Overnight news summary on December 5th.

date
05/12/2025
1. The United States' outstanding national debt has exceeded 30 trillion US dollars, doubling since 2018. 2. Trump tightens immigration work permits, expanding crackdown on legal immigrants. 3. Trump says the United States will sign key mineral agreements with the Congo and Rwanda. 4. The director of the US FHFA is facing an investigation by federal regulators for alleged abuse of power. 5. The US Geological Survey falsely reported a "5.9 magnitude earthquake in Nevada." 6. US banks expand cryptocurrency access for wealth management clients. 7. The United States is recalling a large amount of cheese, involving supermarkets such as Walmart and Target. 8. The latest report from the Department of Defense states that the Defense Secretary's actions in the "leakgate" scandal violate federal law. 9. Fidelity International is optimistic about the trend of emerging market assets next year, saying that large-scale funds have not yet entered the market.