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US House narrowly approves procedural vote on Trump’s Big Beautiful bill
US House narrowly approves procedural vote on Trump’s Big Beautiful bill

Share link:In this post: President Trump claims “deficit cut in half” as House narrowly approves procedural vote on his sweeping tax and spending bill. The legislation includes $4.5 trillion in tax cuts, deep reductions to social programs, and a $5 trillion debt ceiling hike. House Republicans face internal divisions as debate begins, with Democrats calling the bill a betrayal of vulnerable Americans.

Cryptopolitan·2025/07/02 20:42
Flash
  • 22:59
    Trump Nominates Antoni as Next Bureau of Labor Statistics Director
    According to a report by Jinse Finance, U.S. President Donald Trump announced on Monday local time via the Truth Social platform that he has nominated economist Dr. E.J. Antoni to serve as the next Director of the Bureau of Labor Statistics. Trump stated, "Our economy is booming, and Dr. Antoni will ensure that the data released is truthful and accurate. I am confident that Dr. Antoni will excel in this new role. Congratulations, Dr. Antoni!" Recently, The Wall Street Journal reported that E.J. Antoni, as Chief Economist at The Heritage Foundation, has long questioned the Bureau's employment data methodology. The White House's consideration of appointing a well-known critic signals that Trump plans to implement significant reforms at the agency.
  • 22:47
    Safety Shot acquires 10% revenue rights of Bonk.fun, receives $25 million in BONK tokens
    According to Jinse Finance, Nasdaq-listed company Safety Shot (SHOT) has acquired a 10% revenue share in the Solana meme coin issuance platform Bonk.fun and received BONK tokens worth $25 million to bolster its corporate treasury. The transaction was completed through the issuance of preferred shares convertible into common stock. SHOT plans to reinvest approximately 90% of the future earnings from this revenue share back into BONK tokens.
  • 22:29
    There is an 85.9% probability that the Federal Reserve will cut interest rates in September
    According to CME "FedWatch" reported by Jinse Finance, there is a 14.1% probability that the Federal Reserve will keep interest rates unchanged in September, and an 85.9% probability of a 25 basis point rate cut. For October, there is a 5.2% probability that rates will remain unchanged, a 39.9% probability of a cumulative 25 basis point rate cut, and a 55.1% probability of a cumulative 50 basis point rate cut.
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