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Trump to invoke wartime act on uranium, set to sign nuclear orders – Reuters
ByAinvest
Thursday, May 22, 2025 5:58 pm ET1min read
Trump to invoke wartime act on uranium, set to sign nuclear orders – Reuters
President Donald Trump is set to invoke a wartime authority to expedite the production of enriched uranium, according to Reuters. The move is part of a broader effort to bolster the U.S. nuclear arsenal, which has been a key focus of the administration. The decision comes amidst ongoing geopolitical tensions, including the ongoing conflict in Ukraine and the potential for further escalation.Trump is expected to sign executive orders related to nuclear production, which could significantly impact the energy sector and national security. The invocation of wartime authority allows the administration to bypass certain regulatory hurdles, potentially accelerating the timeline for uranium enrichment and other nuclear-related activities. This could have significant implications for the nuclear energy industry and the broader energy market.
The decision follows a series of high-stakes calls between Trump and Russian President Vladimir Putin, as well as Ukrainian President Volodymyr Zelensky. Despite ongoing negotiations, the conflict in Ukraine remains unresolved, with both sides maintaining their positions on key issues. Trump has expressed his desire to see a ceasefire and peace negotiations between Russia and Ukraine, but the situation remains tense [1].
In a separate development, the Senate voted 66-32 to advance first-of-its-kind legislation to regulate "stablecoins," a kind of cryptocurrency. The vote represents a rare bipartisan effort in the Senate for major legislation, but the Democratic caucus remained divided in its support for the bill [2].
Additionally, the Senate confirmed Charles Kushner as the US Ambassador to France, with a vote of 51-45. Kushner is a real estate developer whose son, Jared Kushner, is married to President Trump’s daughter, Ivanka Trump [3].
References:
[1] https://edition.cnn.com/politics/live-news/trump-presidency-news-05-19-25
[2] https://edition.cnn.com/2025/05/23/politics/senate-votes-stablecoins-legislation/index.html
[3] https://edition.cnn.com/2025/05/23/politics/senate-confirms-charles-kushner-us-ambassador-to-france/index.html
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