🇺🇸 TODAY: Sen. Cynthia Lummis calls on the Senate to move forward with the CLARITY Act, highlighting that Democrats won 126 concessions and drafted over half of the 635-page legislation.

“Let’s vote yes. Let’s get this done.”

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🚨 BREAKING: The CLARITY Act falls short of the 60 votes required to move forward in the US Senate.

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🚨 BIG: Bitcoin briefly dipped below $75,000 but swiftly recovered, climbing back above $76,000.

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🚨 NOW: Sen. Cynthia Lummis criticized Democrats for prioritizing politics over consumers and American leadership in crypto, following the failure of the CLARITY Act to move forward.

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🤖 BREAKING: OpenAI CFO Sarah Friar says the company is ready to slow down frontier AI development—if experts conclude it's needed for safety. Learn more

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🇺🇸 BREAKING: Coinbase CEO Brian Armstrong says the crypto industry can no longer wait for Congress — the CLARITY Act has stalled. "Clarity will come to crypto, one way or another," he stresses. #CLARITYAct #CryptoRegulation

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🇺🇸🇨🇳 NEW: Nvidia CEO Jensen Huang is reportedly set to attend President Trump's state dinner honoring Chinese President Xi Jinping later this month in Washington.

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🔥 JUST IN: Deutsche Bank, with $1.7T in assets, is set to launch digital asset custody services for institutional and corporate clients across Europe this year. More details here. #Crypto #DeFi #Bitcoin #Blockchain #DigitalAssets

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🇬🇧 Now: UK inflation increased to 3.1% in August, up from 2.9% the previous month.

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🇺🇸 BREAKING: Payward, the company behind Kraken, plans to offer Hyperliquid perpetual futures to U.S. customers—pending regulatory approval. https://t.co/8vqZ7x0LHk

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🇺🇸 UPDATE: Bernstein anticipates "aggressive and swift" crypto regulations from the SEC and CFTC, as the CLARITY Act remains stalled in Congress.

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🔥 BREAKING: Ondo Finance has officially connected to DTCC’s Fund/SERV — the system powering over 85% of U.S. mutual fund transactions. Learn more #DeFi #Blockchain #Finance

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🇺🇸 BREAKING: Michael Selig says crypto regulation will move forward despite CLARITY’s setback: “The CFTC is locked in and ready to ship.”

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🚨 BREAKING: The House Ways and Means Committee has approved the Digital Asset Tax Certainty Act, moving forward a clearer, more predictable tax framework for cryptocurrency.

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🇺🇸 BREAKING: The Federal Reserve has increased interest rates by 25 basis points.

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🇺🇸 FED CHAIR WARSH: “I’m not going to prejudge what comes next.”

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FED CHAIR WARSH: Today’s decision was the right step to uphold price stability, rooted in the underlying strength of the U.S. economy.

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WARSH: “The economy is clearly on firmer ground. The underlying data reveals a stronger growth trend. Still, inflation remains the primary concern.”

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🇺🇸 SEPTEMBER FOMC SUMMARY:

• Economy strengthens, supported by steady consumer spending, business investment, and a near full-employment labor market

• Warsh says financial conditions aren’t restrictive—a view shared across the FOMC

• Rate hike aimed to remove “a dose of accommodation” and align policy with Fed goals

• Inflation remains “too high,” with summer data showing little improvement

• With job market strong, focus shifts clearly to restoring price stability

• Warsh avoids forward guidance, calls predicting policy from single data “dangerous”

• Unanimous decision driven by resilient growth, persistent inflation, and geopolitical risks

• Hike was independent—markets didn’t dictate the move

• Fed can hit inflation target without harming the labor market

#Fed #Inflation #MonetaryPolicy
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🚨 UPDATE: Today’s vote in the US House Financial Services Committee on a bill to create a federal Strategic Bitcoin Reserve has been postponed.

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🇺🇸 TRUMP: Interest rates in the U.S. should be at 1% or even lower — after all, America has the strongest credit rating in the world and is essentially supporting other countries.

“LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!”

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