Donald Trump raked in more than $1bn from his crypto businesses last year, a federal filing released Monday shows, giving a substantial boost to his annual income.

In his second term, the president and his family have heavily invested in digital money and various crypto businesses with Trump announcing at the start of 2025 that he wanted the US to be the “crypto capital of the world”. Trump’s crypto earnings are in addition to profit from his legal settlements, real estate and royalty deals.

Many of the president’s crypto ventures were mere startups when he took the oath of office, but now have eclipsed in revenue much of his vast property portfolio that took decades to accumulate. This rise has been fueled by billionaire investors and Trump’s move to quash a federal crackdown on the industry.

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The US supreme court will consider whether bans on AR-15 rifles and similar semiautomatic firearms are constitutional.

The justices said on Tuesday they will hear appeals challenging bans in Connecticut and the Chicago area in the next term.

The high court’s announcement comes on the heels of two recent victories for second amendment attorneys and advocates. On 18 July the court sided with a Texas man and prospective gun owner who argued that policies that bar marijuana users from ownership violate the second amendment. The following week, the court’s conservative majority struck down a Hawaii law that prohibits people from bringing a gun on to private property without the consent of the property’s owner.

The upcoming cases are the court’s latest steps toward clarifying the doctrine set in place by the 2022 Bruen decision, which requires gun laws to pass a “history and tradition test”, said Hayley Lawrence, the executive director of the Center for Firearms Law at Duke Law School.

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Melat Kiros, a 29-year-old democratic socialist and first-time candidate, ousted Democratic Rep. Diana DeGette of Colorado in a primary challenge on Tuesday.

DeGette, a 15-term incumbent first elected in 1996, is the second member of Congress to lose her seat to a younger democratic socialist challenger after Darializa Avila Chevalier unseated Rep. Adriano Espaillait, the chair of the Congressional Hispanic Caucus, in New York's 13th District last week.

Chevalier's and Kiros' challenges came amid widespread discontent and frustration among Democratic voters with party leadership in the wake of President Donald Trump's election. Both Espaillat and DeGette are longtime progressives whom their opponents cast as representatives of a failing Democratic establishment beholden to corporate interests. Chevalier and Kiros both also have a history of pro-Palestine activism and made opposing Israel's war in Gaza central to their campaigns.

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The White House awarded a no-bid contract worth up to $500 million for the construction of the East Wing ballroom, with President Donald Trump being directly involved in negotiating some costs, The Washington Post reported, citing a copy of the agreement, related correspondence and records it had obtained.

The contract, awarded to Virginia-based Clark Construction, was ⁠routed ⁠through the Executive Residence, an office that is exempt ​from rules requiring federal agencies to seek competitive bids and make contract details public, according to the June 30 report.

USA TODAY has not seen the agreement. Neither the White House nor Clark Construction immediately responded to USA TODAY’s request for comment.

The project is one of many undertaken by the president as he looks to remake the White House and Washington, D.C., including the Triumphal Arch, rehabilitating the Lincoln Memorial Reflecting Pool and Lafayette Square Park. Many of these projects have drawn criticism for a variety of reasons, including not seeking congressional approval and awarding no-bid contracts.  An analysis of federal contract data by USA TODAY found that 20 days before Trump first announced the renovation of the reflecting pool, the government had already committed $8.5 million to fix the pool even though the president said it would cost $2 million.

The company charged a ⁠3% profit for its early work on the East Wing, and subsequently projected that it would receive a total of $65 million in combined profit, overhead and daily rates for on-site staff and other costs, according to the new report.

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