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The Tornado Cash Lawsuit Advances

The Breakdown

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The Treasury's Cash Balance Is Precariously Low

Tuesday is currently looking as the likely day for a vote in the House. The bill needs to be fast tracked through the Senate and onto the president's desk ahead of June 1. Wednesday's spending was the biggest one-day drop in the cash balance since May 15. Government accounts now sit on their lowest balance since December 2021.

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