🇨🇳 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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🇬🇧 NEW: Coinbase launches 24/5 trading for nearly 4,000 US stocks in the UK.

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🚨 TODAY: More than 900 million SpaceX shares unlock.

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🇺🇸 JUST IN: 41% of Americans earning between $300,000 and $500,000 a year say they’re living paycheck to paycheck, according to Goldman Sachs.

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🇺🇸 JUST IN: The bipartisan ethics proposal tied to the Clarity Act could let Trump defer capital gains taxes by forcing him to divest his crypto holdings, Bloomberg reports.

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🇺🇸 JUST IN: Senate Majority Leader John Thune has confirmed the Clarity Act vote is being pushed back to September, according to Politico.

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