Trump is considering an unconventional midterm strategy after his top political advisers met at a private Capitol Hill Club to discuss campaign plans. According to the Wall Street Journal, a key component involves sending Cabinet secretaries to competitive districts. Former President Joe Biden press secretary Jen Psaki sarcastically endorsed the idea, calling it "phenomenal." She criticized Vice President JD Vance as a potential surrogate, noting his awkward demeanor and history of being booed at public events, including the Olympics opening ceremony in Milan. Psaki also mocked Health and Human Services Secretary RFK Jr., highlighting an official HHS video featuring him and musician Kid Rock exercising in a sauna, cold plunging in jeans, and drinking whole milk in a hot tub. She characterized these Cabinet members as ineffective campaign surrogates for reaching voters in competitive districts.
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Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more