According to Fox News, former President Trump has fired the National Portrait Gallery director, citing concerns over the director's partisan stance and strong support for Diversity, Equity, and Inclusion (DEI) initiatives (Source: Fox News, May 30, 2025). This move signals a broader policy shift that could influence federal funding priorities and regulatory attitudes, both of which have downstream effects on market sectors, including cryptocurrency. Historically, changes in federal administration and cultural policy have correlated with shifts in investor sentiment and regulatory clarity in the crypto market, potentially affecting trading strategies and risk assessments.

According to @iampaulgrewal on Twitter, there is growing support for allowing Americans to include cryptocurrencies in their retirement portfolios without federal government interference. Grewal's statement, in response to @SecretaryLCD, highlights the ongoing debate about regulatory control over crypto assets in self-directed retirement accounts. This sentiment is significant for traders, as regulatory clarity and expanded access to crypto in retirement accounts could increase demand for Bitcoin and other cryptocurrencies, potentially impacting market liquidity and price dynamics (source: @iampaulgrewal Twitter, May 28, 2025).