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News Block: $3.3T Deficit Warning, Bitcoin-Backed Mortgages, & Trump Pressures the Fed
Season 4
Episode 395
Published 8 months, 2 weeks ago
Description
In this week's episode of the Coin Stories News Block powered exclusively by Gemini, we cover these major headlines related to Bitcoin, macroeconomics, and global finance:
- CBO projects $3.3 trillion deficit spike from Trump's new spending bill
- Bitcoin and the American Dream of home ownership: Fannie Mae & Freddie Mac ordered to recognize Bitcoin in mortgage approvals
- Trump pushes for Fed rate cuts and continues to criticize Powell
- Bitcoin seen as a release valve for inflation and asset bubbles
- Billionaire regrets not buying Bitcoin sooner
- Strategy, Metaplanet and other corporations stack more Bitcoin
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---- References mentioned in the episode:
- Trump's Tax & Spending Bill Passes Key Senate Vote
- What's Inside Trump's One Big Beautiful Spending Bill?
- CBO Estimates Spending Bill Will Add $3.3 Trillion to Deficit
- CRFB's Estimates of the Senate's New Spending Bill
- Trump Would "Love" If Fed Chairman Jerome Powell Resigned
- S&P 500 Index and Nasdaq-100 Hit New All-Time Highs
- Mark Moss's Tweet On Bitcoin Absorbing the Inflation
- Nearly Half of U.S. Households Unable to Afford $250K Home
- Bitcoin Policy Institute Article on Bitcoin-backed MortgagesDirector Bill Pulte's Order to Consider Bitcoin an Eligible Asset
- FHFA Directs Fannie and Freddie to Explore Cryptocurrencies
- Gemini Launches Tokenized Shares, Starting with MSTR
- Philippe Laffont's Interview on CNBC on Bitcoi