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More info on IAF:
In 2024, ~45% of spend went to administrative overhead. Only ~55% went to the grants, which then have multiple additional layers of overhead.
Other grants which were cancelled during the process of reducing IAF to its statutory minimum:
- $523,000 for avocado marketing in Honduras
- $770,550 for cacao farming in Peru
- $1,509,200 for seed banks in Haiti and the Caribbean
- $630,725 for fruit marketing in Bolivia
- $303,000 for artisanal weaving in Mexico
- $198,280 for agro-tourism in Saint Lucia
Department of Government Efficiency@DOGE
The Inter-American Foundation, an agency whose primary action was to issue foreign grants ($60M budget), has been reduced to its statutory minimum (1 active employee). Examples of grants that were cancelled in the process: - $903,811 for alpaca farming in Peru - $364,500 to reduce social discrimination of recyclers in Bolivia - $813,210 for vegetable gardens in El Salvador - $323,633 to promote cultural understanding of Venezuelan migrants in Brazil - $731,105 to improve marketability of mushrooms and peas in Guatemala - $677,342 to expand fruit and jam sales in Honduras - $483,345 to improve artisanal salt production in Ecuador - $39,250 for beekeeping in Brazil
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BREAKING:🇺🇸 PRESIDENT TRUMP SIGNS EXECUTIVE ORDER CREATING A STRATEGIC $BTC RESERVE BASED ON SEIZED BITCOIN!
SHORT SUMMARY: — @DavidSacks
- Strategic Bitcoin Reserve: The Executive Order establishes a reserve of ~200,000 seized $BTC, with plans to acquire more through budget-neutral means, accompanied by a full audit of government-held digital assets.
- Digital Asset Stockpile: A separate stockpile will hold other cryptocurrencies (e.g., $XRP, $ADA, $ETH, $SOL), but the government won’t actively purchase more of these using public funds.
- Purpose and Management: The reserve focuses on $BTC as a store of value, while the stockpile ensures responsible stewardship of other digital assets under the @USTreasury.
“The government will not acquire additional assets for the Stockpile beyond those obtained through forfeiture proceedings.”
What are your thoughts on a $BTC Reserve?
Comment Below & Follow For More!! 👇👇
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Core Builder Session Ft. Bitcoin Derby x.com/i/broadcasts/1…
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🔔I don’t care if you are politically right or left.
I post crypto news.
But…
If you can't stand up and cheer for a kid with brain cancer being made an honorary member of the Secret Service then you need to take a deep look at yourself in the mirror about what kind of person you really are.
You all owe President Trump and that poor child’s family an apology.
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