Republican candidate Donald Trump's view of the rate cut is on the negative side, arguing that either the economy is in very bad shape or it's political maneuvering. Democratic candidate Harris, on the other hand, welcomed the rate cut.

In media interviews at the end of the event, Trump said he could end the electric car tax credit if he is elected and would be willing to appoint Musk as an adviser.

At 8 p.m. on August 12, Trump and Musk held an online meeting lasting more than two hours.

On Monday evening, Aug. 13, local time, former U.S. President Donald Trump engaged in a live conversation with Tesla CEO Elon Musk on the X platform. Musk offered himself a role in helping to cut federal spending during Trump's second term in office. This seems to indicate that the world's richest man, is increasingly integrating himself into American politics. Musk has called for the creation of a government commission to ensure that taxpayer money is spent effectively, and said he would like to play a role in the process. Musk said "I'd be happy to help on such a commission if it's formed." Trump praised Musk for the idea.

On Monday night, Musk and Trump had a live conversation on the X platform, in which they discussed several topics involving U.S. politics in a two-hour conversation.

Trump has said that if he returns to the White House, he will ensure that the government retains its entire bitcoin holdings and classifies bitcoin as a strategic reserve asset of the United States.

Trump: "I'm a big fan of electric cars and a big fan of Musk."

Biden stated that he will fully support and endorse US Vice President Harris in obtaining the Democratic presidential candidate nomination.

Musk has indicated plans to donate approximately $45 million per month to a Super Political Action Committee (PAC) supporting Trump's presidential campaign.

Mark Sobel argued that Trump's re-election as president could threaten the dollar's global dominance.

While the Fed and the U.S. government remain independent of each other, the possibility of pressuring the Fed to cut interest rates after Trump's election is not ruled out.

As the "favorite to win the US presidential election" this year, Trump's chances of winning the election have also increased after being hit by a bullet.

Kitonyi judged that gold bulls will demand the continuation of the current rebound in gold prices and rise to 2448 US dollars per ounce or higher at 2497 US dollars per ounce.