Odaily News: A source familiar with the discussions said Tuesday that US Treasury Secretary Bessent may serve as US President Trump's "Artificial Intelligence (AI) Czar." Meanwhile, Washington lawmakers are growing increasingly concerned about the risks posed by AI technology.Trump has previously downplayed concerns about AI multiple times and believes there is no need for additional regulatory measures. Regarding Bessent's possible new role, the US Treasury Department did not immediately comment. Another source said no decision has been made yet. Trump said last Saturday that he plans to appoint a new "AI Czar" and form an "AI force," but did not provide details. (Jinshi)

Odaily News: U.S. Republican Senator John Curtis of Utah has sent a letter to Senate Judiciary Committee Chairman Chuck Grassley and Ranking Member Dick Durbin, calling for an investigation into whether Donald Trump Jr. and Hunter Biden used their presidential family connections to obtain private economic benefits, and requesting that both be subpoenaed.Curtis noted that Donald Trump Jr. previously accepted wedding gifts from Russian oligarch Umar Kremlev, actively promoted a family-backed crypto business, and served as an advisor to a prediction market platform; the company in question is regulated by the Commodity Futures Trading Commission. Donald Trump stated that his son has returned the relevant payments to Umar Kremlev.Curtis also requested an investigation into Hunter Biden's large-scale business dealings with foreign entities, as well as whether both individuals used their relationship with the president to create business value. He mentioned that Joe Biden pardoned Hunter Biden in December 2024, and the latter had previously denied involving his father in business transactions.The call for this investigation comes one week after Senate Republicans failed to secure enough Democratic support to advance the Digital Asset Market Clarity Act. Some Democratic lawmakers opposed the bill, citing reasons including Donald Trump's use of crypto businesses to gain benefits related to the presidency; Donald Trump disclosed that he earned $1.4 billion from digital asset-related businesses in 2025. (Cointelegraph)

Odaily News: U.S. President Trump stated that the United States and Iran will definitely reach a deal. (Jinshi)

Odaily News: U.S. President Trump: I believe we will reach a deal with Iran after the U.S. midterm elections. (Jinshi)

Odaily News: US President Trump urges Iran to reach a deal. (Jinshi)

Odaily: According to CNN, US President Trump has told his advisers that he wants to meet with Iranian officials in New York if "conditions are right." The official said the meeting could also take place between some of Trump's senior advisers traveling with him in New York and Iranian officials, though no meeting has been scheduled yet. The official also said it remains unclear whether Iran is also willing to hold a potential meeting. Both US Secretary of State Rubio and US Permanent Representative to the United Nations Waltz have said that Trump is "open" to meeting with the Iranian side.

Odaily reports: Several partnership plans previously announced by the Trump family's crypto project World Liberty Financial have yet to materialize, including having Aave support its lending market, using Ethena's stablecoin as collateral, and bringing tokenized U.S. Treasuries and equities onto the World Liberty platform through Ondo.According to Nansen and Arkham data, the "strategic token reserve" previously established by World Liberty has also undergone significant changes, with most of its holdings of LINK, AAVE, ENA, and MOVE subsequently transferred or disposed of, and some assets moved into centralized exchange accounts. Nansen analysis shows that after World Liberty's token purchases were detected on-chain, the relevant tokens typically rose 10% to 26% within a day, but most of those gains failed to hold.World Liberty stated that the company continuously adjusts its strategy based on market changes and business priorities, and emphasized that it has no connection to decision-making by the Trump administration. (Bloomberg)

Odaily News: A senior Iranian official revealed that Iran has told the Trump administration that if the United States accepts Iran's demands, including lifting the military blockade on Iranian ports, Iran will open the blocked Strait of Hormuz "within seven days." Iran plans to use this proposal as a basis for consultations with mediating countries during the United Nations General Assembly in New York.According to Iranian government officials, if the United States, in addition to lifting the port blockade, also indicates that it will stop military operations around the strait, Iran will agree to open the strait as soon as possible. Rezaei, Secretary-General of Iran's Supreme National Security Council, said on the 19th of this month that resuming negotiations with the United States requires the US side to accept 7 conditions, including lifting the port blockade and unfreezing Iranian assets. (Kyodo News)

Odaily Report: Arthur Hayes posted on X platform stating that in his new article "Safety First," he claims Trump faces the choice of "printing money or continuing to print money." He believes that Anthropic, OpenAI, and SpaceX slowing down general AI development under the pretext of safety is not out of concern for human welfare, but because market demand for AI at current pricing is insufficient; the market prefers Chinese AI products priced at roughly one percent of that.

Odaily News: U.S. Treasury Secretary Bessent stated that he has full confidence in Fed Chair Warsh and believes Warsh will make the right decisions for the Fed's mission; U.S. President Trump also has full confidence in Warsh. Bessent added that core inflation has not risen, all indicators remain unchanged, and said he will continue to monitor whether supply shocks emerge on the energy side. (Jinshi)