Trump also required Labor Secretary Lori Chavez-DeRemer to work with counterparts at the Treasury Department, Securities and Exchange Commission and other federal regulators to determine whether rule changes should be made to assist in the effort. The SEC is asked to facilitate access to alternative assets for participant-directed retirement plans.

This is obviously a major victory for industries looking to tap some of the roughly $12.5 trillion held in those retirement accounts.

BTC and ETH are rallying further on the news…

*  *  *

US President Donald Trump will sign an executive order that could open the door for cryptocurrencies to be included in 401(k) retirement plans, potentially reshaping how Americans invest their savings.

The White House Press Office confirmed to Cointelegraph on Thursday that the order directs the US Labor Department to reevaluate restrictions around alternative assets in defined-contribution plans, including digital assets, private equity and real estate. 

A senior White House official said the order instructs the Secretary of Labor to clarify the department’s stance on alternative assets and provide guidance on fiduciary processes for offering these types of investments in retirement portfolios.

Trump will allow crypto exposure for $12.5 trillion 401(k) market

Once implemented, Cointelegraph’s Ezra Reguerra reports that the order could grant Americans access to digital assets through their 401(k) plans — part of a $12.5 trillion retirement market and a sought-after opportunity for crypto firms aiming to reach more retail investors.

The move would be a significant step forward for the crypto industry, which has long sought broader retail exposure and financial system legitimacy.

Despite institutional investors increasing crypto allocations, everyday savers have been restricted due to fiduciary risk, regulatory uncertainty and volatility concerns. 

The White House official said that Trump’s directive would call for inter-agency coordination with the US Treasury and the Securities and Exchange Commission (SEC) to explore rule changes that may support the adoption of alternative investments like crypto in retirement products. 

Bitcoin is rallying this morning on the report…

And yesterday saw a reversal of the recent outflows from ETFs…

Trump has final say on the executive order

On July 18, the Financial Times cited anonymous sources saying that the president is eyeing alternative investments like crypto assets for American 401(k) retirement plans.

In a previous statement to Cointelegraph, White House spokesman Kush Desai said that nothing should be deemed official unless it comes from Trump himself.

Desai said Trump is committed to restoring prosperity to everyday Americans and safeguarding their economic future. “No decisions should be deemed official, however, unless they come from President Trump himself,” Desai said. 

During a Bloomberg interview, US SEC Chair Paul Atkins said education on the risks associated with crypto as an investment is crucial.

Atkins said disclosure is key and that people should be made aware of what they are getting into. He added that he’s looking forward to what the president will do. 

Earlier this year, the Labor Department rescinded an earlier guidance for crypto in 401(k) plans. On May 28, the Labor Department revoked a 2022 guidance that urged fiduciaries to be “extremely cautious” when eyeing crypto for 401(k) retirement plans. 

Authored by Matt Margolis via PJ Media,

President Trump is putting America first again. This time, he’s going after the rigged system that counts illegal aliens in the U.S. Census, skewing congressional representation and rewarding sanctuary states with more power. On Thursday, Trump announced he’s directing the Department of Commerce to conduct a new, corrected census – one that actually counts American citizens and excludes those here illegally.

“I have instructed our Department of Commerce to immediately begin work on a new and highly accurate CENSUS based on modern day facts and figures and, importantly, using the results and information gained from the Presidential Election of 2024,” Trump announced in a post on Truth Social. “People who are in our Country illegally WILL NOT BE COUNTED IN THE CENSUS. Thank you for your attention to this matter!”

Naturally, the mainstream media isn’t thrilled. CNN described Trump’s proposal as “a dramatic shift from longstanding census practices” while insisting that the census “has historically counted all residents regardless of immigration status.”

But, this is hardly just about illegal immigration. In fact, this move is long overdue. 

The 2020 Census, overseen by the Biden administration and its Deep State allies, was an unmitigated disaster – and the fallout is still being felt. Even the Census Bureau itself – hardly a bastion of conservative thought – admitted that its 2020 Census was incorrect in at least 14 states.

According to the Bureau’s own Post-Enumeration Survey (PES), eight states were overcounted while six were undercounted. But here’s where it gets truly absurd: The Census Bureau claims it can’t identify which groups were miscounted or where the errors occurred, citing “sample sizes within most states do not support such estimates.” Translation? They know it was wrong, but they can’t — or won’t — say how or where.

This isn’t just bureaucratic bungling; it’s a dereliction of duty. And it’s exactly why President Trump is right to call for a new, citizen-focused census. If the federal government can’t even tell us who they miscounted or where, how can anyone trust the results?

These weren’t random clerical errors, either. They were systemic failures that just so happened to benefit Democrats. Florida was robbed of not one, but two congressional seats. Texas lost out on another. Meanwhile, blue states like Minnesota and Rhode Island held onto seats they should have lost — and Colorado was gifted a seat it was never entitled to. The fix was in.

The Heritage Foundation:

To put the scope of these mistakes into perspective, contrast the errors in the Census Bureau’s latest recount (the 2020 Post-Enumeration Survey, or PES) with the recount from a decade ago (the 2010 Post-Enumeration Survey)—in which there was a net overcount of a mere 0.01 percent (36,000 people), a statistically insignificant error.

“The harms flowing from these mistakes impact more than just congressional representation, which also affects the number of electors from those states since they are calculated by the number of Senators and Representatives in each state,” explains the Heritage Foundation. “Because the Treasury and other federal departments will continue to use the original, official Census numbers (and not the new numbers contained in the PES), these errors will affect $1.5 trillion in funding received by states in federal appropriations during the next decade in disbursements that are distributed based on the population of each state.

When the system cheats the American people, someone must blow the whistle. President Trump’s new census directive takes on the rigged counting of illegal aliens that the mainstream media buries. PJ Media uncovers the truth no one else will run. Join PJ Media VIP with promo code FIGHT for 60% off to get exclusive stories and unrestricted commenting. Join today and help us keep America honest!

Given the rapid movement on a Trump-Putin face to face meeting, to be held within the ‘coming days’ – according to both sides, Volodymyr Zelensky is speaking up, and seeking to ensure Ukraine’s position isn’t sidelined.

Apparently Washington during Steve Witkoff’s visit to Moscow Wednesday pushed the idea of a trilateral meeting involving Trump mediating between Zelensky and Putin, but this has been firmly rejected by Moscow. Instead Russia is taking the reputational and diplomatic ‘win’ of a bilateral Trump-Putin meeting, which would be a huge first of the war and a first of Trump’s second term in office.

Russia’s Putin stipulated Thursday that “conditions” for a potential future meeting with Zelensky had not been met.

“I have nothing against it in general, it is possible, but certain conditions must be created for this. But unfortunately, we are still far from creating such conditions,” Putin told reporters.

These conditions without doubt center on territorial concessions, and things like sovereignty on Crimea. Additionally, Russia’s position is that Zelensky is in power illegally, long past his mandate after canceling elections.

Putin’s remarks on a Zelensky meeting were in response to the Ukrainian leader saying he’s open to such a sit-down.

In a Thursday Telegram post, Zelensky said he had spoken with German Chancellor Friedrich Merz to discuss ending the conflict in what he called “a dignified peace” that would “determine the security conditions for Europe for decades.”

“Ukraine is not afraid of meetings and expects the same bold approach from the Russian side. It is time to end the war,” he said, using words which Trump has also repeatedly proclaimed.

Putin earlier this summer made clear he’s willing to meet Zelensky, but only during a “final phase” of negotiations.

This would necessitate that the terms for ending the war would already be outlined and on the table, and tentatively agreed to and drawn up in their details.

Putin has in effect indicated that he would only show up to sign on to Zelensky and Ukraine’s surrender. But as it stands, Kiev is still unwilling to make territorical concessions or compromises, and won’t even take to more obvious first step of at least offering to relinquish Crimea.

Putin says conditions are far from a meeting with Zelensky. If he gets a summit with Trump without Zelensky, and without a Ukraine ceasefire deal — that’s a Kremlin dream come true. They will be ordering tacos by the bucket.

— Yaroslav Trofimov (@yarotrof) August 7, 2025

The last six months, and especially the devastation wrought by drone and missile fire on both sides’ territory, has caused positions to harden – despite the immense and tragic manpower losses. Ukraine is also wholly reliant on continued Western support, despite a general war weariness having long ago set in among the European and American publics.

Authored by Jonathan Turley,

In my forthcoming book, Rage and the Republic: The Unfinished Story of the American Revolution, I explore how the American republic can survive in the 21st Century given unprecedented economic, technological, and political changes.

The book addresses the increasing calls for a universal basic income (UBI). Various Democratic cities are already implementing UBI systems.

Now, a new study finds (as did some prior studies) that UBI systems have not achieved significant improvements and may actually have some negative consequences for recipients.

A working paper with the National Bureau of Economic Research shows that UBI recipients did indeed spend more money, including a 13 percent increase on child-related expenses. There was also a slight increase in parental supervision of children.

However, there was no improved school performance and a slight increase in reported developmental and stress-related problems with children.

Stanford’s Basic Income Lab is tracking more than 160 UBI projects in the U.S..

So far, the results are at best mixed.

One study in Compton showed that many recipients of the $500 monthly payment quit working part-time jobs.

Likewise, reports indicate that “a $400 monthly payment in Chelsea, Massachusetts, increased food spending and did not measurably reduce work, but it failed to produce results for the research team’s “primary downstream outcomes”—namely self-reported health and child school attendance.”

This follows earlier reports about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years.

The result was a reduction in work and an increase in leisure activities.

There was also an increase in spending on health care but not an increase in health outcomes.

It is still early in studying these outcomes but these programs are not showing the downstream benefits predicted by some. Indeed, they may be impacting work hours negatively for recipients in some areas.

As various cities like New York move toward socialist candidates and programs, these studies offer a cautionary tale as officials push UBI payments.

On the anniversary of the Oklahoma City Bombing earlier this year, we covered swampy John Ashcroft’s involvement in the coverup and shocking evidence regarding government foreknowledge.

Tonight at 7 PM ET, ZeroHedge will host a panel on the OKC coverup and new book Blowback by Margaret Roberts. The conversation will be moderated by Peter Schweizer, investigative journalist and president of the Government Accountability Institute.

Joining the panel:

• Margaret Roberts, author of Blowback, which investigates evidence suggesting federal foreknowledge and possible complicity in the 1995 Oklahoma City bombing. The book draws on court records, whistleblower testimony, and previously unreleased documents to argue that Timothy McVeigh may not have acted alone—and that elements within federal law enforcement may have played a more complex role than officially acknowledged.
   
• Jesse Trentadue, a lawyer whose brother, Kenneth Trentadue, died in federal custody shortly after the bombing under suspicious circumstances. Jesse has spent decades pursuing FOIA litigation that has uncovered contradictions in the FBI’s narrative and raised questions about the possible existence of additional suspects and withheld surveillance footage from the Murrah Building.

Tucker’s Theory About the Oklahoma City Bombing and How Bill Clinton is Connected pic.twitter.com/RE6WuECGYi

— Tucker Carlson Network (@TCNetwork) August 5, 2025

The discussion will center on the growing body of evidence challenging the official story, including:

• McVeigh’s known associations with Elohim City and federal informants.
• Allegations that ATF agents were warned in advance and absent from the building the morning of the bombing.
• The suppression of surveillance footage from cameras around the Murrah Building.
• The FBI’s handling of evidence and failure to investigate leads pointing to additional conspirators.

The goal tonight is to lay out the documented facts, legal findings, and unanswered questions that continue to fuel public skepticism 30 years after the deadliest act of domestic terrorism in U.S. history.

Watch live tonight at 7 PM ET on the ZH home or X page.
 

Well, this is going to become a little awkward…

While some on The Fed believe that tariffs will unleash the worst parts of stagflationary hell on the average American (and therefore they should not cut rates), it appears the ‘Americans’ themselves are far less concerned.

This morning we heard Atlanta Fed President Raphael Bostic reiterate that there are reasons to be skeptical that the inflationary effects from tariffs will be temporary.

“This question about whether tariffs are a one-time thing, or whether they’re going to be more persistent in their effects and might even cause structural changes, I think is perhaps the most important question that we have today,” Bostic said Thursday during a virtual discussion organized by the Florida Institute of CFOs.

He further argued that the Trump administration’s aim in imposing tariffs is to reshape US supply chains. The structural changes that result, he said, also raise the risk of a persistent impact.

Governor Christopher Waller (who appears to be the front-runner to replace Powell) has argued the Fed can “look through” the inflation impact of tariffs as transitory.

Waller favored a quarter-point cut last week when his colleagues voted to hold rates steady.

According to the latest data from The New York Fed’s Sentiment Survey, Americans (on average) agree with Waller with households’ inflation expectations barely moving in July, and still below the levels pre-Liberation Day…

Compare NYFRB’s survey to that of UMich’s Democrats and one could be forgiven for believing there is a partisan nature to this farce…

Even more risible is the fact that all the underlying cohorts that affect everyday Americans are seeing price fears trend lower…

Furthermore, consumers expect smaller growth in their tax payments and are more optimistic about their household financial situations…

So, the next time The Fed tells you that they are worried about inflation expectations (and the knock on impact to consumer spending) – and that is what is holding them back from rate-cuts – perhaps ask them about their own data… and the fact that it shows no fear among Americans.

Authored by Steve Watson via Modernity.news,

Far left Marxists recently hosted an event in Chicago where a panel argued that the traditional family unit needs to be destroyed because it’s “inherently repressive and racist.”

Yes, really. This is what the left wants for America.

Libs of TikTok has the details of the event that was held last month by National Democratic Socialists of America.

A description of the event from their own materials reads as follows:

National Democratic Socialists of America hosted a panel in Chicago where they advocated for the ABOLITION of the family unit for being “inherently repressive and racist”.

They also want to destroy capitalism, promote sex work, and want more people ready for a “revolt.”

This is… pic.twitter.com/bwikaH8hVA

— Libs of TikTok (@libsoftiktok) August 4, 2025

A description of the event from their own materials reads as follows:

“How should the left relate to the family? Socialist analysis makes clear that the nuclear family form is an inherently repressive, racist, and hetereo-sexist institution that functionally reinforces and reproduces capitalism.”

They scream about abolishing families and worship Marx like he’s Taylor Swift.

Next up, a GoFundMe to replace parents with state-approved TikTok influencers.

— Emilia Henderson (@Emilia__writes) August 4, 2025

What on Earth is “hetereo-sexism” and why is it a bad thing?

Is that all? Nope.

“But what does this mean for our organizing, especially when the family form remains a potent organizing structure for many everyday people, and when the Right constantly positions itself as a party of “family values”?

Damn those evil fascists with their… “family values.”

Is a politics of family abolition in tension with a leftist family agenda focused on policies like universal preschool, child tax credits, and more?”

Yes. Clearly it is. What a stupid question.

So… They don’t want to abolish the family because it’s oppressive.
They want to abolish it because it competes with the State.

— The Undercurrent (@NotTheirScript) August 4, 2025

They want to destroy families so that you will have no support. No one to turn to, other than the State. It’s evil.

— VCampbell (@chaimbeuil) August 5, 2025

So, what’s the big deal here? It’s just a few whacked out extremists jabbering among each other right?

Well, no. This is fast becoming the mainstream wing of the Democratic Party.

The path of the current mainstream Democratic Party. You see it right here, folks.

— Nutty Squirrel (@NuttySquirrel_8) August 4, 2025

This is what Mamdani supports.

— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) August 4, 2025

According to Liz Warren they are now speaking for the Democrat Party as well.

— March Flowers 🎗️ (@Marchflowers916) August 4, 2025

As I posted a couple weeks ago, Communists and Socialists love to use “Democratic” in the title of their party/country. Since our own Dem party has moved so far left to now embrace such idealogies, the use of this term makes more sense than ever.

— Mooseman169 (@mooseman169) August 4, 2025

Socialism has worked so well in the past hasn’t it.

This is always the first step in a Marxist revolution. These fringe elements, who advocate for the destruction of key societal structures that spark the revolution, only realize they were just the first purge when the communists that take over eliminate them.

— Texfile (@Texfile) August 4, 2025

Make no mistake, these people represent the complete antithesis of America.

They want to abolish the family, legalize prostitution, tank the economy, and call it “progress.”

This isn’t a political movement, it’s a demolition crew with pronouns.

And they’re coming for everything that holds this country together.

— Crushing Woke Culture (@CrushWokeAgenda) August 4, 2025

*  *  *
Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Via VigilantFox.com

DNI Tulsi Gabbard just called out the mainstream press for going quiet on the newly declassified revelations that EXPOSE the full extent of the Russia Hoax. 

According to Gabbard, this silence is no coincidence. 

“I’m not surprised for a few reasons.”

“Primary of which, many of these mainstream media outlets were the ones who—John Brennan and his people, and James Clapper and his people, leaked to almost immediately after that, Obama-directed National Security Council meeting.”

“Weeks before that assessment was completed. And actually even before it had really begun being drafted.”

NEW: Tulsi Gabbard says she’s not surprised the media is SILENT on Russia Hoax bombshells—after all, they pushed the lie and WON Pulitzer Prizes for it.

DNI Tulsi Gabbard just called out the mainstream press for going quiet on the newly declassified revelations that EXPOSE the… pic.twitter.com/Wyqr6aC2cx

— The Vigilant Fox 🦊 (@VigilantFox) August 6, 2025

She said the media didn’t question a thing.

“In many cases, you know, they printed…these mainstream media outlets printed exactly what they were told to print, without any kind of vetting or like, hmmm…okay, was this always the assessment? Or can you give us any evidence that this is true?”

“None of it. Because it didn’t exist.”

“These are mainstream media outlets that went on to repeat and build up and really advance and propagate this lie that was created by President Obama and his administration and went on to win awards for it.”

Pulitzer Prizes….for lies.

US President Donald Trump will sign an executive order that could open the door for cryptocurrencies to be included in 401(k) retirement plans, potentially reshaping how Americans invest their savings.

The White House Press Office confirmed to Cointelegraph on Thursday that the order directs the US Labor Department to reevaluate restrictions around alternative assets in defined-contribution plans, including digital assets, private equity and real estate. 

A senior White House official said the order instructs the Secretary of Labor to clarify the department’s stance on alternative assets and provide guidance on fiduciary processes for offering these types of investments in retirement portfolios.

Trump will allow crypto exposure for $12.5 trillion 401(k) market

Once implemented, Cointelegraph’s Ezra Reguerra reports that the order could grant Americans access to digital assets through their 401(k) plans — part of a $12.5 trillion retirement market and a sought-after opportunity for crypto firms aiming to reach more retail investors.

The move would be a significant step forward for the crypto industry, which has long sought broader retail exposure and financial system legitimacy.

Despite institutional investors increasing crypto allocations, everyday savers have been restricted due to fiduciary risk, regulatory uncertainty and volatility concerns. 

The White House official said that Trump’s directive would call for inter-agency coordination with the US Treasury and the Securities and Exchange Commission (SEC) to explore rule changes that may support the adoption of alternative investments like crypto in retirement products. 

Bitcoin is rallying this morning on the report…

And yesterday saw a reversal of the recent outflows from ETFs…

Trump has final say on the executive order

On July 18, the Financial Times cited anonymous sources saying that the president is eyeing alternative investments like crypto assets for American 401(k) retirement plans.

In a previous statement to Cointelegraph, White House spokesman Kush Desai said that nothing should be deemed official unless it comes from Trump himself.

Desai said Trump is committed to restoring prosperity to everyday Americans and safeguarding their economic future. “No decisions should be deemed official, however, unless they come from President Trump himself,” Desai said. 

During a Bloomberg interview, US SEC Chair Paul Atkins said education on the risks associated with crypto as an investment is crucial.

Atkins said disclosure is key and that people should be made aware of what they are getting into. He added that he’s looking forward to what the president will do. 

Earlier this year, the Labor Department rescinded an earlier guidance for crypto in 401(k) plans. On May 28, the Labor Department revoked a 2022 guidance that urged fiduciaries to be “extremely cautious” when eyeing crypto for 401(k) retirement plans. 

The number of Americans filing for jobless benefits for the first time rose very modestly last week (from 219k to 226k) but remains basically unchanged for the last four years…

Continuing Claims jumped last week to its highest since Nov 2021…

But, the ‘Deep TriState’ region sees the trend of continuing claims keep rising (at its highest since Dec 2021)…

Source: Bloomberg

Of course, comparing initial jobless claims to the BLS’ payrolls print is ‘interesting’…

Source: Bloomberg

But if we zoom in, the relationship is tighter, BUT claims data suggests we will see significant UPWARD revisions for payrolls soon… that will be awkward for some!

Source: Bloomberg

The labor market data remains a ‘choose your own adventure’ playground for data-miners.