According to Fox News (@FoxNews), the White House Press Secretary responded directly to Elon Musk's public criticism of President Trump and the federal spending bill, following Musk's departure as the head of DOGE policy at the White House. The official statement addressed Musk's remarks but did not indicate any immediate policy changes regarding cryptocurrency regulation or DOGE-related initiatives. This response signals maintained governmental stability in crypto policy, which is likely to reassure traders concerned about regulatory volatility. The clarification from the White House reduces uncertainty for DOGE and broader crypto markets, as there are no unexpected shifts in federal crypto oversight at this time (Source: Fox News, June 6, 2025).

According to The Kobeissi Letter, Amazon announced this morning that it would display the cost of President Trump tariffs on each product, a move that triggered a strong response from the White House labeling it as a 'hostile and political act.' Following the announcement and the White House's reaction, Amazon stock ($AMZN) declined more than 2%, highlighting immediate negative market sentiment and elevated volatility for traders monitoring US-China trade tensions and e-commerce sector impacts (Source: @KobeissiLetter, April 29, 2025).