Fed's Musallem: Non-bank financial risks need to be well monitored.

1. Increase pressure, Harvard faces the risk of losing accreditation -The Trump administration is increasing pressure on Harvard University, warning it that it may face the risk of losing its accreditation, and formally taking action to subpoena the school to obtain information about international students. 2. Complaining about high interest rates, urging interest rate cuts again-Trump: The Fed's interest rate is at least 3 percentage points higher. "Mr. Too Late" costs the United States $360 billion in refinancing costs every year. There is no inflation now, lower interest rates! 3. Send another tariff letter to 8 countries -Trump said that Brazil will be subject to a 50% tariff, Libya, Iraq, Algeria and Sri Lanka will be subject to a 30% tariff, Brunei and Moldova will be subject to a 25% tariff, and the Philippines will be 20%. 4. Meet with leaders of five African countries-Trump said that the US policy toward Africa is "aid to trade". It is unlikely to impose "reciprocal tariffs" on the five participating countries that will be implemented from August 1. 5. Will visit the UK in the coming weeks-Sources revealed that Trump is very likely to visit Scotland and go to his golf course in late July or early August. Scottish police confirmed that they are making preparations. 6. Eldest son invests in social media company with crypto reserves -Donald Trump Jr. bought shares in a loss-making social media company that is building Bitcoin reserves. This is the latest investment of the Trump family in the strategy of "cryptocurrency as treasury assets". 7. Believe that there is a high possibility of reaching a ceasefire in Gaza this week-Trump: We have a chance to reach a ceasefire in Gaza this week or next week, and the possibility of resolving the Gaza issue this week is very high. 8. Put pressure on more African countries to accept deported immigrants-The Trump administration is urging African countries to accept immigrants expelled by the United States. He said he hopes to reduce the high rate of visa overstays and make progress on the safe third country agreement. 9. Reports say Trump threatened to "bomb Moscow" and the Russian side responded -CNN released a recording from 2024 in which Trump threatened Putin that the United States would bomb Moscow if he tried to resolve the Ukrainian issue by force. The Russian side responded: It cannot be confirmed.

Bitcoin continued to rise, reaching a high of $117,706 per coin, setting a new historical high.