Squawk Pod 5 Things to Know Before the Opening Bell 6/25/25
Jun 25, 2025
Discover how Treasury Secretary Scott Bessent predicts a smooth passage for President Trump’s tax bill. Explore the excitement around a $200 million funding round for betting site Polymarket. Dive into the new opportunities for crypto investors seeking private company access. Learn about chip design firm Ambarella’s potential sale and the impressive quarterly results expected from Micron. Plus, gain insights into investment strategies that promise to maximize potential!
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Trump Tax Bill Progress
- Treasury Secretary Scott Bessent expects Senate passage of President Trump's tax and spending bill this week.
- The SALT deduction cap deal between House and Senate Republicans is also anticipated soon, impacting tax policy.
Polymarket's Rising Valuation
- Polymarket is nearing a $200 million funding round valuing it at about $1 billion.
- This showcases growing investor interest in prediction market platforms.
Crypto Access to Private Shares
- Republic is launching digital tokens replicating private shares of SpaceX.
- This approach may democratize access to private companies but hasn't been tested with regulators yet.