Just today, we talked about this topic. First of all, any negation of Trump's proposal will inevitably shake the market. Even the current progress of the cryptocurrency industry is driven by Trump. Any veto of Trump will certainly be greatly hindered. After all, Trump's "face" is the focus of his maintenance. More importantly, if the "Great Beauty" bill is shelved or even vetoed, Trump's ability to advance the agenda in Congress will be severely affected, and the implementation of the tariff plan will also be hindered as a result. This not only affects the implementation of its economic policies, but can also shake the "credit system" constructed by Trump himself, thereby weakening his legitimacy in leadership among core voters and financial markets. If this series of policy failures continue, Trump's image of an economic strongman may not be stable, and the market will reassess its governance stability. Although the direct impact on the stock market may not be significant, it may fundamentally raise questions about Trump's policies.