Overview of Important Overnight Developments on June 7

21:00-7:00 Keywords: Trump, Musk, CFTC

1. The Trump crypto wallet dispute ends with WLFI purchasing Meme coins;

2. The White House has not taken action to remove over a hundred officials linked to Musk;

3. Strong employment data pressures US bonds, traders lower bets on Fed rate cuts;

4. Acting CFTC Chairman: 24/7 derivatives trading proposal limited to crypto assets;

5. Trump: Interest rates should be lowered, the next Fed chair candidate "will be announced soon";

6. Trump's tax reform is expected to pass in the US Senate, no Republican lawmakers support Musk;

7. Trump: Hopes Musk "does well with Tesla," no plans to call Musk.