According to Stock Talk (@stocktalkweekly), Senators Bernie Sanders and Angus King are introducing a bill that would ban pharmaceutical manufacturers from direct-to-consumer advertising, as reported by the Wall Street Journal. This legislative move could significantly impact pharmaceutical stock valuations, particularly companies with large advertising budgets like Pfizer and Johnson & Johnson. For traders, the proposed ban may trigger volatility in pharma equities and potentially influence healthcare-related crypto tokens, as regulatory shifts in traditional markets often drive increased interest in decentralized health and DeFi projects. Source: Stock Talk, Wall Street Journal, June 12, 2025.

According to Fox News, the U.S. Senate unanimously passed a bill granting tipped workers a tax deduction of up to $25,000. This legislative move is seen as a significant boost to consumer spending power, particularly for lower-income groups, which could increase liquidity in both traditional and crypto markets. Traders should monitor potential upticks in retail-driven crypto activity as improved household finances often correlate with higher retail crypto investments. This development may also shift short-term sentiment for major coins like Bitcoin and Ethereum, as positive fiscal policy can spur broader risk-on market behavior. Source: Fox News (May 21, 2025).