According to The White House (@WhiteHouse), the administration strongly urged Congress to pass a significant legislative bill, as posted on May 20, 2025 (source: Twitter). While the exact bill details were not specified in the tweet, such high-profile political movements often influence broader financial markets, including cryptocurrency. Traders should monitor legislative developments, as regulatory shifts or fiscal stimulus could impact Bitcoin, Ethereum, and altcoin volatility. Previous major bills have triggered short-term crypto price swings due to changes in market sentiment and potential regulatory clarity (source: historical market reactions to U.S. legislative news).

According to Fox News, Trump's 'big, beautiful bill' successfully passed a critical hurdle in the House after overcoming internal GOP opposition on May 19, 2025 (source: Fox News Twitter). This legislative progress signals potential shifts in the U.S. regulatory landscape, a development traders are closely monitoring for possible impacts on cryptocurrency regulations and digital asset market sentiment. The bill's advancement could influence Bitcoin and altcoin volatility as investors assess the risk of stricter or more favorable crypto oversight. Market participants are advised to watch for further legislative updates as the bill proceeds through Congress.

According to The Kobeissi Letter, the PELOSI Act (Preventing Elected Leaders from Owning Securities and Investments Act) has been reintroduced to Congress as of April 28, 2025 (source: @KobeissiLetter). This renewed legislative effort could increase transparency and reduce perceived insider trading risks among U.S. lawmakers, potentially affecting market sentiment and trading volumes in both equities and digital assets. Traders should closely monitor regulatory developments, as stricter rules on politicians’ investments may lead to volatility in sectors historically influenced by government policy decisions.

According to @GOPMajorityWhip, Congress must extend the 2017 Trump tax cuts to prevent negative impacts on American families and manufacturing businesses. The extension is crucial for maintaining economic stability and competitiveness. The tweet emphasizes the urgency of legislative action to avoid economic setbacks.