🇺🇸 TREASURY SECRETARY JUST CALLED BITCOIN & CRYPTO “THE MOST IMPORTANT PHENOMENON IN THE WORLD” | Kyle Chassé / DD🐸 på Binance Square

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Kyle Chassé / DD🐸

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🇺🇸 TREASURY SECRETARY JUST CALLED BITCOIN & CRYPTO “THE MOST IMPORTANT PHENOMENON IN THE WORLD”

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Kyle Chassé / DD🐸

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🚨SOMETHING’S BREAKING IN THE U.S. ECONOMY… BUT NO ONE’S TALKING ABOUT IT Consumer spending, the backbone of the economy, is quietly collapsing. What’s really going on behind the headlines? Retail sales fell -0.9% in May... 2nd-largest drop since March 2023 It’s the 2nd straight monthly decline Biggest drops in building materials, gas, and motor vehicles Restaurants & bars saw their worst hit since Feb 2023 Inflation-adjusted retail sales are -2.5% below April 2022 peak Americans are falling behind... they can’t outspend inflation anymore What happens when the spending finally stops?

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🚨 LATEST: On next steps for the GENIUS Act in the House, a GOP aide said: “Chairman Hill has made it clear... stablecoin and market structure bills go hand in hand. Both are essential for real consumer protection. We’re committed to working with colleagues to pass the strongest digital asset legislation yet.”

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