presidential

Trump's pressure on the bank, however, breaks with Washington tradition in recent decades of presidential deference to the Fed.

Newsom, a prominent Democrat and possible presidential candidate in 2028, filed a lawsuit challenging Trump's authority to impose the levies, which have caused disruption to global markets and trade.

Bolsonaro has been ordered to stand trial after charges that he directed an alleged right-wing coup attempt after he lost the 2022 presidential election to the left-wing President Lula da Silva.

"Heavy losses for the nation," wrote presidential spokesman Serge Nonvignon in a Facebook post on Wednesday.

Shortly after returning to the White House this year, Trump signed an executive order to create a presidential working group tasked with proposing new crypto laws and regulations.