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Trump 2nd term live updates: Trump defends tariffs, declines comment on Ukraine aid

Trump said tariffs will be the "greatest thing we've ever done as a country."

Last Updated: March 9, 2025, 8:31 PM EDT

President Donald Trump is defending his decision to pause some tariffs to Canada and Mexico for another month -- a notable reversal after imposing historic levies on the key U.S. trading partners earlier this week, causing markets to tumble.

On Friday, Trump signed more executive orders at the White House before he convened a first-ever cryptocurrency summit with industry leaders.

Mar 08, 2025, 1:54 PM EST

Trump pushes Republicans to pass short-term funding bill

Trump urged congressional Republicans on Saturday to support and vote for the short-term government funding bill released earlier by House GOP leaders.

President Donald Trump waves as he boards Air Force One at Joint Base Andrews in Maryland, on March 7, 2025.
Roberto Schmidt/AFP via Getty Images

"All Republicans should vote (Please!) YES next week. Great things are coming for America, and I am asking you all to give us a few months to get us through to September so we can continue to put the Country’s 'financial house' in order," Trump wrote in a post on Truth Social.

Trump said Republicans must "remain united," adding that Democrats will "do anything they can to shut down our Government, and we can’t let that happen."

-ABC News' Lauren Peller

Mar 08, 2025, 11:39 AM EST

Trump to limit eligibility to Public Service Loan Forgiveness program

President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program, the White House said, with a focus of barring those who work for nonprofit organizations engaging in "lawbreaking activities."

"A lot of these people work for NGO organizations, for nonprofit organizations, that engage in illegal or what we would consider to be improper activities," White House staff secretary Will Scharf said. "For example, illegal immigration or foreign terrorist organizations or otherwise lawbreaking activities."

President Donald Trump holds a signed executive order as he speaks in the Oval Office of the White House in Washington, D.C., March 7, 2025.
Evelyn Hockstein, Pool via AP

The Public Service Loan Forgiveness program, signed into law in 2007 by then-President George W. Bush, forgives the remaining balance for eligible borrowers after 10 years of payments while working full time in the federal, state or local government, including the military, or for a nonprofit.

-ABC News' Fritz Farrow

Mar 07, 2025, 8:32 PM EST

Trump names Fox News hosts Laura Ingraham, Maria Bartiromo to Kennedy Center board

President Donald Trump on Friday night announced he was naming Fox News hosts Laura Ingraham and Maria Bartiromo to the Kennedy Center board, a month after he terminated its chair and several members.

PHOTO: Laura Ingraham delivers a speech on the third day of the Republican National Convention, July 20, 2016, in Cleveland. Maria Bartiromo attends The Hollywood Reporter's 5th Annual 35 Most Powerful People in New York Media, April 6, 2016, in New York.
Laura Ingraham delivers a speech on the third day of the Republican National Convention, July 20, 2016, at the Quicken Loans Arena in Cleveland. Maria Bartiromo attends The Hollywood Reporter's 5th Annual 35 Most Powerful People in New York Media, April 6, 2016, in New York.
Alex Wong/Getty Images | Dimitrios Kambouris/Getty Images

"I am thrilled to announce that Laura Ingraham and Maria Bartiromo will be joining our Kennedy Center Board - This completes our selection," Trump wrote on his social media platform. “We look forward to restoring the Center to Greatness, and ushering in America’s Golden Age. Together, we will Make the Arts Great Again!”

Several performers have stepped down from the board, like Shonda Rhimes, or canceled their scheduled appearances at the center, citing Trump's takeover. The producer of Broadway hit "Hamilton" announced on Wednesday the play's 2026 run at the Kennedy Center was canceled.

Mar 07, 2025, 7:43 PM EST

Trump trumpets plan to create 'virtual Fort Knox' during crypto summit

President Donald Trump held a crypto summit at the White House on Friday where he trumpeted his executive order that aims to create a strategic bitcoin reserve he called a "digital Fort Knox."

"Last year, I promised to make America the bitcoin superpower of the world and the crypto capital of the planet, and we're taking historic action to deliver on that promise as you know around the table," Trump said.

President Donald Trump speaks alongside Treasury Secretary Scott Bessent (L) and White House Crypto Czar David Sacks at the The White House Digital Assets Summit at the White House, on March 7, 2025, in Washington, D.C.
Anna Moneymaker/Getty Images

The reserve will be made up of bitcoin obtained via criminal or civil asset forfeiture proceedings.

“From this day on, America will follow the rule that every bitcoin knows very well: Never sell your bitcoin,” Trump added, after criticizing the administration of former President Joe Biden. "And that's a little phrase that they have. I don't know if that's right or not. Who the hell knows?”

Trump vowed that the treasury and commerce departments will pursue additional avenues to acquire bitcoin "provided it's done at no cost to the taxpayers. We don't want any cost to the taxpayers."

-ABC News' Fritz Farrow

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