Stephen Milan, the new governor of the Federal Reserve, issued a public clarification on his communication with US President Donald Trump on Friday, stressing that his vote at this week's monetary policy meeting was made independently and without any political interference. Earlier, the Federal Reserve announced a 25 basis point rate cut, but Milan voted against the rate decision, arguing that the rate cut should be extended to 50 basis points.
According to the Wall Street Journal, sources say ExxonMobil Oil (XOM. N) has held secret talks with Rosneft about returning to Russia. The talks were held in Qatar.
The US "terror data" made a stunning appearance, and gold once broke 3310! Powell responded to the renovation of the building, Trump's "housing director" said it was facing perjury charges; the European Union plans to escalate tariffs against the United States. Click to view the global news last night and this morning
Federal Reserve Chairperson Jerome Powell: (Regarding Senate Banking Committee Chairperson Scott and Senator Warren on the renovation of the building) The Inspector General has full information on the project and has received monthly reports; has asked the Inspector General to re-examine the project.
According to The Information, OpenAI has held talks with the Saudi Public Investment Fund and Reliance of India about its $40 billion financing. OpenAI has informed investors that they hope to raise another $17 billion in 2027.

New open-source AI models aren't just catching up to closed-source competitors in quality—they're pushing boundaries in video length.
Vitalik Buterin said at the AMA event that the Ethereum priority should be to improve interoperability between L2, because there are not too many Stakeholders, everyone has a common interest, so the process will be much simpler. Then it can be scaled up to do more cross-crypto interoperability, even from cryptocurrencies to fiat currencies.
The Web3 and Virtual Asset Development Subcommittee of the Hong Kong Legislative Council held a meeting on November 19 to discuss the promotion of blockchain technology application and Web3 development. Business lawmakers Yan Gang proposed to combine the development of virtual asset indices and stablecoins in Hong Kong, so that Hong Kong can gain a certain say in the pricing power of virtual asset transactions. It is hoped that the SAR government will make further plans in this regard.
On November 18th, in order to better meet the rigid and improved housing needs of residents, the city has cancelled the standard of ordinary housing and non-ordinary housing, and the tax matters related to individual housing transactions are as follows: 1. If the original value certificate of the housing is not provided for the transfer of housing by individuals, and the original value of the housing and the tax payable cannot be correctly calculated, the personal income tax shall be assessed an...
In its 2025 review priorities, the Securities Exchange Commission (SEC) has listed "registrants who provide services related to cryptoassets" as a focus for review. This includes advisors who recommend spot Bitcoin ETFs and Ethereum ETFs. Inspections of registrants will focus on offer sales, referrals, recommendations, transactions, and other activities involving cryptoassets that are offered and sold as securities or related products, such as Bitcoin or Ethereum exchange-traded products.