📢 Breaking News — August 7, 2025
🇺🇸 Trump's New Moves:
President Donald Trump to announce a new head of the Bureau of Labor Statistics (BLS) and a new Federal Reserve Board member this week.
Trump slammed Senator Elizabeth Warren, calling her a “loser” in response to her anti-crypto stance.
Trump also stated tariffs on Indian exports to the U.S. will increase significantly.
🇺🇸 Crypto Regulation & Policy:
The CFTC has launched a plan to enable spot crypto trading on federally licensed exchanges.
The White House is preparing an executive order to penalize banks that discriminate against crypto firms and conservative groups.
🏦 Goldman Sachs expects the Federal Reserve to start cutting interest rates in September, which could trigger a crypto market rally. 📈
🇨🇦 Coinbase now allows Canadian users to buy/sell crypto using PayPal.
🤖 OpenAI officially released its first open-source AI model, named GPT-OSS.
🇺🇸 The SEC announced that liquid staking activities in crypto are not considered securities.
🇺🇸 Trump revealed that four candidates are under consideration to replace Jerome Powell as Fed Chair.
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