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      Trump Was Already a Crypto Czar in 2024

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      Financial disclosures for 2024 filed by the president on Friday show that digital coins had already become one of his family’s most successful ventures.Donald J. Trump got a small taste last year of life as a cryptocurrency mogul. His stake in World Liberty Financial, the cryptocurrency firm that he unveiled during the presidential campaign, earned about $57 million, making it one of the Trump family’s most lucrative investments in 2024. And a licensing deal involving a related industry, NFT collectibles, produced another $1.2 million.Mr. Trump’s wife, Melania, contributed to the family income, receiving $217,000 in licensing fees related to a digital token.The results, detailed in Mr. Trump’s mandatory financial disclosure report for 2024 and released on Friday, previewed the crypto riches he is now poised to reap as president.Since Mr. Trump took office a second time this year, his crypto fortunes have skyrocketed through a series of business ventures that pose unprecedented conflicts of interest. Not only is Mr. Trump a major operator in the crypto industry, he is also its top policymaker — and a symbol of its rising stature in Washington.Even as the president seeks to deregulate and promote the industry, Mr. Trump’s personal net worth has soared through crypto.Though the information in the financial disclosure ends as of Dec. 31, 2024, World Liberty announced this year that it had sold more than a half-billion dollars’ worth of its coin, a significant portion of which the Trump family was entitled to. Separately, Mr. Trump developed a personal cryptocurrency known as $TRUMP, a memecoin launched days before his inauguration, that on paper could be worth billions of dollars.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Judge Reinstates Product Safety Regulators Fired by Trump

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      It’s the latest setback for President Trump in his effort to purge perceived political opponents from independent agencies.A federal judge in Maryland reversed President Trump’s firings of the three Democratic members of the five-member Consumer Product Safety Commission, which monitors the safety of products like toys, cribs and electronics.In the ruling, Judge Matthew J. Maddox of the Federal District Court in Maryland said that the law only allowed Mr. Trump to fire the officials for “neglect of duty or malfeasance,” while Mr. Trump had purported to fire them without cause.“Plaintiffs have performed ably in their roles,” Judge Maddox wrote, “and have never been accused of neglect of duty or malfeasance in office by either President Trump or President Biden.”It is the latest setback for Mr. Trump in his effort to purge perceived political opponents from independent agencies in the government, part of an assault on counterweights to his authority. Another federal judge ruled last month that Mr. Trump broke the law when he fired Democratic members of the Privacy and Civil Liberties Oversight Board, an independent civil liberties watchdog.The three Democratic members of the Consumer Product Safety Commission, Mary T. Boyle, Richard L. Trumka Jr. and Alexander Hoehn-Saric, said in separate statements after Mr. Trump moved to fire them that they had been targeted for votes they cast to stop the importing of poorly made lithium-ion batteries and objecting to staffing cuts.Ms. Boyle’s term as a commissioner ends in October, and Mr. Trump will be able to pick her replacement, granting him a Republican-controlled majority on the commission. More

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      Public Defender Is Charged With Smuggling THC-Laced Paper Into Rikers

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      Bernardo Caceres was at New York City’s jail complex to meet with a client when an envelope he had drew the attention of a Correction Department dog, officials said.A public defender has been charged with trying to smuggle contraband into the Rikers Island jail complex after, officials said, he brought papers to a client meeting that were laced with THC, the main psychoactive chemical compound in marijuana.The public defender, Bernardo Caceres of Queens Defenders, was arrested about 3 p.m. Wednesday at the complex’s Otis Bantum Correctional Center, a Correction Department spokeswoman and the correction officers’ union said on Friday.Mr. Caceres and a second lawyer were there to meet with a client being held on a burglary charge, a union spokesman said. The second lawyer was not affiliated with Queens Defenders.A yellow envelope Mr. Caceres had with him caught the attention of a Correction Department dog, the agency’s spokeswoman said. When an officer retrieved the envelope from the client and opened it, he found a stack of discolored legal-size paperwork, the spokeswoman said.Jail officials have said that such discoloration can indicate the presence of drugs, and the spokeswoman said testing had determined that over 130 sheets of the paper contained traces of THC. Mr. Caceres was arrested and charged with promoting prison contraband, officials said. The second lawyer was released after officers determined he did not know that the papers might contain drugs.A spokeswoman for the Bronx district attorney’s office said that Mr. Caceres had been issued a desk appearance ticket and that further testing was needed to confirm the Correction Department’s finding that the papers contained THC.It was unclear whether Mr. Caceres had a lawyer. The Queens Defenders, one of several organizations in the city that represent indigent clients under government contracts, did not immediately respond to a request for comment.The officers’ union has long argued that all mail coming into the city’s jails should be digitized and made available to detainees via electronic tablets to prevent paper from being used as a vehicle for smuggling. The Board of Correction, which has oversight of the city’s jails, considered such a change in 2023 but ultimately did not approve it.Benny Boscio Jr., the union’s president, said the episode on Wednesday underscored why a move to paperless mail was necessary. “Allowing paper documents to continue to enter our facility only compromises the safety of everyone in our jails,” Mr. Boscio said.The smuggling of contraband into the Rikers complex is a longstanding problem that has sometimes involved those who work there. Last year, for instance, several correction officers were charged with sneaking cellphones, oxycodone, marijuana, fentanyl and sheets of paper soaked in drugs into the complex.The arrest of Mr. Caceres, 30, came the same day that a founder of Queens Defenders, Lori Zeno, and her husband, Rashad Ruhani, were charged with wire fraud, money laundering conspiracy and theft of funds.The couple, prosecutors said, spent tens of thousands of dollars in organization funds on personal expenses, including a vacation in Bali, rent for a luxury apartment and teeth-whitening procedures. More

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      Trump’s Deployment of Troops to L.A. Protests Is a Do-Over of 2020

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      President Trump was talked out of deploying the military to crush the George Floyd protests in 2020. He always regretted it.In 2020, as racial justice protests swept through the country over the murder of George Floyd, President Trump was itching to deploy the military to crush the unrest. He was talked out of it by his top national security advisers, who feared that such a decision would be viewed as moving toward martial law.Five years later, as protests against his immigration policies began to swell in Los Angeles, Mr. Trump said he had learned his lesson.“I’ll never do that again,” Mr. Trump said on Thursday, about waiting to send in the National Guard in 2020. “If I see problems brewing,” he added, “I’m not going to wait two weeks.”With the Los Angeles protests, Mr. Trump has seized the chance to make up for his first-term regret.His decision to send in federal troops right away, taking the extraordinary step of deploying active-duty military to deal with domestic unrest, fits into the larger pattern of Mr. Trump operating without any significant pushback from the people around him in his second term.“He saw the military as his reactionary arm,” said Olivia Troye, a former homeland security official and aide to former Vice President Mike Pence. Ms. Troye said she witnessed multiple national security officials explain to Mr. Trump in 2020 that the military takes an oath to the Constitution — not Mr. Trump — and that it should not be turned against American citizens, even protesters.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Mamdani and Lander Will Cross-Endorse Each Other in N.Y.C. Mayor’s Race

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      Zohran Mamdani and Brad Lander, the two leading progressive candidates in the race, hope their partnership will help them leverage the ranked-choice voting system to defeat Andrew M. Cuomo.Zohran Mamdani and Brad Lander, the leading progressive candidates in the Democratic primary for mayor of New York City, will cross-endorse each other on Friday, creating a late-stage partnership designed to help one of them surpass former Gov. Andrew M. Cuomo in ranked-choice balloting.The candidates, who are second and third in the polls behind Mr. Cuomo, will encourage their supporters to rank them in the top two spots on their ballots. The city’s ranked-choice voting system allows primary voters to list up to five candidates in order of preference.If no candidate receives more than 50 percent of New Yorkers’ first-choice votes, ranked-choice tabulations will begin. When voters’ top choices are eliminated during that process, their support will get transferred to candidates who are lower on their ballots.The partnership, which is being announced one day before early voting begins, would effectively turn Mr. Mamdani, a state assemblyman, and Mr. Lander, the city comptroller, into something of a joint entry. They hope that one of them will eventually accumulate many of the other’s votes as a result.Mr. Mamdani, who has steadily risen in the polls and is running second behind Mr. Cuomo, said in a statement that at Thursday night’s debate, he and Mr. Lander had exposed Mr. Cuomo as “a relic of the broken politics of the past.”“I am proud to rank our principled and progressive comptroller No. 2 on my ballot because we are both fighting for a city every New Yorker can afford,” Mr. Mamdani said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      The Musical Mysteries Brian Wilson Left Behind

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      The Beach Boys mastermind has been the subject of pop scholarship and major boxed sets, but some corners of his oeuvre remain unreleased.Though Brian Wilson was one of pop’s most studied artists, he largely remained an enigma. The Beach Boys leader, whose death at 82 was announced this week, made music for the masses with an artisan’s eye for detail. While his biography was well known, questions about what drove him to the top of the charts — and ultimately deep into darkness — could never definitively be answered.Since the start of the CD era, Wilson’s legacy has been burnished by a series of deep-dive archival efforts, including the 1993 “Good Vibrations” boxed set, the revelatory “Pet Sounds Sessions” collection from 1996, a series of early 2000s reissues focused on the band’s Brother label years, and ultimately the holy grail: the release of his abandoned mid-60s masterwork, “Smile,” in 2011.“Everything Brian created is worth hearing and it all has a kind of historical value in terms of understanding his life,” said David Leaf, the Beach Boys historian who published “Smile: The Rise, Fall & Resurrection of Brian Wilson” this spring.In more recent years, that effort has continued with sets focused on the Beach Boys’ overlooked and often deceptively strange 1970s work. “These projects continue to come out with all this new and unheard material,” said the author Peter Ames Carlin, who wrote a 2006 biography of Wilson, “Catch a Wave.” “It’s a testament to just how creative and prolific Brian was — despite the many ups and downs of his life.”Even with the consistent release of music from the vaults, there are fascinating corners of Wilson’s oeuvre that have yet to see the light of day. Here’s a rundown.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Former L.A.P.D. Chief: Deploying Troops Was a Profound Mistake

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      Over the past week, President Trump has deployed more military troops to the streets of Los Angeles than there are stationed in Iraq and Syria. The president has warned that if protests break out in other cities, he’ll send troops to “attack” with even greater force. “You’ll have them all over the country,” he said.That would be a mistake. Deploying soldiers to any American city isn’t just at odds with the principles of our democracy. It’s tactically unsound. Let me be clear: I admire the honorable men and women who serve in our military. But they are not the right tool for this mission — certainly not under these conditions and not without first exhausting the substantial civilian resources already in place.I speak from experience. Over the course of more than 40 years with the Los Angeles Police Department — including nearly six as chief of police — I’ve seen what works and what doesn’t in times of civil unrest. I was an officer during the 1992 Los Angeles riots, when federal troops were last deployed to our streets. I witnessed the confusion and the risks created by sending soldiers trained for combat into a civilian environment. Even basic commands like “cover me” were misunderstood — interpreted by troops as calls for gunfire rather than tactical positioning. Whereas police officers are taught to use time, distance and de-escalation, soldiers are trained to apply overwhelming force.There is no question that serious unrest and violence have occurred in parts of downtown Los Angeles. Attacks on buildings and threats to public safety must be taken seriously. But this is not an insurrection. These incidents are localized, and local law enforcement agencies are fully capable of addressing them.California’s emergency response infrastructure is among the most advanced in the country. Its emergency management system and mutual aid plan allow it to request help from neighboring law enforcement agencies, the California Highway Patrol and, when needed, the California National Guard. I have overseen the activation of these systems in response to both natural disasters and overwhelming disorder. They work — and they are rooted in principles of local control, coordination and public accountability. Deploying federal troops undermines all three.The roles of the military and law enforcement are fundamentally distinct. Police officers are trained to protect constitutional rights, use measured force and remain accountable to civilian oversight. They operate within a legal framework grounded in probable cause and community trust. The military, by contrast, is designed for combat operations under a chain of command that originates in Washington. Military training, equipment and tactics are optimized for warfare — not for safeguarding civil liberties or managing peaceful protest.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      In its latest attack on Iran, Israel’s allies voice less support and more concern.

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      The last time Israel and Iran traded attacks, Israel received strong support from many allies.Britain and the United States provided backup for Israel in the form of fighter jets, refueling planes and air defense systems. Neighboring Jordan confirmed it had shot down Iranian missiles and drones. Some Mideast states allowed Israel to transit their airspace.This time around, after an audacious wave of attacks that targeted nuclear facilities and military leaders, there was less understanding and more concern.Some European allies worried that Israel was ratcheting up a military conflict with Iran after eight months of simmering tensions but no overt warfare.“Escalation serves no one in the region,” Prime Minister Keir Starmer of Britain said, while the European Union’s chief diplomat, Kaja Kallas, called the situation “dangerous.”Those remarks followed a growing chorus of European condemnation of Israel over the past few months for escalating the war in Gaza after a cease-fire collapsed in mid-March, and for holding back humanitarian aid as the population in the enclave edges closer to the brink of starvation.The tepid support from some countries that traditionally are among Israel’s strongest allies reflected what Ellie Geranmayeh, a senior Middle East policy expert at the European Council on Foreign Relations, called an “unprecedented” and “unprovoked” attack against Iran that risked “an active war scenario between the two countries.”Some of the sharpest condemnation on Friday came from countries in the region. Egypt, which has a longstanding peace treaty with Israel, called the latest Israeli strikes a violation of international law and “a direct threat to regional and international peace and security.”Turkey accused Israel of resorting to military force instead of diplomacy to resolve tensions.Still, a number of important allies stood behind Israel and expressed mounting frustration with Iran’s advancing nuclear program. And should Iran launch a powerful counterattack against Israel, allies could still come to the country’s defense militarily.President Trump told CNN that “we of course support Israel,” and called the strikes “a very successful attack.” He urged Iran to limit its nuclear activities “before it will be too late for them.”President Emmanuel Macron of France, who has recently sparred with Israel over its ongoing war in Gaza and the limiting of humanitarian aid to hungry and desperate Palestinians , said Israel has a “right to protect itself and ensure its security.”Germany’s chancellor, Friedrich Merz, said Iran has refused to abide by agreements to limit its nuclear program and added that Tehran “poses a serious threat to the entire region, especially to the State of Israel.”Daniel B. Shapiro, who was a deputy assistant secretary of defense for the Middle East during the Biden administration, said the fact the United States did not participate in the attack “does not mean the United States won’t assist in Israel’s defense. It will.” More