Congressman Jason Smith: “We are gonna get the One, Big, Beautiful Bill passed and to your desk! This will be for the people who don't have lobbyists in this town. The farmers, the welders, the waitresses, the nurses pulling double shifts, the truck drivers hauling goods across this country - the folks who work hard, play by the rules, and ask for nothing more than a fair shot and a government that works for them, not against them. The One Big Beautiful Bill is their bill! It's about restoring sanity in a town that's lost it. It cuts the waste. It reins in the reckless spending. It demands that if you're able to work, you should. It delivers the largest tax cut in history, And it stops asking working families to foot the bill for Washington's bad decisions. Thanks for your vision, leadership and determination! You are my favorite President! Let’s get this done.”
📈 Market Reaction:
SP500 🇺🇸
Before post: $6,260.25
Dow Jones 🇺🇸
Before post: $44,760.00
BTC
Before post: $108,425.10
ETH
Before post: $2,497.60
TRUMP
Before post: $8.72
CSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
Markets yawned at Trump's latest ode to the "one big beautiful bill," treating it like a rerun of a mid-tier political drama. SP500 edged up 0.03% over 10 minutes, Dow Jones added 0.11%, while crypto shrugged: BTC dipped 0.16%, ETH fell 0.20%, and even TRUMP (the ticker, not the man) slipped 0.11%. Volatility was milder than a lukewarm coffee compared to past posts, where similar rhetoric sparked wilder swings (see: May 16th's 0.54% TRUMP drop). The real mystery: why markets react more to Elon Musk's mood swings than to promises of "the largest tax cut in history." Priorities, people.