JUST IN: 🇺🇸 Senator Elizabeth Warren says the crypto Clarity Act will "blow up the economy."
"It pushes more of the economy into crypto!"
JUST IN: 🇺🇸🇨🇳 President Trump says US made "fantastic trade deals" with China.
JUST IN: 🇺🇸🇮🇷 President Trump says oil prices went up "very little" due to war with Iran.
"I thought it would go up more."
JUST IN: 🇺🇸 Senator Elizabeth Warren says the crypto Clarity Act will "blow up the economy."
"It pushes more of the economy into crypto!"
The bill now moves to the full Senate where a vote is expected in the weeks ahead.
Senators are working to line up the needed support for passage.
Passing there would let it move to the House for one last review.
Lawmakers want to finish before the summer break so it does not get delayed.
From there it goes directly to President Trump, and backers are pushing to get it signed this summer.
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JUST IN: 🇺🇸 US Senate unanimously passes resolution to suspend senators' pay during government shutdowns.
JUST IN: 🇺🇸 Coinbase CEO Brain Armstrong says today is a "historic day for crypto and for the future of digital assets in America."
"Let's get CLARITY done."
JUST IN: 🇺🇸 CFTC Chair Mike Selig says today's crypto Clarity Act vote brings US closer to becoming "the crypto capital of the world."
"America will remain the global hub for crypto innovation for years to come."
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JUST IN: Bitcoin reclaims $82,000 as Senate Banking Committee officially advances crypto Clarity Act.
JUST IN: 🇺🇸 Senate Banking Committee officially advances crypto clarity bill in bipartisan vote.
President Donald Trump said China has agreed to buy 200 Boeing jets following talks with Chinese President Xi Jinping.
The announcement comes as analysts had been watching Trump's China visit for signs of a major aircraft deal. Some expected a larger order, with Jefferies estimating China could purchase up to 500 Boeing planes.
Boeing has not landed a major order from China in nearly a decade, while Airbus has continued selling aircraft to the country. Trump did not say which Boeing models were included, though analysts had expected a possible deal to involve the 737 Max.
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JUST IN: 🇺🇸🇨🇳 Elon Musk says he has a "good feeling" about the US-China summit.
"I think there will be good results."
JUST IN: 🇺🇸🇨🇳 President Trump says China agreed to buy 200 Boeing $BA planes.
JUST IN: 🇺🇸🇨🇳 Nvidia $NVDA CEO Jensen Huang says President Trump's China summit is "one of the most important summits in human history."
JUST IN: S&P 500 reaches new all-time high of 7,500.
President Trump and Chinese President Xi Jinping agreed that the Strait of Hormuz "must remain open" and that Iran "can never have a nuclear weapon," according to a White House readout of their Thursday meeting in Beijing.
The readout said the leaders also discussed expanding US-China economic cooperation, increasing market access for American businesses, Chinese investment in US industries, fentanyl precursor flows, agricultural purchases, and energy security.
Xi reportedly opposed militarization of the Strait of Hormuz and expressed interest in buying more American oil to reduce China's dependence on the waterway.
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JUST IN: 🇺🇸🇨🇳 President Trump and Chinese President Xi Jinping agree to keep the Strait of Hormuz open.
JUST IN: Elon Musk & Apple $AAPL CEO Tim Cook at China's state dinner.
JUST IN: X to deploy "Iron Slopdome" system to combat AI-generated spam.
JUST IN: Elon Musk says the problem with socialism is "after they 'eat the rich,' they will starve."