According to Fox News, entrepreneur Grant Cardone told Lara Trump that California Governor Gavin Newsom's policies have damaged the state's economy so severely that it could shift to Republican control. For traders, this signals possible regulatory changes that may affect the cryptocurrency sector, as California is a key hub for blockchain innovation and digital asset companies. Any political shift could influence state-level crypto regulations and technology investment trends, which traders should monitor for changes in market sentiment and legal frameworks (Source: Fox News Twitter, May 25, 2025).