Tariffs and Trade - The US President has increased tariffs by approximately $167 billion, a 60% increase from before [2] - The market views the tariffs as a way to pressure the EU and China to finalize trade deals before deadlines [3] - The US government needs to be cautious about tariffs, as excessive tariffs, such as $700 billion previously, can lead to backlash [4] - The US aims to secure deals with major countries before August 1st [5] Liquidity and Crypto - Raising the debt ceiling reduces liquidity, prompting the Treasury to adjust its financing strategies [6] - Treasury is delaying refilling the Treasury General Account, changing supplemental leverage ratio rules, increasing buybacks, and issuing more T-bills [7] - Stable coin legislation could create an additional $800 billion in T-bill demand [7] - Bitcoin serves as a means to circumvent capital controls in certain countries [8]

What’s the point of a debt ceiling if we keep raising it? ...

Hitting the debt ceiling is the only thing that will actually force the government to cut waste and fraud.That’s why the debt ceiling legislation exists! ...

a Punch Bowl News co-founder and NBC News and MSNBC political contributor. Still a young man, so I don't think time is going quite as as fast for you, is it. Is it, Jake. It's it's mindboggling.I don't feel young. I don't feel young, but yeah, it's the end of June. Did Did you blink. Did you blink.Or maybe it rained a lot, but it's the end of So, what the point I'm getting to is uh it's a it's only 30 days in this month. July 4th is next week. Is this going to happen. Is this going to happen.You know, Mike ...