Aug 24 — Fed shake-up, debt milestone and a crypto surge

• Treasury buybacks doubled and a new Fed chair installed — liquidity injection plus a regime shift at the central bank sent Bitcoin up 25% to near $80,000 in days. • US public debt crossed $40 trillion for the first time, amplifying fiscal pressure on the Treasury and Fed to keep long-term rates contained. • Canada announced counter-tariffs on $20B of US goods starting September 8, escalating the North American trade dispute and pressuring USMCA supply chains.