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On June 3, Federal Reserve Chair Waller appointed two external advisors to assist him in his early tenure. One of them was involved in drafting a conservative policy blueprint that recommends comprehensive structural reforms for the Federal Reserve. According to informed sources, one of the advisors is Paul Winfree, who served as a domestic policy expert in the Trump administration. He is also a co-author of the chapter on the Federal Reserve in the '2025 Plan,' a conservative policy blueprint developed ahead of the 2024 election. The other advisor is Daniel Heil, a policy researcher at Stanford University's Hoover Institution, who was an economic policy advisor for the 2016 presidential campaign. His recent writings have focused on reducing federal healthcare spending and Social Security issues. Both have been active in conservative policy circles for a long time, and their professional backgrounds lie outside the core responsibilities of the Federal Reserve. An informed source stated that these two advisors will work as temporary contractors to assist Waller with policy analysis and planning; Waller has not yet made a final decision regarding their potential long-term, formal positions within the Federal Reserve.

[Fed Chair Waller Appoints Two Conservative Advisors]On June 3, Federal Reserve Chair Waller appointed two external advisors to assist him in his early tenure. One of them was involved in drafting a conservative policy blueprint that recommends comprehensive structural reforms for the Federal Reserve. According to informed sources, one of the advisors is Paul Winfree, who served as a domestic policy expert in the Trump administration. He is also a co-author of the chapter on the Federal Reserve in the '2025 Plan,' a conservative policy blueprint developed ahead of the 2024 election. The other advisor is Daniel Heil, a policy researcher at Stanford University's Hoover Institution, who was an economic policy advisor for the 2016 presidential campaign. His recent writings have focused on reducing federal healthcare spending and Social Security issues. Both have been active in conservative policy circles for a long time, and their professional backgrounds lie outside the core responsibilities of the Federal Reserve. An informed source stated that these two advisors will work as temporary contractors to assist Waller with policy analysis and planning; Waller has not yet made a final decision regarding their potential long-term, formal positions within the Federal Reserve.

Fed Chair Waller Appoints Two Conservative Advisors

On June 3, local time June 2, the U.S. Department of the Treasury's Office of Foreign Assets Control announced an update to the Specially Designated Nationals and Blocked Persons List, adding several Iranian cryptocurrency exchanges and related individuals to the sanctions list. (CCTV News)

[US Sanctions Iranian Cryptocurrency Exchanges and Related Individuals]On June 3, local time June 2, the U.S. Department of the Treasury's Office of Foreign Assets Control announced an update to the Specially Designated Nationals and Blocked Persons List, adding several Iranian cryptocurrency exchanges and related individuals to the sanctions list. (CCTV News)

US Sanctions Iranian Cryptocurrency Exchanges and Related Individuals

On June 3, during the Microsoft Build developer conference, NVIDIA and Microsoft announced a partnership to launch a unified tech stack for deploying Agentic AI, covering all scenarios from Windows devices to the cloud and on-premises.

[NVIDIA Partners with Microsoft: Launches Unified Tech Stack for Deploying Agentic AI]On June 3, during the Microsoft Build developer conference, NVIDIA and Microsoft announced a partnership to launch a unified tech stack for deploying Agentic AI, covering all scenarios from Windows devices to the cloud and on-premises.

NVIDIA Partners with Microsoft: Launches Unified Tech Stack for Deploying Agentic AI

On June 3, the White House announced that President Trump signed an executive order to promote advanced artificial intelligence innovation and security. The executive order states that to upgrade the United States' advanced AI systems, within 30 days of the issuance of this order, the National Security Council should prioritize the cybersecurity efforts of national security systems and take appropriate and swift actions to align with the objectives of this order. A confidential baseline assessment process will be developed and adhered to, to evaluate the advanced cybersecurity capabilities of AI models and determine to what extent AI models should be designated as 'protected frontier models.' The U.S. will gain access to AI 'frontier models' prior to their release, with a maximum timeframe of up to 30 days. The U.S. will select trusted AI partners within 60 days.

[Trump Signs Executive Order to Promote Advanced AI Innovation and Security]On June 3, the White House announced that President Trump signed an executive order to promote advanced artificial intelligence innovation and security. The executive order states that to upgrade the United States' advanced AI systems, within 30 days of the issuance of this order, the National Security Council should prioritize the cybersecurity efforts of national security systems and take appropriate and swift actions to align with the objectives of this order. A confidential baseline assessment process will be developed and adhered to, to evaluate the advanced cybersecurity capabilities of AI models and determine to what extent AI models should be designated as 'protected frontier models.' The U.S. will gain access to AI 'frontier models' prior to their release, with a maximum timeframe of up to 30 days. The U.S. will select trusted AI partners within 60 days.

Trump Signs Executive Order to Promote Advanced AI Innovation and Security

On June 3, the three major U.S. stock indices closed slightly higher. The Dow Jones Industrial Average rose by 0.45%, the S&P 500 increased by 0.13%, and the Nasdaq Composite gained 0.03%.

[U.S. Stock Indices Close Slightly Higher]On June 3, the three major U.S. stock indices closed slightly higher. The Dow Jones Industrial Average rose by 0.45%, the S&P 500 increased by 0.13%, and the Nasdaq Composite gained 0.03%.

U.S. Stock Indices Close Slightly Higher

On June 3, U.S. Secretary of State Rubio stated during a hearing before the Senate Foreign Relations Committee that the U.S. is still negotiating with Iran, but he is uncertain when an agreement can be reached. This was Rubio's first testimony in Congress since the U.S. and Israel launched a large-scale military operation against Iran at the end of February. In response to questions from lawmakers about the progress of U.S.-Iran negotiations, he said, "We are negotiating with Iran," noting that Iran "has agreed to discuss some aspects of its nuclear program, whereas just a month ago, or even a year ago, they were unwilling to talk at all." Rubio mentioned that an agreement with Iran "could be reached today, tomorrow, or next week," but this "does not guarantee that a deal acceptable to Congress will ultimately be reached." He also stated that the U.S. has not proposed lifting sanctions on Iran or allowing it to access frozen funds as a condition for reopening the Strait of Hormuz. "This has never been discussed or proposed. Any sanction relief must be conditional. This means that the prerequisites must address the issues that led to the imposition of these sanctions in the first place, namely Iran's nuclear program." (Xinhua)

[Rubio: US-Iran Talks Ongoing, Timing of Agreement Uncertain]On June 3, U.S. Secretary of State Rubio stated during a hearing before the Senate Foreign Relations Committee that the U.S. is still negotiating with Iran, but he is uncertain when an agreement can be reached. This was Rubio's first testimony in Congress since the U.S. and Israel launched a large-scale military operation against Iran at the end of February. In response to questions from lawmakers about the progress of U.S.-Iran negotiations, he said, "We are negotiating with Iran," noting that Iran "has agreed to discuss some aspects of its nuclear program, whereas just a month ago, or even a year ago, they were unwilling to talk at all." Rubio mentioned that an agreement with Iran "could be reached today, tomorrow, or next week," but this "does not guarantee that a deal acceptable to Congress will ultimately be reached." He also stated that the U.S. has not proposed lifting sanctions on Iran or allowing it to access frozen funds as a condition for reopening the Strait of Hormuz. "This has never been discussed or proposed. Any sanction relief must be conditional. This means that the prerequisites must address the issues that led to the imposition of these sanctions in the first place, namely Iran's nuclear program." (Xinhua)

Rubio: US-Iran Talks Ongoing, Timing of Agreement Uncertain

On June 3, Canadian media reported that the Canadian government has proposed to the governments of the United States and Mexico to renew the United States-Mexico-Canada Agreement (USMCA). According to reports, Canada's Minister responsible for Canada-U.S. trade, Dominic LeBlanc, suggested in a letter to U.S. Trade Representative Katherine Tai and Mexican Economy Minister Marcelo Ebrard to extend the free trade agreement for 16 years in order to avoid triggering the statutory annual review process. LeBlanc stated in the letter, 'One or both parties to the agreement may wish to propose improvements in certain areas to enhance North America's competitiveness. Canada looks forward to maintaining ongoing contact with the U.S. and Mexico.' He also emphasized, 'It is crucial to engage in parallel discussions with the U.S. to address industry tariff issues.' (Xinhua News Agency)

[Canada Proposes Renewal of US-Mexico-Canada Agreement]On June 3, Canadian media reported that the Canadian government has proposed to the governments of the United States and Mexico to renew the United States-Mexico-Canada Agreement (USMCA). According to reports, Canada's Minister responsible for Canada-U.S. trade, Dominic LeBlanc, suggested in a letter to U.S. Trade Representative Katherine Tai and Mexican Economy Minister Marcelo Ebrard to extend the free trade agreement for 16 years in order to avoid triggering the statutory annual review process. LeBlanc stated in the letter, 'One or both parties to the agreement may wish to propose improvements in certain areas to enhance North America's competitiveness. Canada looks forward to maintaining ongoing contact with the U.S. and Mexico.' He also emphasized, 'It is crucial to engage in parallel discussions with the U.S. to address industry tariff issues.' (Xinhua News Agency)

Canada Proposes Renewal of US-Mexico-Canada Agreement

Market data shows that ETH has fallen below $1900, currently priced at $1898.55, with a 24-hour decline of 5.18%. The market is experiencing significant volatility, so please ensure proper risk management.

[ETH Falls Below $1900]Market data shows that ETH has fallen below $1900, currently priced at $1898.55, with a 24-hour decline of 5.18%. The market is experiencing significant volatility, so please ensure proper risk management.

ETH Falls Below $1900

Market data shows that BTC has fallen below $67,000, currently priced at $66,980, with a 24-hour decline of 6.31%. The market is highly volatile, so please ensure proper risk management.

[BTC Falls Below $67,000]Market data shows that BTC has fallen below $67,000, currently priced at $66,980, with a 24-hour decline of 6.31%. The market is highly volatile, so please ensure proper risk management.

BTC Falls Below $67,000

On June 2, Google stated that the demand for AI solutions from businesses and consumers is strong, and the level of AI demand has exceeded the company's current supply capacity.

[Google: AI Demand Exceeds Current Supply Capacity]On June 2, Google stated that the demand for AI solutions from businesses and consumers is strong, and the level of AI demand has exceeded the company's current supply capacity.

Google: AI Demand Exceeds Current Supply Capacity

From a Lunch Table to an Infinite Universe: Fei-Fei Li Bets on AI's Next Dimension

2-Year Return of 225x? Uncovering Mysterious Researcher Serenity's AI 'Choke Point' Investment Strategy

Retail Investors' 'Lead Brother' Serenity vs. Newly Minted Stock God Leopold: How Are the Two Top Hunters Mining AI's 'Physical Limits'?

VVV Surges Over 10x This Year, Is the Base Ecosystem the Last Hope for Crypto AI?

Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

One Article Deconstructs the Investment Methodology of 'Stock God Serenity'

Deconstructing the Investment Methodology of the 'Stock God Serenity' in One Article

Sharplink CEO: Ethereum's Future Is Playing Out Now

Kalshi and Coinbase Receive CFTC Approval, Ushering in the Most Regulation-Friendly Era for the Crypto Industry?

Weekly Token Unlocks: HYPE Unlocks $650M Worth of Tokens

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ETH drops below 2000 USDT

BTC falls below 70000 USDT

Google: AI Demand Exceeds Current Supply Capacity

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