According to Odaily Planet Daily, Federal Reserve's Bostic stated that current policy is not highly restrictive and that one or two rate cuts might be enough to reach a neutral level. He previously predicted that there would be no rate cuts in 2026.

According to Odaily Planet Daily, Trump may have to abandon his punitive measures against Powell before the new Federal Reserve Chairman begins pushing for interest rate cuts. Trump's criminal charges against Powell have angered some of his allies in Congress and prompted a key Republican senator, Tillis, to vow to block all Fed nominations until the investigation is complete. Tillis remains firm on his position. Meanwhile, Trump has not backed down, even stating he is willing to wait until Tillis retires in January 2027 before allowing Warsh to be confirmed by the Senate.

Odaily Planet Daily reports that Trump posted: "I am working with House Speaker Johnson to get the funding agreement that passed the Senate last week through the House and onto my desk, where I will immediately sign it into law! We must get the government running again, and I want all Republicans and Democrats to join me in supporting this bill and getting it to my desk as quickly as possible, without delay. There can be no changes now. We will work together in good faith to address the issues raised, but there cannot be another long, pointless, and destructive shutdown that would severely damage our country—a shutdown that would not benefit Republicans or Democrats. I hope everyone will vote in favor."

According to sources familiar with the matter, Elon Musk plans to merge SpaceX with xAI, a move aimed at consolidating his increasingly ambitious strategic footprint in artificial intelligence and space exploration. The sources indicated the merger was announced via an internal memo on Monday. The merged company is expected to price its shares at approximately $527 each, valuing the company at $1.25 trillion. Neither SpaceX nor xAI has responded to inquiries. This move further intertwines Musk's various businesses. He acquired the social media platform Twitter (later renamed X) in late 2022, subsequently merging it with xAI for $33 billion. xAI also operates the chatbot Grok, spending approximately $1 billion per month on its goal of achieving a deep understanding of the universe. The merger with SpaceX will integrate funding, talent, and computing resources, while blurring the lines between the two companies. This merger may also realize Musk's vision of deploying data centers in space to support complex AI computing. According to documents filed last Friday, SpaceX is applying for permits for this plan, intending to launch up to 1 million satellites into Earth orbit.

According to Odaily, New York Attorney General Letitia James and four other state attorneys general recently sent a letter to several Democratic lawmakers criticizing the GENIUS Stablecoin Act, signed into law by President Trump last year, for significant flaws in consumer protection, particularly its failure to require stablecoin issuers to return stolen funds. The letter specifically names Tether (USDT) and Circle (USDC), arguing that these two stablecoin issuers can still generate interest income on stolen assets, while victims lack effective recourse. The New York prosecutors pointed out that while the act grants stablecoins greater "legitimacy," it fails to simultaneously strengthen key regulatory requirements such as counter-terrorism financing, anti-money laundering, and prevention of crypto fraud. The GENIUS Act is currently in its implementation phase, requiring stablecoins to be fully backed by US dollars or highly liquid assets and requiring annual audits of issuers with a market capitalization exceeding $50 billion. However, the New York prosecutors believe these measures are insufficient to address the widespread use of stablecoins in illicit financial transactions. According to Chainalysis data, approximately 84% of illicit crypto transactions in 2025 involved stablecoins, prompting New York to call for further strengthening of the regulatory framework to better protect consumer rights.