PANews, December 2nd news: The White House of the United States: President Trump will host a Cabinet meeting at 11:30 AM Eastern Time on Tuesday (0:30 AM Beijing time the next day); and will announce at 2:00 PM (3:00 AM Beijing time the next day).

According to ChainCatcher news and Bloomberg reports, Fed senior banking regulator Michelle Bowman plans to announce on Tuesday at a House Financial Services Committee hearing that she will work to establish new regulatory rules for banks and stablecoins. This initiative aims to ensure healthy competition among Wall Street TradFi institutions, fintech companies, and Crypto Assets firms. In her prepared remarks, Bowman emphasized that regulators have a duty to encourage innovation in a responsible manner while continually enhancing their ability to oversee the safety and soundness risks that innovation may bring.

According to a report by Jinse Finance, data from the American prediction market platform Kalshi shows that the probability of White House National Economic Council Director Hassett being elected as the Fed Chairman has risen from 55% a week ago to 78%.

BlockBeats news, on December 1, reported by WSJ, stocks and crypto assets related to President Trump are deeply mired in a downturn, causing significant losses for some of his most loyal supporters. The price of DJT, under Trump's name, has fallen 75% since he took office. The digital "meme coins" named after Trump and First Lady Melania have dropped 86% and 99%, respectively, since inauguration day. The crypto project World Liberty Financial, under the Trump family, has also seen a decrease of about 40% since its launch in September. Stocks and digital currencies directly associated with the president or his family have suffered heavy losses, reflecting a general pullback in the entire overvalued and highly speculative market (including Bitcoin and AI leaders like CoreWeave). The market originally expected the new administration to promote deregulation, tax cuts and...

PANews, November 30 news, according to Jin10 reports, Hassett, the director of the White House National Economic Council, stated that if President Trump nominates him for the Fed chair, he "would be very willing to serve."

PANews, November 28 - According to a report released recently by the Democratic Party of the House Judiciary Committee, President Trump and his family profited over $800 million through a cryptocurrency project in the first half of 2025 by colluding with foreign powers and corporate interests. Their total assets increased to $11.6 billion, while they also disbanded regulatory agencies, interfered in investigations, and pardoned involved financiers, which is suspected of serious corruption and conflicts of interest.

The chief Democrat of the U.S. House Judiciary Committee released a report accusing Trump of abusing encryption policies for his family's interests, stating that his pro-encryption stance resulted in hundreds of millions of dollars in revenue and that he has financial ties with foreign investors, indicating unprecedented corruption.

According to ChainCatcher news and CriptoNoticias reports, the Sumar party in the Spanish Parliament has submitted an amendment to the House of Representatives aimed at modifying three tax laws to strengthen the taxation of Crypto Assets. The proposal suggests incorporating the gains from non-financial tool type crypto assets into the general tax base for personal income tax, with a maximum tax rate of 47%, compared to the current upper limit of 30% for savings tax base. At the same time, it stipulates that such gains be taxed at a rate of 30% under corporate income tax. The proposal also requires the Spanish National Securities Market Commission (CNMV) to create a risk rating system for crypto assets, which must be displayed on investment platforms. In addition, the amendment includes all crypto assets in the scope of assets that can be seized, expanding the previous regulations that only applied to assets within the EU MiCA regulatory framework.

PANews reported on November 26 that, according to the New York Post, San Francisco police and informed sources revealed that a tech investor who had previously dated OpenAI CEO Sam Altman was the victim of an armed robbery on the evening of November 22, during which $11 million worth of Crypto Assets were stolen. At the time of the incident, the robber disguised as a UPS delivery person entered the victim's residence on Doran Street with a white package box. Surveillance footage showed the robber brandishing a gun to coerce the victim into handing over electronic devices after the victim opened the door. The robber then tied up the victim and stole the Crypto Assets from the victim's phone and laptop. According to informants, the suspect tortured the victim after binding him, beating him while on a hands-free call, during which a foreign-accented voice on the other end continuously recited the victim's personal information. After receiving the emergency call that evening, the police found the victim with minor injuries and are currently tracing the path of the Digital Money transferred by the robber through the stolen devices. It is reported that the 31-year-old house...

November 26 news, reports say that as the selection process for the new chair of the Fed enters its final weeks, White House National Economic Council Director Kevin Hassett is seen by Trump’s advisors and allies as the frontrunner for the next Fed chair. However, insiders also point out that Trump is known for making surprising personnel and policy decisions, so nominations cannot be considered final until publicly announced. The selection of the Fed chair and board members has traditionally been the most direct way for a president to influence the Fed. During Trump’s first term, he nominated the current chair Jerome Powell, but Trump deeply regretted that decision when Powell did not cut rates at the pace he expected. Hassett is viewed as being highly aligned with Trump’s economic views, including the assertion that rates need to be dropped. In an interview on November 20, he stated that if he were to serve as Fed chair, "I would drop rates now," because "the data suggests we should do this."

BlockBeats news, on November 25, although Trump will not appear on the ballot for next November's midterm elections, he is fully committed with a do-or-die attitude because this election is crucial to his presidential term and political life. According to nine Republican strategists involved in the election, he is calling candidates, endorsing them early, formulating strategies, and pushing economic messages in an attempt to keep Congress in Republican hands. "Presidents usually start acting late in the campaign," said Bill Galston, a former senior advisor in the White House under Democratic President Bill Clinton, "Such engagement at this stage is extremely rare." Six Republican insiders told Reuters that Trump wants party candidates to use his tax cut plan as the campaign theme. The plan was introduced in July by the Republicans.

The White House in the United States has launched the "Genesis Mission" plan, aimed at accelerating scientific research progress through artificial intelligence. This initiative will integrate federal research resources to promote breakthroughs in areas such as medicine and energy, while also opening datasets to foster innovation and collaboration.

A police report seen by the San Francisco Chronicle reveals that last Saturday morning, a man posing as a delivery person armed himself and robbed a San Francisco homeowner of $11 million in Crypto Assets. He first drew his gun and then bound the victim with tape. The suspect used the identity of a delivery person to enter the house, then brandished a weapon, controlled the homeowner, and forced them to hand over the Crypto Assets wallet credentials, as well as a laptop and a mobile phone.

Golden Finance reported that White House economic advisor Hassett: The new leadership of the Fed may be expected to cut interest rates, and Trump may interview Fed candidates in the coming months. We may determine the Fed chair candidate around the New Year.

PANews, November 22 news, according to Jin10 reports, the White House is preparing alternative tariff plans before the court ruling.

The White House is preparing to respond to potential personnel changes by Trump after the anniversary of his term, which may affect the stability of the cabinet, particularly with possible adjustments in the Department of Homeland Security and the Department of Energy. The White House Press Secretary stated that there will be no changes in the cabinet.

Bitcoin is heading towards its worst monthly performance since 2022, with Placeholder partner Chris Burniske warning that the decline has just begun. Chris Burniske believes, "The DAT dumping phase has only just started; just as we rose, we will also fall." Alliance DAO co-founder QwQiao predicts that the next round of Bear Market needs to fall another 50% to establish a solid foundation. On Friday, Bitcoin fell by as much as 6.4% to $81,629, with prices in November down about 23%, marking the largest monthly decline since June 2022. Despite the White House's supportive stance on cryptocurrency and a surge in institutional users, Bitcoin's price has plummeted over 30% from the historic high reached in early October, with a single-day liquidation amount reaching up to $1.9 billion, exceeding the losses caused by the COVID-19 market crash and the FTX collapse.

The White House announced that Trump has modified the tariffs on certain agricultural products from Brazil, deciding to cancel the 40% additional ad valorem tariff on certain products, with the adjustments to take effect after November 13. This modification comes after initial progress in negotiations with the Brazilian government.

The Argentine House of Representatives investigation committee released a report accusing President Milei of providing key collaboration for the Libra project, resulting in a loss of $107 million. The report associates KIP Protocol, suggesting that the government is evading regulation. Milei denies the accusations and is currently undergoing a judicial investigation with the founder of Libra.

Foresight News reports that, according to The Verge, Trump is considering signing an executive order as early as November 21. This executive order would grant the federal government unilateral authority to regulate artificial intelligence, including the establishment of a "Special Task Force on AI Litigation" supervised by the Attorney General, with members including White House Crypto Assets and AI Director David Sacks. Its sole responsibility would be to challenge state laws on artificial intelligence. The task force would have the authority to sue state governments identified as obstructing the development of the artificial intelligence industry.

Golden Finance reports, US President Trump: I really want to fire Powell, he is extremely incompetent, spending $4 billion to build a building, while my new White House banquet hall project costs much less and is larger. The current Interest Rate is too high, we should sue Powell over the construction costs of the Fed.

Odaily News The director of the National Economic Council of the White House, Hassett, stated that inflation is now "more controllable," but has not been completely resolved, after previously losing control over inflation. (Jin10)

Golden Finance reports that Kevin Hassett, Director of the National Economic Council at the White House, stated that the unemployment rate is slightly above the equilibrium level.

Odaily News According to market news: The White House has nominated Stuart Levenbach to lead the Consumer Financial Protection Bureau (CFPB). (Jin10)

Golden Finance reports, Politico: The White House is set to announce a major new peace protocol reached with Russia. Officials say the protocol will ultimately end the ongoing three-and-a-half-year Russo-Ukrainian conflict. A senior White House official revealed that parties are expected to reach an agreement on the framework to end the conflict by the end of this month, and even "as soon as this week" it could be finalized.

BlockBeats news, on November 19, according to Fox News, Musk appeared at the White House to attend a state dinner hosted by President Trump for the Crown Prince of Saudi Arabia. Additionally, soccer star Cristiano Ronaldo also attended the dinner. Trump stated that he introduced football legend C. Ronaldo to his son Barron at the White House tonight, which earned him his son's favor.

The U.S. Senate and House of Representatives passed a bill successively, requiring the release of documents related to the Epstein case, which Trump expressed support for. The Democrats and Republicans accused each other of being connected to high-profile figures in the Epstein case, including Trump and Clinton.

Odaily News Trump stated that he believes he has identified his choice for the next Fed chair, while claiming that someone is preventing him from firing the current Central Bank leader Powell. Trump told reporters: "I think I know my choice." However, he did not specify who the candidate was. U.S. Treasury Secretary Becerra stated that he has narrowed down the contenders to current Fed governors Waller and Bowman, former Fed governor Warsh, White House National Economic Council director Hassett, and BlackRock executive Riedel. Trump said: "We have some surprising names, and some conventional names that everyone is talking about. We might go the conventional route. It's nice to occasionally walk the politically correct path." Becerra had previously stated that he plans to submit recommendations to Trump after the Thanksgiving holiday. The next Fed chair will have to maintain a cautious balance: catering to Trump's desire for low interest rates while also sustaining investment.

According to a report by Golden Finance, a Reuters/Ipsos poll shows that Trump's support rate has fallen to 38%, the lowest level since his return to the White House, due to Americans' dissatisfaction with his handling of the cost of living and the investigation into Epstein. The four-day poll, which concluded on Monday, also shows signs of weakening Trump’s control over the Republican Party. At the beginning of his second term, 47% of Americans approved of him. The nine-point drop since January brings his overall support rate close to the low point of his first term and near the lowest level achieved by his Democratic predecessor, Biden. Biden's support rate had fallen to as low as 35%, while Trump's support rate during his first term had dropped to 33%. Only 26% of Americans say Trump is doing a good job managing the cost of living, down from 29% earlier this month.

PANews reported on November 18 that according to Elephant News, Chen Zhizeng, the chairman of the "太子集团" in Cambodia, attempted to obtain long-term residency by establishing a company in Japan and purchased a luxury house in a high-end residential area in Tokyo. In recent years, the "太子集团" has established three related companies in Japan, including the consulting firm Prince Japan founded in 2023, the real estate company Canopy Sands Development Japan Co. founded in 2024, and a company set up by Chen Zhizeng himself in 2022. These companies have held seminars to promote high-end real estate projects in Cambodia, suspected of using criminal proceeds for development and laundering money through sales. According to reports, Chen Zhi's initial residence was registered near the headquarters of the Prince Group in Phnom Penh, Cambodia, and was changed in 2024 to a luxury apartment in Minato, Tokyo. It is reported that the apartment covers an area of over 150 square meters, monthly

ChainCatcher news, the White House is currently reviewing the proposed rules submitted by the U.S. Department of the Treasury that would allow the U.S. to join the international Crypto Assets Reporting Framework (CARF). Once approved and implemented, this framework will enable the IRS to automatically access transaction information of U.S. citizens' overseas cryptocurrency accounts to combat international tax evasion. CARF is a global protocol created by the Organisation for Economic Co-operation and Development (OECD) in 2022, aimed at enhancing the transparency of Crypto Assets transactions through automatic information exchange among member countries. Advisors to President Trump had previously released a report recommending that the U.S. adopt CARF, stating that it would prevent U.S. taxpayers from transferring digital assets to overseas digital asset exchanges and promote the development of the U.S. digital asset market. CARF has been adopted by most G7 member countries and major crypto hubs such as Singapore and the UAE.

Odaily News The White House is currently reviewing a policy that would allow the IRS to view citizens' offshore crypto assets, joining an international crypto data sharing alliance. (DECRYPT)

According to Golden Finance, Crypto In America reports that Senate staff are racing against the clock to finalize the market structure legislation draft before Thanksgiving. Senate Agriculture Committee Chair John Boozman (Republican, Arkansas) stated he is committed to achieving this timeline and noted that the government shutdown has delayed his original plan to review the bill this week. House Banking Committee Chairman Tim Scott (Republican, South Carolina) originally planned to complete the review of the banking bill by the end of September, but he has not yet indicated when the draft portion under his committee's jurisdiction will be submitted for a vote. The text of the draft has not been made public since it became a bipartisan product after last month's bipartisan roundtable discussions on Capitol Hill, and it is still unclear whether it will be released before the Thanksgiving holiday. The draft leaves several key gaps, including how to regulate decentralized finance (DeFi), and the content in parentheses.

Trump recently changed his stance, calling on House Republicans to vote to require the Justice Department to release documents related to Epstein, stating that "there is nothing to hide." He emphasized that the House Oversight Committee should obtain all information, whereas previously he and the White House opposed releasing more documents.

On November 14, American economists expressed concerns that the inflation and unemployment data for October might be permanently lost due to the government shutdown. Chief Economic Advisor Hassett confirmed that the unemployment rate will not be published, but the estimates for job creation will still be calculated. It remains unclear whether the Consumer Price Index will be released.

On November 14, U.S. President Trump hosted a dinner at the White House for Wall Street executives, including top officials from JPMorgan and BlackRock. The dinner discussed affordability issues in the United States, particularly related to mortgage topics.

BlockBeats news, on November 14, European financial stability officials are discussing whether to create an alternative funding support mechanism to the Fed, which would centralize the dollars held by central banks outside of the United States. Under the Trump administration, central banks have been trying to reduce their dependence on the U.S. The related mechanism of the Fed provides dollar loans to other central banks, acting as a lifeline during times of market pressure to ensure global financial stability. Interviews with more than a dozen European central bank and regulatory officials reveal their concerns that these mechanisms could be "weaponized" by the Trump administration. European officials' concerns rose around April but subsequently decreased due to the assurances from the Fed. The practice of centralizing dollars faces practical difficulties and may not be feasible. White House spokesman stated that Trump has "repeatedly reaffirmed his commitment to maintaining the strength and influence of the dollar." (Jin10)

Odaily News Citigroup economists pointed out that despite warnings from the White House, the CPI and employment data for October may still be released in the coming days. The government shutdown has disrupted data collection, but Citigroup stated that statistical agencies can ask retrospective questions in household employment surveys and use more estimation methods in inflation metrics. However, the CPI data for October may be "less accurate than usual." Citigroup economists expect that labor market data will remain weak, prompting the Fed to cut interest rates in December, January, and March. (Jin10)

According to Golden Finance, Kevin Hassett, the director of the National Economic Council at the White House, stated that he sees not many reasons for not lowering interest rates.

Golden Finance reports that White House National Economic Council Chairman Hassett stated: We will receive half of the employment report. The employment report will be released, but the unemployment rate will not be disclosed.

According to ChainCatcher news and Jin10 reports, the dollar exchange rate fell on Thursday as traders remained cautious about the potential weak performance of data after the U.S. government reopens. The House passed a temporary funding bill to end the government shutdown, which was signed into law by Trump, allowing official data to be released again. Kristoffer Kjaer, head of forex and interest rate strategy at Danske Bank, pointed out that before the Fed's rate decision in December, up to three employment reports and two inflation data may be released, and the dollar is expected to rebound, prompting the Fed to abandon interest rate cuts in December.

BlockBeats news, on November 13, U.S. President Trump signed a temporary funding bill, officially ending the longest government shutdown in U.S. history, which lasted six weeks. The bill will fund the federal government until January 30, 2026, avoiding the risk of a short-term economic shutdown. However, the White House warned that the October non-farm payroll and CPI reports may be permanently missing due to the shutdown, leaving the Fed in a "blind flight" state regarding whether to further cut interest rates in December. Currently, the market generally expects U.S. Treasury yields to remain on a downward trend, while the dollar index is under short-term pressure. For the crypto market, this "information vacuum period" created by the policy and data disconnect will lead capital to prefer avoiding the uncertainties of TradFi assets. Bitcoin (BTC) briefly rose to $102,177 after the news was announced, with the short-term support level at $101,325, and the pressure zone concentrated.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, TRUMP (OFFICIAL TRUMP) is currently priced at $7.71, rising 0.80% in the last 24 hours, with a high of $9.50 and a low of $7.31. The 24-hour volume reached $693 million. The current market capitalization is approximately $1.543 billion, an increase of $12.3 million compared to yesterday. Important news about TRUMP recently: 1️⃣ **Trump Actively Promotes Ending Government Shutdown** The U.S. government shutdown is about to end, with the House of Representatives set to vote on a bill to approve the end of the shutdown as early as this Wednesday. Trump has repeatedly called for an end to the shutdown, stating "It seems we are very close to ending the government shutdown." The government restart will help restore normal economic order, providing T

BlockBeats news, on November 13, the White House released a video on its X platform, mocking the Democrats' government shutdown plan led by Temu Obama and Chuck Schumer as a complete failure. The caption read, "Democrat government shutdown, rest in peace. October 1, 2025 – November 12, 2025."

BlockBeats News, November 13th, local time Wednesday, the U.S. House of Representatives voted to pass a funding bill that allocates funds for food assistance programs during the shutdown, back pay for hundreds of thousands of federal employees, and restores normal operations of the air traffic control system. The bill was approved in the House by a vote of 222 to 209, and the record-breaking 43-day U.S. federal government shutdown is about to officially end, although the two parties continue to dispute over federal healthcare subsidies. The bill will be sent to President Trump for signature. The House passed the bill on Wednesday, and despite fierce opposition from Democrats, Trump's support largely maintained Republican unity. What angered Democrats was that their colleagues in the Senate initiated a prolonged standoff that failed to reach an agreement to extend federal Medicaid subsidies. The Senate had previously passed this bill, and despite mutual accusations between the two parties, it seems that neither side has

PANews November 13 report: According to Jintiao, the U.S. House of Representatives passed a bill to end the government shutdown with 222 votes in favor and 209 votes against.

BlockBeats 消息，11 月 13 日，白宫新闻秘书莱维特表示，9 月份劳工统计局数据将在政府重新开放后发布。此前消息，白宫表示，10 月非农与通胀数据可能永远不会公布。