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US President Trump entrusts Besant with the responsibility of addressing high borrowing costs, inflation, and government debt

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US President Trump has entrusted Treasury Secretary Besson with the responsibility of addressing high borrowing costs, inflation caused by rising oil prices, and government debt issues. A senior government official who has worked with Besson stated that the burden of the President's entire economic policy agenda lies on the shoulders of the Treasury Secretary. (Source: The Wall Street Journal)

24/7 Flashes

Today 2026-10-07

01:57

BTC falls below the $85000 mark

OKX-BTC/USDT is currently trading at $84824.90, with a 5-minute drop of 0.49%. Please pay attention to market fluctuations.

01:56

Bitmine increases its holdings of 12500 ETH through BitGo

Tom Lee's company Bitmine increased its holdings of 12500 ETH worth approximately $33.65 million through BitGo.

01:54

Lambda plans to raise $4 billion before its IPO, with a valuation of $14.5 billion

Cloud service provider Lambda plans to raise up to $4 billion in its final round of funding before its initial public offering, led by Blackstone Group and Coatue. This round of funding values Lambda at $14.5 billion.

01:46

US House of Representatives proposes to prohibit candidates from betting on their own elections, and the bill cannot be reviewed before the 2026 midterm elections

North Carolina Congressman Don Davis has proposed the "Prohibition of Voting on Your Own Election Act," which aims to prohibit federal election candidates, campaign teams, their spouses, and children from buying, selling, or holding political contracts related to their own elections. Violators face a maximum civil fine of $10000 or confiscation of three times their potential profits. The bill cannot be reviewed before the 2026 midterm elections.

01:37

Startale Japan launches its first digital corporate bond with JPYSC payment for principal and interest

Startale Japan Co. Ltd. has launched a digital corporate bond, with interest and principal paid in Japanese yen stablecoin JPYSC. This bond is aimed at individual and corporate investors in Japan. JPYSC is issued and managed by SBI Shinsei Trust Bank, with SBI VC Trade serving as the issuing trustee and Startale Group providing underlying technology. Startale Group CEO Chuang Watanabe stated that the bond tests the application of JPYSC in actual interest and principal payments. (Source: Bitcoin.com News)