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According to Jinshi Data, foreign media cited two informed sources reporting that senior officials in the White House are discussing whether to ask Secretary of Commerce Gina Raimondo to resign. Raimondo has recently faced increasing criticism, and her performance in office and related regulatory controversies have raised questions among congressional members.The report stated that the relevant criticism had emerged before NVIDIA CEO Jensen Huang announced his resignation. A White House official stated that Trump still fully trusts Raimondo and her capabilities in office. The White House has not yet made a formal response regarding Raimondo's future.

According to Bitcoin.com News, former White House cryptocurrency advisor Patrick Witt stated that President Trump still intends to purchase Bitcoin for the United States' strategic Bitcoin reserve, but public market purchases face serious legal issues. Witt mentioned in the What Bitcoin Did podcast that the president is interested in this, and there have been many discussions related to it. An executive order from March 2025 established the reserve, gathering Bitcoin seized by the government, and instructed the Treasury and Commerce Departments to seek "budget-neutral" acquisition strategies, but no such strategies have been made public, nor has any public market purchase been announced.Witt indicated that due to Congress controlling federal spending, the "legitimacy" of direct public market purchases is in doubt. He also noted that concerns over purchases prompted Congress to include provisions in the National Defense Authorization Act prohibiting such actions, and he is working to push for permission and authorization for it. Witt pointed out that making the reserve permanent is more difficult, as passing a standalone bill in a divided Congress would be extremely challenging, and without legislation, the reserve would rely on executive orders, which future presidents could revoke.

Minnesota Republican Congressman Tom Emmer was elected House Republican Whip after the midterm elections, securing the second-highest leadership position in the party. According to Politico, he defeated Texas Congressman August Pfluger in a closed-door vote of 103 to 76. Emmer previously served as the House Republican Majority Whip and will continue to be the number two in the party under the incoming Minority Leader Jim Jordan. The Democrats will take control of Congress in January next year.As Whip, Emmer will be responsible for rallying Republican votes, coordinating the party's legislative strategy, and maintaining party unity on key bills. Emmer has been a leading voice for the Republican Party on congressional digital asset issues. In March 2025, he announced the formation of a bipartisan Congressional Crypto Caucus with Congressman Ritchie Torres, aimed at garnering support for legislation on digital assets such as stablecoins and market structure.He is also the original co-sponsor of the CLARITY Act and introduced the Blockchain Regulatory Certainty Act, which aims to clarify that blockchain developers and infrastructure providers who do not control customer funds are not considered money transmitters under federal law. Republican Senator Cynthia Lummis stated on X that Tom is one of the most steadfast advocates for digital assets in Congress, leading the fight against government-controlled CBDCs and speaking out for American innovators.

According to ABC News, Republican members of the U.S. House of Representatives are considering issuing a subpoena to Nvidia (NVDA.O) CEO Jensen Huang.

The New York Federal Reserve report shows that the proportion of loans overdue by at least 30 days in the United States has risen to 5%, up from 4.7% in the second quarter. The total household debt increased by 1.8% quarter-on-quarter, reaching $19.1 trillion.The proportion of mortgages overdue by more than 90 days has risen to 1.13%, the highest level since 2018. The balance of home equity lines of credit increased by $23 billion, the largest increase since 2005.

The development team Sigma Prime of the Ethereum consensus client Lighthouse has released a high-priority security update and recommends node operators to complete the upgrade as soon as possible. The official statement indicates that specific details of the vulnerability will be disclosed after operators have had sufficient time to complete the upgrade.This update does not introduce any disruptive changes. Lighthouse is one of the mainstream clients of the Ethereum consensus layer, developed and maintained by the Sigma Prime team.

The lower house of the Polish Parliament passed a bill to expand the scope of national sanctions, which intends to allow the Minister of the Interior to freeze cryptocurrency assets without a prior court order. The bill is still pending review by the Senate and approval by the President.

According to Axios, White House Deputy Chief of Staff Richard Walters will leave the Trump administration. He is the first senior official to depart in a round of personnel adjustments expected as new White House Chief of Staff Stephen Miller prepares to take over the staff team. As a close confidant of outgoing White House Chief of Staff Susie Wiles, Walters' departure signifies that the power transition within the West Wing is underway.As Miller's team prepares to take on more significant roles, the internal personnel landscape of the White House will also change. Walters is one of Wiles' closest political aides, and their collaborative relationship has lasted over a decade. Sources indicate that Walters submitted his resignation on Friday, and after friendly negotiations between the two parties, it was decided that he would leave.

The Chief Executive Officer of the Ultimate Fighting Championship (UFC), Dana White, stated that he plans to meet with President Trump on Monday to discuss Trump's invitation for him to take over as the next White House Press Secretary. Trump posted on social media on Saturday that he had offered this position to White, but it is currently unclear whether the UFC leader will accept the invitation.When asked about this possibility, White said at a UFC press conference, "I already have a lot of work to do." A person closely associated with UFC officials revealed that Trump had previously offered this position to White. Trump's social media post indicates that he is preparing for the intense political battles that may arise in the next two years after the Republican Party faced a comprehensive defeat in the midterm elections. He stated that he needs this UFC leader and his team "to help us fend off the crazy left."

According to official news from Gold House, the parent company of the social platform Gold House has reached a strategic cooperation with the Canadian MSB licensed company LUMINOUS FINANCE LIMITED. The two parties will collaborate on digital currency exchange, fiat currency exchange channels, cross-border fund transfers, and merchant payment settlement, exploring the application of digital assets in global payment and commercial settlement scenarios.This cooperation will combine the resources of both parties in the digital asset ecosystem, financial services, and related compliance businesses, improving Gold House's business layout in the field of digital asset payment and settlement, and providing users and merchants with more digital asset settlement service solutions.

According to the U.S. Department of Homeland Security, an illegal immigrant from Venezuela was arrested by Secret Service personnel near the White House on Thursday evening. The Secret Service approached the individual after noticing suspicious behavior in a vehicle on Constitution Avenue in Washington, and the suspect claimed that voices in his head instructed him to go to Washington to assassinate President Trump, admitting that he had weapons in the car.The Department of Homeland Security stated that the vehicle had previously been reported stolen. After a search, three firearms and dozens of rounds of ammunition were found, including an AR-15 style rifle and two handguns. The suspect, named Ronny Yordrix Guanipa Chrinos, entered the U.S. through Texas in March 2024 and had previously been arrested by U.S. Border Patrol but was released into the country during the Biden administration.U.S. Immigration and Customs Enforcement has submitted a detention request to the Federal Bureau of Prisons for the suspect currently in custody. Charges include carrying a rifle outside of a residence or business, illegal transportation of firearms, possession of unregistered firearms and ammunition, unauthorized use of a motor vehicle, theft, and possession of stolen property. Secret Service Director Sean Curran stated that the personnel relied on their training to defuse a situation that posed an imminent threat to their protectee and other citizens.

Crypto journalist Eleanor Terrett posted on the X platform that former House Financial Services Committee Chairman Patrick McHenry stated that the cryptocurrency industry missed the best opportunity to promote market structure legislation and establish a regulatory framework; he also admitted that he bears some responsibility for this.

According to a report by Bloomberg, the U.S. Department of Labor's final rule aimed at facilitating the inclusion of alternative assets such as private equity, real estate, and cryptocurrencies in retirement plans has been submitted to the Office of Information and Regulatory Affairs (OIRA) for review on Thursday. This submission indicates that the rule is nearing completion and public release, but is still in the review stage.The Department of Labor announced the relevant proposal on March 30. According to the previous proposal, trustees can obtain legal safe harbor protection when including private assets in 401(k) plan investment options, provided they meet six criteria. These six criteria are investment performance, fees, liquidity, valuation, performance benchmarks, and complexity.

U.S. Republican Congressman French Hill won re-election in Arkansas's 2nd Congressional District, defeating Democratic challenger Chris Jones, a result confirmed by the Associated Press on Thursday. Hill currently serves as the Chairman of the U.S. House Financial Services Committee and is an important ally for the cryptocurrency industry in Congress.Hill initiated the CLARITY Act and voted in favor of the GENIUS Act, receiving an A rating from the cryptocurrency advocacy organization Stand With Crypto, classified as a strong supporter of cryptocurrency. The cryptocurrency industry-supported super PAC Fairshake pledged $1 million in October to support his re-election campaign, aiming to keep crypto-friendly lawmakers in Congress.With the Democrats winning control of the House of Representatives in Tuesday's U.S. midterm elections, Hill is expected to lose his position as Chairman of the Financial Services Committee in January. According to Reuters, the current senior Democratic member of the committee, Maxine Waters, is the leading candidate to succeed him. The Democrats also gained control of both the House and Senate, creating uncertainty for U.S. cryptocurrency legislation, with the industry potentially facing stricter scrutiny. The cryptocurrency industry-supported super PAC spent over $176 million in this election cycle.

The proposal from the U.S. SEC regarding amendments to the financial responsibility, recordkeeping, and reporting rules for cryptocurrency asset brokers has been submitted for review by the White House.

After the U.S. midterm elections, the Democratic Party is set to regain control of both chambers of Congress, but the party leadership is trying to downplay the possibility of immediately impeaching President Trump, shifting the policy focus to inflation, cost of living, and government accountability.According to U.S. media reports, House Democratic leader Hakeem Jeffries stated on Wednesday local time that no Democratic House member has approached him with a request to impeach Trump.Jeffries mentioned at a press conference that he has not discussed the impeachment issue with any Democratic House members, and the caucus has been focused on improving the affordability of living for the public and fulfilling Congress's oversight responsibilities over the executive branch.

According to the election results page on the Stand With Crypto official website, in the U.S. midterm elections, 397 out of 435 House of Representatives seats have been determined, with 226 candidates from the pro-crypto side and 106 from the opposition.In the Senate, 33 out of 35 contested seats have been determined, with 19 candidates from the pro-crypto side and 8 from the opposition.