Fox Business

Treasury Secretary Scott Bessent endorsed a $250 bill to commemorate the U.S. semiquincentennial featuring President Trump. The proposal was discussed during an interview with Larry Kudlow at the Ronald Reagan Presidential Library.

ARK Invest CEO Cathie Wood projects Bitcoin to reach $750,000 by 2030, citing generational wealth shifts, institutional adoption, and Bitcoin's role as an insurance policy in emerging markets. She acknowledges criticism but emphasizes Bitcoin's scarcity and low correlation with other assets.

Coinbase CEO Brian Armstrong says a major cryptocurrency bill, the Clarity Act, could transform the US financial system as it moves through the Senate. The bill aims to establish clearer regulatory rules for digital assets and includes compromises on stablecoin rewards and protections for software developers. Lawmakers are racing to establish clearer crypto rules as banks increasingly integrate stablecoins and digital asset services.

Fox Business host Larry Kudlow told National Economic Council Director Kevin Hassett that the rising annual inflation rate is 'lousy'. The consumer price index rose 3.8 percent over the past 12 months and 0.6 percent in April alone. This comes as the Trump administration seeks to defend its economic agenda.

McDonald's is offering a $2.50 McDouble on its McValue menu, but some customers are unhappy about the price increase, feeling that fast food is no longer cheap. The company claims to be committed to delivering great value to its fans. Customers are lamenting the decreased value on the menu and some are considering stopping their patronage.

President Trump announced a plan to appoint up to three Supreme Court justices if vacancies arise, amid speculation about Justice Samuel Alito's potential retirement. The remarks highlight political tensions over court appointments and succession strategies ahead of the 2026 midterms.

In a Fox Business interview, Trump threatened to fire Federal Reserve Chair Jerome Powell if he does not resign from his position upon the end of his term. The statement highlights ongoing tensions between Trump and the Federal Reserve regarding monetary policy.

Nobel Prize-winning economist Paul Krugman criticized National Economic Council Director Kevin Hassett's claim that Trump's policies will drive 4-5% economic growth. Krugman argued such projections are unprecedented and unlikely.