Chief Justice of the United States Asks Fed Governor Powell to Respond to Trump

On September 20th, ByteDance announced that it will carry out relevant work in accordance with the legal requirements of China to enable the US entity of TikTok to continue to serve the large number of American users. (Golden Ten)

On September 20th, as per the monitoring of Onchain Lens, a newly established wallet deposited 2 million USDC into HyperLiquid and bought 27,321 HFUN at an average price of $48.85, with an expenditure of around $1.33 million. The wallet still retains 665,496 USDC.

On September 20th, according to the monitoring of LookOnChain, whale 8RHiqy spent 7.3 million USDC within the past 20 hours and purchased 1 billion PUMP tokens at an average price of $0.007246.

September 20th — On Friday, the newly appointed board member of the Federal Reserve, Milan, publicly clarified his communication with U.S. President Trump. He emphasized that his voting decision at this week's monetary policy meeting was made independently and was not influenced by any political factors. Earlier, the Federal Reserve announced a 25-basis-point rate cut, but Milan voted against it in this rate decision and advocated for a 50-basis-point rate cut. After the meeting, he explained that this decision was based on his independent assessment of the economic situation. Addressing external concerns, Milan stated that before the rate decision announcement, he had only had a brief conversation with President Trump once. He revealed, "He (Trump) called me on Tuesday morning just to offer congratulations, and that was all." Milan emphasized that the two parties "never discussed how I should vote, nor did they mention my position in the Fed's economic projections dot plot." (FX678)

On September 20th, Caroline D. Pham, the Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced today the new members of the Global Markets Advisory Committee (GMAC) and its subcommittee. Scott Lucas, the Managing Director of Market Digital Assets at JPMorgan Chase, has been appointed as the Co-Chair of the GMAC Digital Assets Market Subcommittee, working together with Sandy Kaul, the Executive Vice President at Franklin Templeton.

On September 20th, a US judge rejected US President Trump's $15 billion lawsuit against The New York Times, granting him the permission to amend the complaint. The judge ruled that Trump's complaint violated federal regulations and that he needed to provide a concise statement to demonstrate the plaintiff's entitlement to compensation. The judge stated that "The complaint is not a public forum for insults or a protected platform for attacking opponents." (Golden Finance) Previously, on September 16th, US President Trump filed a $15 billion defamation lawsuit against The New York Times. Trump alleged that the reporting of The New York Times had damaged his reputation, business, Truth Social, and his TRUMP cryptocurrency project.