USgovernment

🔹 Elon Musk has fallen out of Donald Trump's favor – and Jeff Bezos is wasting no time seizing the opportunity.

Following a public clash between Musk and former President Trump – during which Musk criticized Trump’s policies and even hinted at founding a new political party – a new favorite has quietly emerged in Washington's power circles: Amazon founder Jeff Bezos.
According to Bloomberg, Bezos has already spoken with Trump twice this month, while Blue Origin’s CEO Dave Limp met with White House Chief of Staff Susie Wiles. The goal? To secure more government contracts and elevate Blue Origin’s position in federal space programs – right as Musk faces threats of losing lucrative deals.

Musk Out, Bezos In
In early June, Musk openly criticized Trump-backed legislation and distanced himself from the current Republican agenda. Trump quickly reacted – pulling support for Musk’s candidate to lead NASA and publicly threatening to end federal deals with Musk's companies.
“The easiest way to save billions in our budget is to cut Elon’s subsidies and contracts,” Trump wrote on Truth Social. “I’ve always been surprised Biden didn’t do it first!”

Musk was once one of Trump’s closest business allies – helping to select transition team members, backing a $250 million super PAC, and supporting Jared Isaacman’s NASA nomination. Now all of that is gone.

Blue Origin Isn't SpaceX Yet – But It Has Big Ambitions
Bezos’ Blue Origin still lags behind Musk’s SpaceX – in both launch count and contracts. SpaceX is planning up to 170 launches in 2025, while Blue Origin has completed only one launch of its New Glenn rocket and delayed a second one. Still, Bezos is pushing forward – both politically and technologically.
Blue Origin aims to land a cargo ship on the Moon this year, and it’s also eyeing roles in Trump’s proposed “Golden Dome” missile defense system and future NASA Mars missions. The company secured $2.4 billion in contracts in April – while SpaceX got $5.9 billion.

Bezos Rebuilding Ties with Trump – and Investing in the Relationship
A few years ago, Bezos and Trump were at odds. Trump accused Bezos of using The Washington Post to attack his presidency and misusing postal services through Amazon. That tension is now fading.
🔹 Jeff blocked the Washington Post from endorsing any political candidates.

🔹 Sources say Trump privately praised Bezos for preventing an editorial supporting Kamala Harris.

🔹 Amazon paid $40 million for a documentary about Melania Trump, with most of that money going directly to her.

🔹 The company donated $1 million to Trump’s 2025 inauguration.

🔹 Bezos even invited Trump to his wedding in Venice.
While Trump declined, the invitation itself was a clear charm offensive. Bezos is steadily replacing Musk as Trump’s go-to billionaire.

Less Drama, More Results
While Musk is entangled in political controversy and facing potential loss of federal support, Bezos is keeping his head down, investing money, making strategic moves, and gaining influence. No drama – just business.
Whether that will be enough for Blue Origin to surpass SpaceX remains uncertain. But when it comes to winning favor in Washington, Jeff Bezos is now leading the race. And that could be more important than any rocket launch.

#TRUMP , #ElonMusk , #SpaceX , #USPolitics , #USGovernment

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

#IfYouAreNewToBinance #MarketRebound #USGovernment #PowellMovesMarkets
On June 23, 2025, the Federal Reserve formally removed "reputational risk" from its bank supervision framework—aligning with recent moves by the FDIC and OCC. This means banks no longer face a subjective barrier when considering crypto-related services like custody, trading, or stable coin activity fdic.gov+15axios.com+15cryptoslate.com+15.

🔍 What This Means

Banks now have explicit permission to choose crypto firms as customers and offer crypto-related services—so long as they meet standard requirements for capital, liquidity, compliance, and risk management cryptoslate.com.

The outdated requirement to notify regulators or gain subjective “non-objection” approval has been scrapped—banks fall under regular supervision instead jonesday.com+1federalreserve.gov+1.

Fed Chair Powell emphasized banks can engage with crypto responsibly, echoing earlier calls during his House testimony on June 24 reuters.com+11cryptoslate.com+11bitcoinist.com+11.

✅ Policy Shift in a Nutshell
Before After
Banks needed prior approval or notification, often blocked due to vague reputational concerns
Banks can freely offer services like crypto custody, trading, and stablecoins within sound risk frameworks
"Reputational risk" used as a tool to dissuade engagement with crypto
lRemoved—banks now assessed on measurable risks only (financial, credit, legal)
A patchwork of cautionary guidance across regulators
Coordinated regulatory stance across Fed, FDIC, and OCC

🔮 Why It Matters

Boost for U.S. innovation: Reduces red tape, enabling banks to integrate crypto more seamlessly.

Regulatory clarity: Firms and banks now have clearer rules under standard safety and compliance requirements.

However, banks still must manage traditional risks—the change isn’t deregulation, merely a reallocation of how risks are assessed investopedia.com+10cryptoslate.com+10cryptoslate.com+10zycrypto.com+4theblock.co+4axios.com+4reuters.comfederalreserve.gov+15fdic.gov+15cryptoslate.com+15.

📌 Bottom Line

Yes—the Fed has effectively allowed banks to offer crypto services, removing a major pretext for blocking such activity. Banks can now serve crypto clients and offer related services, provided they operate safely within existing regulations.