Morning Briefing

Here is your morning briefing for Tuesday, September 1, 2026: 

🏛️ Domestic Policy & Government

• Army Secretary Resigns: US Army Secretary Dan Driscoll has submitted his resignation to President Donald Trump. The decision follows months of underlying friction with Defense Secretary Pete Hegseth regarding the strategic direction of the Army and the high-profile removal of several senior military officers. 
• White House Construction Allowed: The Supreme Court has cleared the way for President Trump to proceed with the ongoing construction of a new White House ballroom. 

🌐 International Affairs

• G-20 Summit Underway: Global financial leaders are currently gathering in North Carolina for the G-20 summit to discuss major international economic and market policies. 
• UN Chief in Kyrgyzstan: UN Secretary-General António Guterres has arrived in Bishkek, Kyrgyzstan ahead of tomorrow's Shanghai Cooperation Organization (SCO) summit. He has already begun holding a series of bilateral meetings with regional heads of state. 

📉 Finance & Markets

• Yields Hit Multi-Year Highs: A sharp, widespread global bond selloff has pushed Treasury yields to their highest levels since 2008, putting significant downward pressure on Wall Street stock futures ahead of the trading day. 

🪙 Crypto & Market Assets

• Bitcoin Rally Pauses: At approximately 8:40 AM EDT, Bitcoin is trading at $77,801.88. While the digital asset recently broke out to multi-month highs, it has eased downward this morning. The broader crypto space is feeling pressure as the global bond selloff drives up rate hike expectations ahead of the Fed's decision later this month. 

📈 Corporate News: Strive Inc. (ASST)

• Massive Bitcoin Acquisition: Asset manager Strive Inc. (ASST) announced a major purchase of 1,800 Bitcoin for roughly $143 million. The buy—executed between August 24 and 28 at an average price of $79,431 per token—vaults the company's total corporate Bitcoin treasury to 23,156 BTC. 
• Stock Surges on Treasury Strategy: Fueled by its aggressive accumulation strategy, ASST surged 11.41% yesterday to close at $24.22 per share. The company funded its latest digital asset acquisitions by raising equity capital via its at-the-market common stock program. In pre-market activity, the stock is holding steady, last quoted up over 8.7% at $23.64 as traders digest the aggressive balance sheet expansion.