🇺🇸 TODAY: Senate Majority Leader Thune files cloture on Kevin Warsh's nomination to serve as Federal Reserve Chairman for a four-year term.

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🇺🇸 NEW: Senate Banking Committee Chair Tim Scott says he expects the CLARITY Act to reach the President's desk this summer.

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🇨🇳 NEW: A Chinese court rules it is illegal for companies to fire employees and replace them with AI purely to cut costs.

The landmark ruling came after a tech worker was dismissed when his role was taken over by a large language model, per Xinhua.

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🔥 LATEST: Pentagon completes agreements with OpenAI, Google, SpaceX, Microsoft, Amazon, Nvidia, and Reflection AI to deploy AI models in classified systems.

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🇧🇷 NEW: Brazil central bank bans crypto use in regulated cross border payment settlements.

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🇺🇸 LATEST: SEC Chair Paul Atkins said his first year focused on restoring trust, clarity, and investor protection at the agency, with further reforms still ahead.

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⚡️ JUST IN: The Ethereum Foundation sold 10,000 $ETH via OTC at an average price of $2,292.15, with Bitmine as the counterparty.

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🔥 BIG: GameStop ($GME) is preparing an offer to acquire eBay, per WSJ.

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