🇺🇸 LUMMIS: "I believe we will get a vote on the CLARITY Act before August recess."

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🚨 UPDATE: Gold surged to a six-week high above $4,200 on strong Chinese demand while Bitcoin remained stuck near $64,000, even as the S&P 500 hit another record.

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⚡️ LATEST: Meta has launched its first AI coding agent, Muse Code, as it expands its AI offerings to compete with Anthropic and OpenAI.

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🇺🇸 LATEST: Fed Governor Lisa Cook said she is prepared to support higher interest rates if inflation fails to keep slowing.

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🇨🇳 BIG: China has imposed sanctions on six U.S. entities and tightened export controls on drones to the U.S. in retaliation for recent American trade restrictions.

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🇺🇸 JUST IN: Sen. Tillis says the White House is now engaging on the bipartisan ethics text he and Sen. Gallego sent last week, per Punchbowl's Brendan Pedersen.

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🇷🇺 LATEST: Russia's President Putin has signed Russia's first comprehensive law regulating crypto exchanges, digital depositories, and digital asset custody, per TASS.

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🇺🇸 JUST IN: President Trump has been calling Fed Chair Kevin Warsh repeatedly for counsel on issues like the Iran war and AI's economic impact, WSJ reports.

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