Kevin Hassett, director of the White House National Economic Council, is emerging as a leading candidate to be the next chairman of the Federal Reserve. According to multiple sources, Hassett is standing out as Trump considers appointing a Fed leader whose views align more closely with his own. Whether Hassett will ultimately be nominated is still uncertain. However, sources say that Hassett has advantages that others do not. He is the head of the National Economic Council and previously served as a key economic advisor during Trump's first term. Hassett has been working for Trump for nearly a decade and is one of the few advisors who has both earned the president's trust and maintained a good relationship over the long term. After holding two positions in the first Trump administration, he joined a private equity firm founded by Trump's son-in-law Kushner and provided economic policy advice to Trump during the 2024 presidential campaign. Additionally, Hassett is seen as a disciplined and media-savvy spokesperson, qualities that Trump has long valued in his senior appointees. Evercore IS points out that Hassett's biggest challenge will be to prove to the market that, despite being a loyal supporter of Trump, he can still maintain enough independence while serving as Fed chairman to uphold the Fed's reputation.

pump.fun officially announced on social media that the PUMP token will be launched in 1 hour (01:00 Beijing time).

according to on-chain analyst Ai Auntie (@ai_9684xtpa), 10 minutes ago, Pump.fun project transferred 13.75 billion PUMP tokens to Wintermute (used for market making), calculated at a public sale price of $0.004, worth $55 million.

ByteDance is developing augmented reality glasses, challenging Meta Platforms (META.O).

 US Secretary of Commerce Lutnick: Trump was referring to secondary sanctions against Russia, not tariffs.

President Trump of the United States: had a great meeting with the NATO Secretary General. The NATO agreement has been fully approved and finalized. Those weapons will be immediately transported to the war zone.

according to CCTV International News, Trump met with visiting NATO Secretary General Stoltenberg at the White House on the morning of July 14th local time. When asked about a new bill being pushed through the U.S. Senate to impose severe sanctions on Russia, Trump said, "I'm not sure if we need this." Trump said that some senior Republicans in the Senate are actively pushing for this. He does not want them to "waste time." But he also said, "This could be very useful, we'll see."

President Trump of the United States: Due to the actions of US Treasury Secretary Besent, the market has become calm and positive.

the German Finance Minister stated that Trump's tariff policy poses a threat to the US economy at least as large as that to European companies, and this tariff conflict must come to an end.

analysts are concerned about the economic and diplomatic consequences after US President Trump threatened to impose a 30% tariff on goods imported from Mexico and the European Union starting from August 1. Mary Lovely, a senior researcher at the Peterson Institute for International Economics, warned that Trump's tariffs will eventually lead to price increases and unemployment, while Alan Sykes of Stanford Law School expressed concern about whether the US will be seen as a credible party in future negotiations.