The new US President Trump's son Eric Trump recently posted on social media X stating that the current time is the golden opportunity to invest in the US, particularly mentioning the markets, energy, technology and CRYPTOCURRENCY sectors, and believes that the next four years will be a critical transformative period for the US economy, full of potential to create wealth.
Eric Trump is optimistic about the US economic outlook
The President's son clearly stated in the post:
I believe now is the best time to invest in America. Bet on our markets, energy, technology and CRYPTOCURRENCY - bet on the greatest country on Earth - a country that has shed its shackles and constraints, and now has limitless potential!
There's no doubt that Biden left a mess, but that mess will be corrected, and the next four years will be glorious. Transformative wealth will be created, and I hope everyone can enjoy the ride.
He also mentioned betting on our CRYPTOCURRENCY sector, expressing dissatisfaction with the economic situation left by the Biden administration, but emphasized that the US is about to enter a period of rapid growth, and predicted that "transformative wealth" will be created in the next four years, encouraging everyone to seize this investment opportunity.
In the comments under his post, many netizens expressed support for Eric Trump's optimistic views and enthusiastically inquired about related investment opportunities. Among them, CRYPTOCURRENCY has become a focus, with some investors mentioning MEME coins related to the Trump family, and looking forward to inquiring when he will issue his own MEME coin.
Further reading: Trump creates the craziest MEME coin $TRUMP in history, who might be the next celebrity to issue a MEME coin?
SEC Commissioner Mark Uyeda serves as Acting Chair
After SEC Chair Gary Gensler officially resigned on the 20th, Republican SEC Commissioner Mark Uyeda took over as Acting SEC Chair. He had previously publicly stated that he wanted to help Trump fulfill his promise to end the "CRYPTOCURRENCY war" of the Biden administration, and has repeatedly criticized Gensler's rule-making and enforcement actions against CRYPTOCURRENCY, calling them a "disaster for the entire industry", and advocating for clear rules for digital assets.
Reuters reported last week, citing sources, that Uyeda will lead the SEC's policy actions in the short term, together with the crypto-friendly Hester Peirce from the same party, before Paul Atkins is confirmed by the Senate. They are reportedly expected to launch CRYPTOCURRENCY policy reforms as early as this week.
Sources revealed that the new management may temporarily freeze some enforcement cases unrelated to fraud, and may even withdraw some lawsuits. At the same time, they plan to initiate the preliminary process of new regulations, widely soliciting industry views on when CRYPTOCURRENCY should be considered a security.
In addition, the SEC may also quickly withdraw some past accounting guidelines that have significantly increased the cost for listed companies to hold CRYPTOCURRENCY assets.
Further reading: Reuters: The Trump administration's CRYPTOCURRENCY regulation will be different! The new SEC will launch a major reform
