According to Fox News, Speaker Johnson has reached a tentative agreement with blue state Republicans to raise the cap on the state and local tax (SALT) deduction. This move could lead to increased disposable income for taxpayers in high-tax states, potentially boosting local investment flows into the stock and cryptocurrency markets. Market participants should monitor legislative progress, as higher SALT deductions may enhance risk appetite and liquidity, particularly in regions with active crypto trading communities (Source: Fox News, May 21, 2025).