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Trump Jests at Fed Chair, Warns of US Bankruptcy

Enforcement of environmental laws under the Trump administration significantly declined, while the former president also joked about potentially suing his Federal Reserve chair nominee, according to multiple reports. Civil lawsuits filed by the US Department of Justice in cases referred by the Environmental Protection Agency plummeted by 76 percent in the first year of Trump's second term, compared to the first year of the Biden administration, according to a report from the Environmental Integrity Project, as reported by Ars Technica. Simultaneously, Tesla CEO Elon Musk warned of potential U.S. bankruptcy without the transformative impact of AI and robotics on the economy, as reported by Fortune.

The report from the Environmental Integrity Project, analyzed by Ars Technica, revealed that only 16 civil lawsuits were filed in the first 12 months after Trump's inauguration on January 20, 2025. This was a stark contrast to the 86 such cases filed during his first administration.

Meanwhile, Trump's remarks at a private dinner, as reported by Fortune, included a joke about suing his newly selected Federal Reserve chair nominee, Kevin Warsh, if he failed to lower interest rates. Treasury Secretary Scott Bessent stated it would be up to the president to decide whether or not to pursue such action. Trump later clarified the remarks were made in jest, calling it "all comedy." However, Senator Elizabeth Warren pressed Bessent on the remarks during a committee hearing.

In other news, an attorney's misuse of AI led to a judge terminating a case due to fake citations and "florid prose," according to Ars Technica. District Judge Katherine Polk Failla ruled that sanctions were warranted after the attorney repeatedly submitted filings with fabricated citations.

Additionally, MIT Technology Review reported on an experimental surgical procedure helping cancer survivors give birth. The procedure involves temporarily moving the uterus and ovaries during cancer treatment and then returning them to their original position. A team in Switzerland shared news of a baby boy born after his mother underwent the procedure.

Elon Musk, in an interview with Dwarkesh Patel alongside Stripe cofounder John Collison, expressed concern about the national debt and the need for AI and robotics to boost GDP growth, as reported by Fortune. Musk stated that without these technologies, the U.S. would be "totally screwed." He also mentioned his concerns about waste and fraud, despite reports of staffing cuts.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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