The Federal Reserve’s July meeting minutes show staff expect real GDP growth through 2027 to align with prior forecasts, while unemployment is projected to exceed the natural rate by end-2025 and remain elevated. Some participants noted that payment stablecoin usage may rise following the GENIUS Act, boosting demand for assets like U.S. Treasuries. https://t.co/nlgD9SBwbP ...

BREAKING: 🇺🇸Treasury Secretary Scott Bessent claims that "implementing the GENIUS ACT is essential to securing American leadership in digital assets."He also added that "stablecoins will expand dollar access for billion across the globe and lead to a surge in demand for U.S. Treasuries." ...

RT Lorenzo Valente (@LorenzoARK)Tether just dropped its Q2 2025 attestation$157B USD₮ in circulation (+$20B YTD)$4.9B Q2 net profit / $5.7B YTD$127B+ in U.S. Treasuries (among the world’s largest holders)$5.47B equity buffer@Tether_to and @circle are on track to eclipse Norway’s entire US Tbill holdings in the coming months. ...

Move over, sovereign nations.Tether becomes the 18th largest holder of U.S. Treasuries.Jake (@immutablejacob):Tether just surpassed South Korea to become the 18th largest holder of U.S. Treasuries https://t.co/mWU2tmWEUe ...

So far, though, it looks like we're going to boost deficits up to 7%. And you ran on this three, three, three plan. 3% deficit, 3% economic growth and 3 million barrels of oil, an increase of 3 million barrels of oil a day in the U.S..Do you expect to get to that by the end of President Trump's term. I do, and I'm not sure where the 7% number is coming from. Right.Because I reject the CBO scoring. But on the other side, the CBO also scored terrible income at 2.8% trillion. So, you know that that's substanti ...

🚨 LATEST: Treasury Secretary Bessent says stablecoin legislation could be finalized by mid-July, and expects it to boost demand for U.S. Treasuries. https://t.co/pgcA87aJmi ...

Inflation & Economic Policy - The administration believes its policies are driving down inflation by boosting the economy's supply side, enabling firms to produce more efficiently [1][2] - Concerns exist that companies may hesitate to pass on tariff-related costs due to fears of reduced consumer demand, potentially impacting economic growth and bottom lines [3] - The theory of tax incentives suggests the more inflexible party bears the tariff burden, with American consumers potentially changing consumption patterns [4][5] Trade & Tariffs - Firms can adjust supply chains, sourcing from countries with favorable trade deals, to avoid tariffs [6][7] - Tariffs aim to encourage countries to lower barriers to US products, creating more balanced trade and offering alternative markets [21] - Reciprocal tariffs remain a negotiating tool, potentially implemented if trade negotiations don't progress [19][22] - The president intends to use tariffs to incentivize countries to advance negotiations and make concessions, fostering a fair trade environment [24] Fiscal Policy & Deficit - The administration asserts it takes the deficit seriously and has a plan to reduce it through tax relief, deregulation, energy abundance, and trade renegotiation, aiming for 3% GDP growth [12][13] - Increased GDP growth, tariff revenues, and supply-side expansion are expected to contribute to deficit reduction [13] - Incentives like full expensing of equipment, R&D, and new factories are designed to stimulate investment in America, expanding productive capacity and keeping inflation low [8][9][10] - The administration anticipates deficit reduction through better economic growth, tariff revenue, reduced interest expenses, and cuts to waste, fraud, and abuse [16] - The administration projects 3 to 4 percentage points of GDP worth of deficit reduction, not fully reflected in the CBO score [15]