Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Trump Plans To Pardon Former Honduran President

Nabaparna Bhattacharya
November 29, 2025

President Donald Trump said he plans to pardon ex-Honduran President Juan Orlando Hernández, who is serving a lengthy U.S. sentence for drug-related crimes.

Trump announced the move on Friday and argued that Hernández received unfair treatment from prosecutors, according to the BBC.

Hernández, who led Honduras from 2014 through 2022, was found guilty in a New York courtroom last year on cocaine conspiracy and weapons counts.

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He is currently serving a 45-year term for assisting traffickers and enabling large-scale shipments into the United States, BBC reports.

Trump's Support For Conservative Candidate

Trump also backed Honduran presidential hopeful Nasry "Tito" Asfura ahead of Sunday's election.

Asfura, a former mayor of Tegucigalpa, leads the conservative National Party and faces a tight race with two other contenders.

Polls show a three-way contest involving Asfura, ruling party candidate Rixi Moncada, and television personality Salvador Nasralla.

Trump criticized both Moncada and Nasralla online, calling Nasralla "a borderline Communist" and claiming his candidacy could split opposition votes.

Regional Politics And Drug Policy

Asfura has attacked Venezuela's government during the campaign, echoing Trump's hard line against President Nicolás Maduro.

Nasralla has pledged to reverse Honduran ties with Caracas if he wins office.

U.S. authorities extradited Hernández in 2022 after accusing him of protecting violent traffickers and enabling massive cocaine movements over many years. A federal jury convicted him in 2024, concluding he used state power to aid cartel networks.

Castro Administration Maintains U.S. Cooperation

Honduras is currently led by President Xiomara Castro, a left-leaning figure aligned with Cuba and Venezuela.

Despite ideological differences, she has kept a longstanding extradition agreement with Washington and continues supporting joint efforts against organized crime.

U.S. Military Actions Raise Questions

The United States has expanded its Caribbean anti-narcotics operations under "Operation Southern Spear." U.S. forces have struck dozens of vessels suspected of smuggling since August, causing more than 80 deaths, according to defense officials.

Defense Secretary Pete Hegseth says the campaign aims to disrupt "narcoterrorists."

Legal analysts, however, say Washington has not released evidence proving the targeted boats carried drugs, prompting scrutiny of the operation's legitimacy.

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