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Trump blames the shooting incident on the unfinished White House banquet hall

Trump stated in a post: "What happened last night (referring to the White House Correspondents' Dinner shooting incident) is exactly why our great military, Secret Service, law enforcement, and past presidents over the last 150 years have demanded the construction of a large, secure banquet hall within the White House. If it weren't for the military's top-secret banquet hall currently being built at the White House, this incident would not have occurred. The sooner it is built, the better!It is not only beautiful but also equipped with all the highest-level security facilities. Furthermore, it does not have upstairs rooms that allow unauthorized personnel to enter freely, and it is located within the gates of the safest building in the world—the White House. The absurd lawsuit regarding the banquet hall raised by a woman walking her dog must be withdrawn immediately; she is not qualified to file such a lawsuit. Nothing should interfere with the construction of the banquet hall, which is well within budget and progressing far ahead of schedule!"It is reported that the shooting incident at the White House Correspondents' Dinner occurred at the Washington Hilton. In July 2025, the Trump administration launched a renovation plan for the East Wing of the White House, intending to demolish the existing building and construct a large banquet hall of approximately 8,300 square meters, capable of accommodating about 1,000 people, along with supporting facilities such as an underground hospital and air raid shelter, with a budget of $300-400 million entirely funded by private donations (from tech giants, etc.) to address the severe space shortage of the current state dining room.After the project quickly demolished the East Wing, it faced lawsuits from organizations such as the National Trust for Historic Preservation for bypassing congressional authorization, national historic preservation review, and public opinion solicitation procedures. Federal Judge Richard Leon has repeatedly ruled that the president does not have the authority to unilaterally undertake large-scale renovations of historically significant White House buildings, ordering a suspension of above-ground construction, currently in a legal tug-of-war state of "underground safety facilities may continue, above-ground banquet hall construction suspended."

Circle initiated a proposal on the Aave forum to raise the maximum deposit interest rate for USDC to 48.2%

Circle Chief Economist Gordon Liao initiated a proposal on the Aave governance forum, suggesting an emergency adjustment to the USDC interest rate parameters in the Aave V3 Ethereum main pool to address the situation where the pool's utilization rate has remained at a very high level of 99.87% for four consecutive days following the KelpDAO attack incident.Liao stated that Aave's current interest rate mechanism has failed to effectively "clear" the market. The current supply of the pool is $1.89 billion, with the borrowing amount also at $1.89 billion, and available liquidity is less than $3 million. The borrowing interest rate remains at the upper limit after the inflection point (around 14%), and over the past 24 hours, the pool size has shrunk by about $60 million—this is due to repayment funds being used one by one to meet the withdrawal demands in the queue.Therefore, the Slope 2 parameter in the USDC deposit interest rate curve should be immediately increased from about 10% to 40% through the Risk Steward mechanism, and further confirmation to raise the target to 50% should be achieved through governance voting within 5 to 7 days. Meanwhile, the optimal utilization will be adjusted down from 92% to 87% during the transition phase, and after final confirmation, it will be reduced to 85%. According to Liao's proposal, under the new parameter settings, when the utilization rate reaches 100%, the maximum USDC deposit interest rate will increase from about 12.6% to 48.2%.
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