The White House will hold a closed-door meeting on Monday, gathering leaders from the traditional banking and crypto industries to discuss the crypto bill stuck in the Senate.

This indicates that the US is beginning to consider crypto as an integral part of the financial system, but it also reflects significant political pressure surrounding the upcoming legal framework. This could be a stepping stone toward clearer regulations, or conversely, a tightening if the two sides cannot find common ground.
At the same time, the Fed issued a rather “cold” message in its latest statement:
Inflation remains high
The labor market shows signs of stabilization
The US economy is generally not in recession
But uncertainty remains very high
Bloomberg also confirmed that the Fed is temporarily pausing its rate cut cycle and even signaling to keep interest rates higher for longer than expected. This is usually not an ideal environment for risky assets like crypto in the short term.
Most notably is Jerome Powell’s statement, when he candidly admitted that US public debt has reached $38.5 trillion and is “unsustainable.” A Fed Chair speaking so frankly is extremely rare. It indicates that the issue is no longer just short-term economic cycles but the long-term structural problem of the US financial system.
Monetary policy is stuck between inflation – public debt – politics. Crypto is caught between two currents: one side is the opportunity for legalization and broader acceptance, and the other is risks from a tightening macro environment.
This period is not easy, but it’s also the time for you to closely follow legislation, the Fed, and liquidity, because major changes often start from closed-door meetings like this.