US Treasury secretary emerges as frontrunner for Trump’s AI czar role: Report
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US Treasury Secretary: There are no issues with the President's nearly $1.4 billion in crypto income.
According to Odaily Odaily, U.S. Treasury Secretary Scott Bessent stated in an interview with CBS News that the recently disclosed $1.4 billion in income earned by President Trump through crypto projects is not a problem for the president. Financial disclosures show that since the start of his second term, Trump has earned approximately $1.4 billion from crypto partnerships including Trump memecoin and World Liberty Financial. Congressional Democrats criticized the disclosure, arguing it created a conflict of interest as the current administration attempts to ease cryptocurrency regulations. White House spokeswoman Anna Kelly stated that there was no conflict of interest. Furthermore, Bessent expressed optimism about the U.S. economic outlook and noted that over 6 million Trump Accounts have been opened, a program designed to help minors improve their financial literacy by investing in the stock market. (cbsnews)
Trump: Treasury accepts stock donations to fund Trump's accounts
According to Odaily Odaily, US President Trump stated that the US Treasury will now accept charitable donations in the form of shares in highly liquid publicly traded companies to provide Trump Account funding to eligible American children. More than 6 million accounts had already applied for the Trump Account program before its official launch.
Trump's son-in-law Jared Kushner and US Presidential Envoy Joshua Witkov will attend the Iran meeting.
Odaily Odaily reports that White House Press Secretary Levitt stated that US Presidential Envoy Witkov and Trump's son-in-law Kushner will attend the Iran meeting. He emphasized that Iran should ideally reach a good agreement with the US, and technical negotiations will be held concurrently with high-level talks. Trump hopes the peace process can proceed smoothly and reserves the right to use military force if necessary. (Jinshi)
Trump: The United States launched a strong strike against Iran last night because it fired rockets at ships.
According to Odaily Odaily, US President Trump stated that the US launched a strong strike against Iran last night because Iran fired rockets at ships. In addition, Trump stated that the United States has long been "unfairly treated" within NATO, bearing a disproportionate share of the costs; Greenland is a major issue for the United States; and he has instructed Treasury Secretary Bessenter to terminate all trade with Spain, calling Spain a "bad partner" in NATO. (Jinshi)
Trump: FIFA wasn't told what to do; FIFA President Vantino is a smart man.
Odaily Odaily reports that US President Trump stated that he didn't tell FIFA what to do, and that FIFA President Vantino is a smart man who requested a review of Balogun's red card. FIFA made the right decision; the referee's decision on Balogun's red card was truly terrible. (Jinshi)
Before Musk could comment, SpaceX president donated 2 million shares, marking the largest corporate donation to the "Trump account."
According to Mars Finance, on July 6th, SpaceX President Gwyneth Shotwell announced on Monday that she and her husband will donate 2 million shares of SpaceX stock to the "Trump Account" program, one share each to over 2 million American children. Based on the current share price of approximately $160, this is worth about $320 million. This move comes just days after Trump publicly predicted that SpaceX would participate in the program. She stated that the donation will target children aged 11 to 17 from lower-income families, with a focus on recipients near her home in central Texas. Previously, Michael Dell and his wife pledged $6.25 billion, Micron Technology pledged $250 million, and BlackRock, Intel, JPMorgan Chase, and others pledged to match their donations at a rate of $1,000 each. Trump previously told CNBC that he expected Musk to also donate SpaceX stock, saying, "I think he will," but Musk has not yet publicly responded. Trump also said his relationship with Musk remained strong, describing the previous disagreements as "a minor friction."