The White House warned staffers not to bet on prediction markets about the war, citing the criminal misuse of non-public information.
A White House report argues against banning stablecoin yield, stating banks would lose only $2.1B in deposits from a $12T lending base, destroying far more consumer value.
Krystal notes the oil industry reacted with alarm to Iran's new tolls and payment demands, feeling ignored by the White House on a situation previously promised to be resolved.
A White House Council of Economic Advisors analysis found banning stablecoin rewards would boost community bank lending by only 0.026%, contradicting banking lobby warnings of catastrophic deposit losses.
The White House claimed Israel agreed to the ceasefire terms, but Israel's statement only expressed support for Trump's decision without clear enthusiasm.
The SEC's crypto safe harbor proposal, which would allow projects to launch without immediate registration, is now at the White House's OIRA for review before publication.