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LATEST: 🇺🇸 Tom Lee told CNBC his "contrarian take" is that Democrats will flip to support the CLARITY Act after the midterms.

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LATEST: 🇺🇸 Treasury Secretary Scott Bessent has emerged as the frontrunner for President Trump's AI czar role, per Semafor.

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LATEST: 🇺🇸 Treasury Secretary Scott Bessent says he is "confident" Fed Chair Kevin Warsh will "optimize the path for both inflation and economic growth" and that Trump has "complete confidence" in him.

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LATEST: 🇺🇸 Treasury Secretary Scott Bessent says US leadership in digital assets could reinforce the dollar's global dominance as tech strength grows more important to economic power.

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LATEST: 🇺🇸 Trump has said that Fed's interest rate policies are hurting the US "more than inflation is hurting our country."

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LATEST: 🇺🇸 Trump reportedly met with advisers on Friday to discuss ethics provisions in the CLARITY Act ahead of Tuesday' Senate procedural vote, per Politico.

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LATEST: 🇺🇸 Trump says he is forming an "AI Force" modeled on Space Force and will announce an AI "Czar," adding that AI could make up "possibly as much as 25% of our Country's GDP."

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LATEST: 🇺🇸 UBS Global Wealth Management expects the U.S. Fed to deliver 25 bp rate hikes in September and December 2026, vs prior forecast of no policy change.

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LATEST: 🇺🇸 Utah is suing Kalshi, calling it “the manager of a back-alley gambling den” and accusing it of a “brazen pattern of unlawful conduct.”

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LATEST: 🇺🇸 Visa's head of crypto Cuy Sheffield told CNBC the GENIUS Act was a "huge" turning point, with banks and payments companies now wanting to work with Visa on stablecoin solutions.

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LATEST: 🇺🇸 White House crypto adviser Patrick Witt called the CLARITY Act's failed vote "a major disappointment" and "a failure of American leadership" that risks ceding global financial standards away from the US.

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LATEST: 🇺🇸 White House crypto adviser Patrick Witt called the CLARITY Act's Senate defeat "a major disappointment" and says a revival this Congress depends on how November's midterm elections go.

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LATEST: 🇺🇸 White House crypto adviser Patrick Witt told Semafor that "we have the moment right now" to pass the CLARITY Act, warning it would be "a true shame" if it fails.

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LATEST: 🇺🇸 White House crypto advisor Patrick Witt urged all senators, Democrat and Republican, to vote on Sept. 15 to advance the CLARITY Act and continue the legislative process.

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LATEST: 🇺🇸 Wyoming has adopted Chainlink Proof of Reserve to give near-real-time onchain verification of the reserves backing its Frontier Stable Token.

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LATEST: 🇺🇸🇨🇳 The US and China are reportedly preparing to put AI safety on the agenda at the upcoming Trump-Xi summit, potentially opening a rare channel for dialogue despite their intensifying tech rivalry, according to Nikkei Asia.

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LATEST: 🇺🇸🇮🇷 Oil futures rose after the US struck three Iranian tankers in response to Tehran firing missiles at US Navy warships. WTI climbed 0.8% to $92.18, while Brent reached $96.82.

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LATEST: 🇺🇸🇮🇷 Tucker Carlson says US President Donald Trump may be days away from launching a nuclear strike on Iran under pressure from Israeli PM Netanyahu.

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LATEST: 🇺🇸🇺🇦 US envoys arrive in Kyiv, Ukraine for negotiations to end the war with Russia.

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LATEST: 🇺🇿 Uzbekistan has begun an initial 12-month pilot of HUMO, a stablecoin backed by government securities and pegged 1:1 to the Uzbek som, with more than 20 merchants set to participate.

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LATEST: 🇿🇦 South Africa is sending its draft crypto capital controls back to the drawing board, with Finance Minister Enoch Godongwana saying thousands of comments showed “a different approach” is needed. Godongwana says the country will shift away from prior approval toward a

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LATEST: 🤖 "Big Short" investor Steve Eisman told CNBC there is "no evidence at all that AI has achieved artificial general intelligence" and dismissed extinction fears as "nonsense."

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LATEST: 🤖 Anthropic alignment lead Evan Hubinger says AI has a greater than 10% chance of killing all humans within the next decade.

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LATEST: 🤖 Anthropic released Claude Fable 5.1, which scored 52.6% on a test of scientific research tasks, more than double Fable 5's 24.7%.

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