Hello Capitalists,

Trump signing the Genius Bill is going to be one of the biggest changes to America’s economy in history and most people have no idea its happening and its already having an effect on one of America’s biggest cities

Here’s everything you need to be following today:

• DOW: 44274.88 - (⬇️0.47) 🔴

• S&P: 6292.00 - (⬇️0.09) 🔴

• NASDAQ: 20875.12 - (⬇️0.05) 🔴

• CBOE VIX Volatility Index: 16.74 (⬆️0.22) ⚠️⬆️

Trump signing the crypto bill will change what crypto is forever

At 2:30 PM President Donald Trump will sign in to law the Genius Act. The U.S. House of Representatives passed landmark cryptocurrency legislation Thursday, sending a bill to regulate stablecoins to Trump for his signature, marking a historic victory for the digital asset industry after years of lobbying for federal oversight.

• The U.S. House passed the GENIUS Act, a bill creating a regulatory framework for stablecoins, with strong bipartisan support (308-122).

• A second, broader crypto market structure bill, the Clarity Act, was also passed (294-134) and now heads to the Senate, aiming to define whether cryptocurrencies are securities or commodities.

• The House approved a third bill banning the U.S. from issuing a central bank digital currency, citing privacy concerns, which also awaits Senate consideration.

• The legislative success follows intense crypto industry lobbying, including over $119 million spent on pro-crypto candidates in recent elections.

Together with Bonner Private Wines

The Hidden Gems the Founding Fathers Would Love

Thomas Jefferson didn’t buy his wine at a grocery store.

He sourced it directly from small European vineyards—handwritten letters, wax-sealed crates, the whole deal.

And you know what? He was right to do it.

Today, most wines in the U.S. are mass-produced, stuffed with additives, and sold to the highest bidder. But a handful of families in places like France, Spain, and Italy are still doing it the old way:

• No chemicals

• No fake oak flavoring

• Just honest, small-batch wine

That’s what the Bonner Private Wine Partnership is all about. Every quarter, we ship 6 rare wines direct from small winemakers across Europe and Argentina—bottles you won’t find in any store.

You get the kind of wine Jefferson would’ve fought for. 🍷 Only a few spots open for the next shipment—join now before it fills up:

Trump cuts off federal funds for CA’s high speed rail boondoggle and Newsom is furious

California Gov. Gavin Newsom filed a lawsuit against the Trump administration Thursday, challenging the cancellation of federal funding for the state’s high-speed rail project.

• California Gov. Gavin Newsom announced the lawsuit against the Trump administration after it terminated $4 billion in federal funding for the state’s high-speed rail project, calling the decision "petty, political retribution" targeting California due to President Trump’s hostility toward the state.

• The lawsuit, filed by the California High-Speed Rail Authority, argues that the funding cut is illegal and threatens jobs and livelihoods in the Central Valley, where the project is actively under construction.

• Transportation Secretary Sean Duffy justified the cancellation, citing 16 years of project failure, no completed high-speed track, and escalating costs, labeling it a mismanaged "boondoggle" and stating federal funds are not a blank check.

• Newsom defended the project, emphasizing its progress in the track-laying phase and its role as America’s only high-speed rail under construction, while Trump called it a "Newscum SCAM" that has cost taxpayers billions with no results.

As Crypto rises, Miami once again is becoming it’s US capitol

Miami is quietly reasserting itself as a global cryptocurrency hub as the pro-crypto climate under President Dondal Trump starts to have an effect.

• Crypto Market Resurgence: Miami is experiencing a revival in its cryptocurrency sector, with market signals indicating a strong comeback, driven by new financial innovations and corporate commitments.

• Crypto-to-Cash Payments: Property Markets Group (PMG) introduced crypto-to-cash payments for pre-construction condos in Florida, using Shift4 to convert crypto to U.S. dollars, bridging digital and traditional finance.

• Corporate Expansion: Major firms like Gemini, which opened a Miami office, and Citadel, backing a $135 million crypto firm investment, are deepening their presence, reinforcing Miami’s role as a crypto hub.

• Post-FTX Recovery: Despite the FTX collapse, Miami’s crypto ecosystem has matured, with safer financial practices and Mayor Francis Suarez’s pro-crypto policies continuing to attract investment.

The EU is playing chicken with Trump over trade deals and time is running out

The European Union is racing against an Aug. 1 deadline to negotiate a trade deal with the United States in only 13 days.

• EU's Urgent Negotiations: The European Union is intensifying efforts to secure a trade agreement with the U.S. before President Trump’s Aug. 1 deadline, when a proposed 30% tariff on EU goods could take effect, following earlier tariffs of 25% on vehicles and 50% on steel and aluminum.

• Four-Part Strategy: Polish official Michal Baranowski outlined the EU’s approach: negotiating in good faith, preparing countermeasures like a €72 billion reciprocal tariff package, consulting with other U.S. trading partners, and boosting European competitiveness to counter potential economic fallout.

• Economic Stakes and Impact: The U.S.-EU trade relationship, representing nearly 30% of global trade, faces disruption, with European companies like Volvo Cars already reporting profit declines due to existing U.S. tariffs, signaling a tough earnings season ahead.

• Mutual Benefits Emphasized: EU leaders, including Maros Sefcovic, stress the importance of the transatlantic partnership, noting both sides have much to gain or lose, while the U.S. claims the EU is eager to reach a deal.

Don Jr just went public with his “anti woke” gun company on the NYSE

Donald Trump Jr. took online gun retailer GrabAGun public on the New York Stock Exchange Wednesday, marking a bold move to champion Second Amendment rights and challenge what they call "woke" anti-gun policies.

• Public Listing of GrabAGun: Donald Trump Jr., alongside his partner Omeed Malik, facilitated the public trading debut of GrabAGun, (PEW) an online gun retailer, on the NYSE through a merger with Colombier Acquisition Corp. II, symbolizing a push for Second Amendment advocacy.

• Cultural Shift Against 'Woke' Policies: Trump Jr. described the move as a rejection of "woke" policies like DEI and ESG, which he claims have hindered gun companies through de-platforming and de-banking, citing a broader cultural shift toward supporting gun rights.

• Second Amendment Vindication: The venture is seen as a victory for Second Amendment supporters, with Trump Jr. noting that recent civil unrest has bolstered public interest in gun ownership, acting as a "greatest marketing campaign" for the cause.

Mamdani’s election as NYC Mayor could be “absolutely catastrophic”

A prominent real estate expert warns that Zohran Mamdani, the democratic socialist running for New York City mayor, could spark a mass exodus of businesses and wealthy residents if elected.

• Zohran Mamdani’s Campaign: New York City mayoral candidate Zohran Mamdani has raised concerns with his progressive platform, including rent freezes, a $30 minimum wage, and city-owned grocery stores, following his Democratic primary win.

• Real Estate Concerns: Pierre Debbas, a real estate law expert, predicts "absolutely catastrophic" consequences for NYC’s real estate market, stating that Mamdani’s policies could deter investors and prompt a reevaluation of the city’s market stability.

• Potential Exodus: Industry leaders warn that Mamdani’s anti-business agenda, including higher taxes and wealth redistribution, could accelerate the departure of businesses and high-income earners to lower-tax states, a trend seen since the pandemic.

• Economic Impact: Critics, including business leaders and billionaires like Bill Ackman, argue that Mamdani’s policies threaten NYC’s $1.2 trillion economy, with fears of reduced investment and economic decline if he wins the general election.

This massive oil deal just got signed and no one knows about it

Chevron Corp. has won it’s legal battle against Exxon Mobil Corp. over Hess Corp.'s offshore oil assets in Guyana, clearing the way for its $53 billion acquisition of Hess.

• Chevron prevailed over Exxon Mobil in a dispute arbitrated by the International Chamber of Commerce, resolving uncertainty over its $53 billion acquisition of Hess Corp., which includes a 30% stake in Guyana’s Stabroek Block, a major oil field with over 11 billion barrels.

• The ruling dismissed Exxon and China National Offshore Oil Corp.'s claim of a right of first refusal over Hess’s Guyana assets, allowing Chevron to finalize the deal and gain a foothold in a rapidly growing oil region.

• Chevron’s stock rose 3% in premarket trading, while Hess shares surged nearly 7%, reflecting market approval; Exxon, which holds a 45% stake in the Stabroek Block, expressed disagreement but accepted the arbitration outcome.

• The acquisition strengthens Chevron’s position in Guyana’s prolific oil sector, with CEO Mike Wirth anticipating some workforce reductions as part of integration, following earlier cost-cutting measures.