In recent days, the international community has been buzzing about Biden pardoning his own son. Biden has only this one son, who is truly his treasure. Just before stepping down, Biden exercised his final pardon authority. According to the U.S. federal constitution, the president has the power to grant pardons, but it is indeed rare to pardon one's own family member.
So Biden's actions will inevitably provoke opposition from many political enemies, and even give them more excuses. But why is Biden doing this? The key is that he does not trust anyone. Although Trump said that if he is elected President of the United States, he will grant a pardon to Biden's son, Trump is currently very dissatisfied with Biden's last crazy actions regarding the Russia-Ukraine issue, because Biden is now doing everything possible to support Ukraine to defeat Russia. Biden is worried that after Trump takes office, he will not grant a pardon to his own son, so in the end, he can only take a desperate gamble to pardon his own son. This incident has really caused an uproar in the international community.

According to Coinbase's senior policy officer, it is expected that the U.S. Congress will quickly pass regulatory legislation regarding the cryptocurrency industry after Trump officially takes office in January. Recently, Coinbase's Chief Policy Officer Faryar Shirzad stated that after Trump officially enters the White House, the U.S. Congress will "fairly quickly" pass cryptocurrency legislation.
He stated that Trump has previously made it clear that he supports cryptocurrency, and at the same time, the Republican Party has gained control of both the House and the Senate, which should make the process of Congress approving cryptocurrency laws smoother. "We have the most crypto-friendly Congress in history, and we will soon have a very crypto-friendly president," Shirzad stated, "I believe this combination should ultimately allow the 50 million Americans who own cryptocurrency to express their interests and voices in policy." His comments came as the U.S. Congress is considering two key pieces of cryptocurrency-related legislation. One of them is the (21st Century Financial Innovation and Technology Act), initiated by the Republicans. This bill aims to establish a legal framework for digital assets. Earlier this year, the bill was passed in the House. The other is the (Stablecoin Transparency Act), which aims to establish a regulatory regime that provides licenses to issuers of stablecoins (tokens pegged to the value of fiat currencies like the dollar).

On the afternoon of November 27, a fire broke out in the 8500 block of Lookout Mountain Avenue in Hollywood Hills, California, USA. After receiving the alarm, 45 firefighters rushed to the scene and the fire was successfully controlled within 33 minutes. Unfortunately, Will Rothschild had already died in the fire.
The Los Angeles County Medical Examiner is currently conducting an examination on Will Rothschild's body to determine the specific cause of death, while the fire department and police are also investigating the cause of the fire.
Because of Will Rothschild's identity and his family's background, the fire caused heated discussions in American society, and many netizens and media began to speculate that this might not be a simple accident. This involves the love-hate relationship between the new President Trump and the Federal Reserve. The backer behind the Federal Reserve is the Rothschild family. Perhaps this is not a coincidence, because too many coincidences are a conspiracy.

President Biden is set to leave office in January next year, and U.S. media recently revealed that he plans to request funding from Congress to assist Ukraine before stepping down. Trump's ally Musk has expressed opposition.
(Ukrainian Truth Report) reported on November 27 that Musk opposes Biden providing new aid to Ukraine. Musk replied to a post stating 'Biden is applying for $24 billion to provide to Ukraine' saying, 'This is not acceptable.'
The U.S. Political Report revealed on November 26 that before leaving office, President Biden secretly requested Congress to allocate $24 billion to replenish the Pentagon's reserves and assist Ukraine.

Local time on Monday, Trump's transition team spokesman and future White House Communications Office director Steven Cheung made a rare statement regarding an 'internal review'.
Steven stated: 'Following standard procedures, we have conducted and completed a thorough review of the consulting agreements for the campaign team, including agreements involving Boris and others. We are now moving forward as a team to help President Trump make America great again.'
Who is this Boris? Why is there a review? What does this have to do with the personnel appointments of the 'Trump 2.0 administration'?

This is the 2105th issue of the Plain Language Blockchain.｜Plain Language Blockchain In the past two years, the crypto industry has entered a period that can be called the "integration phase". During this period, the industry has focused more on optimization work rather than "new innovations from scratch". This integration and optimization is mainly reflected in the following three aspects:
1) Infrastructure
2) Application scenarios
3) Top Winners 01 Optimization and Integration Trends of the Crypto Industry in 2024
1) Optimization: Infrastructure in 2024 The maturity of infrastructure means that encryption technology will no longer be a bottleneck for the development of the industry. This achievement is due to the optimization of a large number of technologies rather than a disruptive new architecture. These optimizations may have made the encryption industry ready for the "bull market" for the first time, including:

Every successful man either strives to meet his father's expectations or to atone for his father's sins - Barack Obama."
Obviously, Musk, the world's richest man, chose more about how to make up for his father's sins and to give his children effective and warm fatherly love.
I remember when he was interviewed by the host, he said: Xwa is his childhood self, and he can complete his childhood.
But in fact, no matter what Musk does or what he achieves, he may not be able to redeem the image of his father that remains in his heart, which is inseparable from his childhood experiences.

According to the latest news from Reuters, informed sources revealed that President-elect Trump's transition team is developing a comprehensive energy plan, which will be launched within days of Trump's inauguration.
The plan includes approving export licenses for new liquefied natural gas (LNG) projects and increasing oil drilling on U.S. coastal and federal lands. Additionally, Trump plans to repeal some key climate legislation and regulations from the Biden administration, such as tax credits for electric vehicles.
According to U.S. media reports, Trump's team has provided a timeline for resolving the Russia-Ukraine conflict. On the 24th local time, Trump's appointed next National Security Advisor Mike Waltz stated that Trump is very concerned about the escalation of the Russia-Ukraine conflict and hopes to end it through negotiations.

Article/As early as during Trump's first term, the infamous 'China Initiative' severely persecuted academic personnel. Although it was later terminated by the Biden administration, there are now signs of a 'resurgence', making it a 'lingering poison'.
On November 24 local time, a commentary article by Bloomberg pointed out that with Trump confirming his return to the White House, concerns have been raised again that the 'China Initiative' may be restarted. The author of the article clearly stands from the perspective of the U.S. side, 'earnestly' advising that this initiative not only failed before but would 'play right into China's hands' if resumed, as it would not only undermine American innovation but also give China the upper hand in the technological competition.

The deep blue state of California is set to clash with Trump, with the primary beneficiary Elon Musk being unfairly caught in the crossfire. California plans to push electric vehicle purchase subsidies, excluding Tesla.
According to Bloomberg, on Monday, November 25, California Governor Gavin Newsom announced that if U.S. President-elect Donald Trump abolishes federal subsidies, California plans to offer rebates to electric vehicle buyers. A program that California exited in 2023 could be restarted to replace the $7,500 tax credit policy.
The California Governor's office stated that the current proposal includes market share limits that would exclude Tesla's popular electric vehicle models. Details of the proposal will be discussed with the state legislature and may change in the future. The Governor's office stated that such limits are set 'to create market conditions for more of these types of automakers to establish a foothold.' It is currently unclear if other automakers are also being excluded.

Musk plans to launch a free tax filing app.
This news scared Wall Street and the US tax filing giants, and their stock prices fell a lot. The US tax law is frighteningly complicated, and ordinary people simply cannot understand it. Every year they have to spend a lot of time and money to hire tax experts for help. Musk wants to use this APP to make tax filing simple and fast, which can not only help taxpayers save money, but also improve government efficiency.
However, this plan is not so easy to implement.
On the one hand, it has to be technically acceptable, but on the other hand, those giants who make money from tax services will definitely not let it go easily and will definitely find various ways to obstruct it.

The UK (Sunday Times) reported on November 25 that, according to defense sources, Trump plans to issue an executive order to discharge all transgender service members from the U.S. military.
The order could be issued on his first day back in the White House, January 20. It is believed that there are currently about 15,000 active transgender service members in the U.S. military. They will be discharged for medical reasons, determining that they are unsuitable for service. This will also lead to a ban on transgender individuals from serving in the military; however, currently, almost all branches of the U.S. armed forces have failed to meet their recruitment goals.

Trump, the controversial figure in American politics, announced a shocking plan to the world even before formally returning to the White House – he wants to declare a state of emergency in the U.S. and use the military to expel up to 11 million illegal immigrants! This news is like a heavy bomb, instantly igniting public opinion in America and globally. Trump, what exactly do you want to do?
Looking back at Trump's first term, he ignored enormous public pressure and insisted on building the border wall, a move that won him the support of many conservative voters. Now, his methods seem even more radical and reckless. He claims that these illegal immigrants threaten America's economy and security and that action must be taken immediately. But is that really the case? We must point out that the core contradiction of America's immigration issue is not that there are too many illegal immigrants, but rather that conservative voters have no outlet for their dissatisfaction with legal immigrants and can only divert it to illegal immigrants. Legal immigrants are already American citizens, protected by law and morality, and cannot be easily expelled. Thus, illegal immigrants become scapegoats, the targets for conservative voters to vent their frustrations. However, the job options available to these illegal immigrants in America are limited; do they really threaten the interests of conservative voters? Probably not.

In 2016, before Trump was elected president, he expressed his hope to limit the terms of congressional members. In 2018, after becoming president, Trump reiterated that he wanted to 'drain the swamp' and limit congressional members' terms to a maximum of two terms (12 years) for senators and a maximum of six terms (12 years) for representatives.

This year, Trump was elected again. After several senators in the Senate indicated they would refuse Trump's previous nominee for Attorney General, Gaetz, I saw many people saying that Trump would vigorously promote efforts to limit the terms of congressional members during this term. Trump certainly wants to do this, especially wanting to limit the terms of senators. But the question is: how difficult is it?

On November 19, Trump personally traveled to southern Texas to watch the launch of the SpaceX Starship rocket. This move highlighted his close relationship with SpaceX founder and billionaire Musk.
At the same time, as Musk has entered Trump’s core circle, it would be easy for him to create a situation where he is both a referee and an athlete in the US aerospace industry, which could lead to adjustments in US space policy and drastic changes in the industrial structure.
How will Trump's election affect the US aerospace industry? This question sparked discussion almost immediately after his victory, and the reason directly points to his relationship with Musk. In the aerospace field dominated by national power, Trump will play a key role as the head of government. On the other hand, SpaceX, founded by Musk, is the leader in the US space field, not only transporting cargo and astronauts, but also providing key services to NASA and the US military. After Trump takes office, he will reappoint the director of the National Aeronautics and Space Administration (NASA), review or adjust space policy, and so on.

1. The three major factions of the Trump camp
2. Trump will form a diverse cabinet
3. Trump nominates Rollins as Secretary of Agriculture
1. The three major factions of the Trump camp. On November 23, Eastern Time, (Washington Post) reported that based on interviews with some of Trump's close aides and the recent struggles within Trump's team over nominations and appointments, it is believed that there are three major factions in Trump's camp.
First, the MAGA faction led by Trump's eldest son Donald Jr., including elected Vice President Vance, far-right host Tucker Carlson, and others;
Secondly, the campaign team led by White House Chief of Staff Susie Wiles, appointed by Trump, includes James Blair, Tyler Budowich, and others;

In the global automotive industry's race, electric vehicles are undoubtedly the mainstream of the future.
However, with the rapid transformation of the global market, the United States is quickly losing its leading position in this revolution, while China is leading this trend with unstoppable momentum. According to reports, U.S. media stated that the world's richest man, Musk, has abandoned the vision of launching affordable electric vehicles in the United States. Even if Trump is re-elected as president, it cannot be realized, as it is meaningless; the current state of the U.S. automotive industry cannot support this dream.
The affordable electric vehicles referred to here are ordinary electric vehicles priced at $25,000. The issue facing American car manufacturers is not that they cannot produce electric vehicles priced at $25,000 at all, but that they cannot produce electric vehicles priced at $25,000 that are practical; more critically, they cannot achieve mass production.

Denver Mayor Mike Johnston has publicly stated that he will resist President-elect Donald Trump's planned large-scale deportation policy for illegal immigrants.
Mike Johnston stressed that if the federal government's actions are illegal or immoral, he will not only encourage citizens to protest, but also said that he is willing to go to jail for it. In an interview with the media, Johnston mentioned that he believes that Denver residents will resist the federal government's tough immigration policies through peaceful protests and civil disobedience.
He said: "If anyone tries to infringe on the rights of our citizens, I will definitely stand up and protest. Denver people will not stand idly by." Earlier, he mentioned that if federal law enforcement agencies tried to enforce the deportation policy in Denver, there might be "50,000 Denver citizens" who would stand up to stop it. He described this scenario as "Denver's version of the darkest hour" and called on citizens to unite and protect vulnerable immigrant groups.

Although Trump seems to have gained complete control after winning this year's election, he still faces significant resistance to do as he pleases. According to the American 'Politico' website, Gates, nominated by Trump for Attorney General, has announced his withdrawal from the nomination due to a lack of support amid strong opposition from Senate Republicans.
The reason Gates faced opposition is related to a sexual scandal involving him. He was accused of having relations with a minor in 2017—this incident was exposed years ago but did not gain traction until Gates received Trump's nomination for Attorney General, at which point the mainstream American media (mostly pro-Democrat) began to hype it up. It is clear that this is a counterattack by the Democrats against Trump.

According to reports from U.S. media citing sources, Trump's lawyer and advisor Boris Epstein was blocked from entering Mar-a-Lago to attend a meeting.
Another close aide of Trump, Howard Lutnick, stated that this meeting was not being held for him. Epstein also refused to back down, cursing and shoving Lutnick aside. Many reporters witnessed this scene.
It seems that Trump will soon face a problem: what to do about unequal distribution of spoils in the future? His subordinates are all motivated by the interests of sharing the spoils, and conflicts are bound to arise among them. Many people have already begun to express dissatisfaction with Elon Musk, feeling that he has interfered too much in Trump's choices.