Hasset: Uncertainties Remain Regarding Fed Chair Powell's Future

May 6 – The New York Post reports that former President Donald Trump has stated it is “too soon” to prepare for a peace agreement with Iran, explaining face-to-face talks with the nation are premature at this time.

On May 6, some users received an email from MiroMind—an AI research firm under Shanda Group founder Chen Tianqiao—stating its MiroThinker service (web access at dr.miromind.ai and the MiroMind mobile app) will be suspended for users in mainland China, Hong Kong, and Macau starting May 12, 2026, with no fixed resumption date. The company’s official website will remain unaffected and operate normally. 21st Century Business Herald verified the email’s authenticity with MiroMind. Founded by Chen, MiroMind is an AI research company, and MiroThinker is an intelligent agent service it launched. The suspension comes amid escalating intellectual property disputes involving MiroMind. Last month, the firm issued an "Internal Circular Regarding Dai Jifeng's Untrue Statements," accusing the early core team member of "violating business integrity."

May 6 — U.S. White House and Treasury officials have been holding internal talks about expanding the scope of the "Trump Account" (officially designated the 530A Account), according to The New York Times. Current discussions include allowing the world’s wealthiest individuals to donate shares of their own companies. Presently, the Trump Account only permits cash investments in diversified index funds and bars stock donations. The proposal aims to access the unrealized wealth of billionaires such as Elon Musk and Huang Renjun. If rules are revised, Musk could donate Tesla or SpaceX shares directly, while Huang Renjun could contribute Nvidia stock. Instead of slow, steady returns from index funds, children would be able to hold long-term positions in high-growth large-cap tech stocks and potentially realize significant gains. Donors would transfer billions of dollars’ worth of high-value shares without incurring capital gains taxes, while claiming full charitable donation tax deduc

May 6: April U.S. ADP Employment Report shows 109k jobs added, beating the 99k forecast and prior month’s 62k reading. (FXStreet)

On May 6, the Trump family’s cryptocurrency project WLFI partnered with WorldClaw to launch WorldRouter—letting users access over 300 AI models via a single account, with claims prices are roughly 30% lower than official rates for mainstream AI models. In an official announcement, the companies noted users won’t have to switch between multiple AI tools like ChatGPT and Claude: WorldRouter will serve as the entry point for WorldClaw’s AgentOS. Built on BNB Chain, Solana and Tempo, the system supports AI agent memory, travel bookings, shopping, bill payments and transactions settled in USD1. The platform also rolled out a loyalty program: users earn AI credits and rewards by spending USD1 or staking WLFI tokens. The top tier requires spending 9,999 USD1 or staking 2.5 million WLFI tokens, netting 1 million AI credits, 30,000 loyalty points and hardware perks. Additionally, users will get the chance to attend a private event at Mar-a-Lago with Donald Trump Jr.

On May 6th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that address 0xebe...14070 has accumulated a $55.36 million long position in crude oil (CL and BRENTOIL), with entry prices of $107.1 and $112.4 respectively. Today, the address partially closed out a portion of the position, realizing a $586,000 loss. The remaining open position still carries an unrealized loss of nearly $10 million. Separately, $93,000 in funding fees were paid on the position today.