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# Utah won't start investing in crypto...yet
- URL: https://utahpolitics.news/utah-wont-start-investing-in-crypto-yet/
- Published: 2025-03-14T13:42:33.000Z
- Updated: 2025-07-09T15:44:08.000Z
- Author: Bryan Schott

## Friday, March 14, 2025

## ⏰ Tick Tock

152 days to the 2025 municipal primary elections (8/12/2025)  
236 days until Election Day (11/4/2025)  
600 days until the 2026 midterm elections (11/3/2026)

## 👀 Here's what you need to know for Friday morning:

## Utah Headlines 

Allowing Utah's treasurer to invest rainy day funds in crypto won't happen this year. \[[Utah News Dispatch](https://utahnewsdispatch.com/2025/03/14/allowing-utahs-treasurer-to-invest-rainy-day-funds-in-crypto-wont-happen-this-year/?ref=utahpolitics.news)\]

Will Trump's budget cuts slash Medicaid coverage for Utahns? Rep. Kennedy, a physician, says no. \[[Tribune](https://www.sltrib.com/news/politics/2025/03/14/will-trumps-budget-cuts-slash/?ref=utahpolitics.news)\]

Bag checks at shelters and more policing on the street – Utah lawmakers dig in on homelessness. \[[Tribune](https://www.sltrib.com/news/2025/03/14/homelessness-how-new-utah-bills/?ref=utahpolitics.news)\]

Utah child advocate urges lawmakers to act on child welfare reform following failed bill. \[[KUTV](https://kutv.com/news/local/utah-child-advocate-urges-lawmakers-to-act-on-child-welfare-reform-following-failed-bill?ref=utahpolitics.news)\]

Utah Legislature cracks down on youth marriage amid polygamy lawsuits. \[[Deseret News](https://deseretnews-deseretnews-prod.web.arc-cdn.net/politics/2025/03/13/utah-legislature-passes-underage-marriage-law-to-prevent-polygamous-marriages/?ref=utahpolitics.news)\]

A $110 million grant to clean up Salt Lake City's air is on hold amid confusion over Trump's funding freeze. \[[Tribune](https://www.sltrib.com/news/environment/2025/03/14/slc-air-quality-cleanup-grant-hold/?ref=utahpolitics.news)\]

Utahns worried for future as federal judge orders reinstatement for laid-off employees. \[[Fox 13](https://www.fox13now.com/news/local-news/northern-utah/utahns-worried-for-future-as-federal-judge-orders-reinstatement-of-laid-off-employees?ref=utahpolitics.news)\]

Kane County leader decries alternative incorporation route, hopes for more efforts to halt it. \[[KSL](https://www.ksl.com/article/51274926/kane-county-leader-decries-alternative-incorporation-route-hopes-for-more-efforts-to-halt-it?ref=utahpolitics.news)\]

## National/International

Senate Democrats signal plans to advance GOP bill to avoid a government shutdown. \[[NPR](https://www.npr.org/2025/03/13/g-s1-53495/senate-democrats-funding-bill-government-shutdown?ref=utahpolitics.news)\]

- House Democrats are furious that their Senate counterparts plan to support the GOP government funding plan. \[[Punchbowl News](https://punchbowl.news/archive/31425-am/?ref=utahpolitics.news)\]

Congressional Republicans are eagerly turning their authority over to the Trump White House. \[[New York Times](https://www.nytimes.com/2025/03/14/us/politics/trump-republicans-congress-power.html?ref=utahpolitics.news)\]

The White House has asked the U.S. military to develop options for increasing troop presense in Panama to reach President Trump's goal of "reclaiming" the Panama Canal. \[[NBC News](https://www.nbcnews.com/politics/national-security/trump-white-house-asked-us-military-develop-options-panama-canal-offic-rcna195994?ref=utahpolitics.news)\]

President Donald Trump is expected to invoke a little-known 18th century law, giving himself sweeping authority to speed up his mass deportation pledge. \[[CNN](https://www.cnn.com/2025/03/13/politics/alien-enemies-act-deportation-consideration/index.html?ref=utahpolitics.news)\]

President Trump says he's getting "good signals" about Russia accepting a ceasefire in its war against Ukraine. \[[The Hill](https://thehill.com/homenews/administration/5193316-trump-russia-ceasefire-optimism/?ref=utahpolitics.news)\]

Classified intelligence reports conclude Russian President Vladimir Putin still intends to dominate Ukraine. \[[Washington Post](https://www.washingtonpost.com/national-security/2025/03/13/putin-trump-ukraine-russia-ceasefire/?ref=utahpolitics.news)\]

After his Department of Government Efficiency (DOGE) was dealt a series of setbacks in the courts, Elon Musk is calling for the impeachment of federal judges. \[[Daily Beast](https://www.thedailybeast.com/elon-musk-immediately-calls-for-judges-to-be-impeached-after-rulings-overturn-doge-firings/?via=twitter%5Fpage&ref=utahpolitics.news)\]

## Briefly...

Tesla reported zero federal income tax on $2 billion of income in 2024\. \[[ITEP](https://itep.org/tesla-reported-zero-federal-income-tax-in-2024/?ref=utahpolitics.news)\]

The price of gold reached above $3,000 per ounce for the first time ever. \[[Reuters](https://www.msn.com/en-us/money/other/safe-haven-gold-clears-3-000-for-the-first-time/ar-AA1AUtfT?ref=utahpolitics.news)\]

Newsmax paid $40 million to settle allegations it defamed Smartmatic by falsely claiming the voting machine company rigged the 2020 election for Joe Biden. \[[Reuters](https://www.msn.com/en-us/news/politics/newsmax-paid-40-million-to-settle-defamation-suit-over-us-2020-election-claims/ar-AA1ASKeA?ref=utahpolitics.news)\]