This is Wall Street week. I'm Michael McKee in for David Westin who's out on assignment. This week, the news all of Wall Street has been waiting for President Donald Trump announcing his pick for the next chair the Federal Reserve.Kevin Warsh, a former bank executive and Fed Governor during George W. Bush’s presidency, is set to take over from Jay Powell when he leaves t the seat in May, pending confirmation in the Senate. On the heels of Trump's announce I spoke with Fed Governor Stephen Miran who might fi ...

I know like oversight over ICE was cut down quite significantly, but do we know where the 170 billion is going. >> There's about 45 billion in the big beautiful bill for detention. And again, for context, uh historically, like on an annual basis, ISIS had like three three half billion a year for detention.when Trump won the election and when they're taking office, you you could see already um some of these like private prison operators that typically contract with the federal government were sort of like, y ...

It wasn't that long ago you and I were having a conversation about the Saudi borrowing figures for this year. And I remember one of the elements of the discussion that came up is that they were looking for other sources of funding beyond public markets. This seems to be another perhaps innovative way of them getting and tapping into funding, but from within the kingdom.Absolutely. That's very right. Joanna.So you've really got two key factors that are at play here. And the first is, as you said, around the ...

Africa is growing into a sports betting powerhouse with South Africa, Nigeria and Kenya leading the charge. Legal gambling revenues across the continent is on the rise, reaching an estimated $9 billion. A young and growing population, rapid mobile technology adoption and a shift in consumer habits have all helped fueled the boom.While some researchers even argue that Africa's shared passion for football has opened the door for the betting industry. If you go into gambling shops, for instance, you'll find ou ...

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D.C. TYLER: WELCOME TO OUR TV AND RADIO AUDIENCES WORLDWIDE. I AM TYLER KENDALL ALONGSIDE JOE MATHIEU. JOE: BREAKING NEWS. SEVEN HOURS TO MIDNIGHT AND KEY VOTING UNDERWAY ON A SERIES OF AMENDMENTS IS THE SENATE SCRAMBLES TO AVOID A GOVERNMENT SHUTDOWN. THERE IS ALSO BIG NEWS INVOLVING BLS. WE ARE ABOUT TO GET FRESH REACTION ON THE PRESIDENT'S PICK FOR KEVIN WARSH TO BE THE NEXT FED CHAIR. WE ARE JOINED BY DEMOCRATIC SENATOR FROM MASSACHUSETTS ELIZABETH WA ...

If you were still running the House of Representatives, would you have members back here on Monday to answer whatever takes place tonight. Well, I think the speaker making the right call is making the right call to get members back Sunday. Monday is going to be a long day, though, and the pressure has to build in order for the House to come to a reasonable conclusion. Time is a key element and pressure is a key element to have a solid House vote and the Speaker's managing that fairly well.How are Republican ...

Kevin Warsh, a former bank executive and Fed Governor during George W. Bush’s presidency, is set to take over from Jay Powell when he leaves t the seat in May, pending confirmation in the Senate. On the heels of Trump's announce I spoke with Fed Governor Stephen Miran who might find a like minded colleague in the new Fed chair.Chairman Designate Warsh has a long and illustrious career and history as a very insightful thinker on monetary policy. I think he's a fantastic pick from the president. I think he's ...

>> FOR FINANCIAL MARKETS, JANUARY CAME IN LIKE A LION, BUT GOES OUT LIKE A LAMB. LIVE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I ROMAINE BOSTICK. >> I'M KATIE GREIFELD.WATCHING THE CLOSING, THE BIG NEWS IS PRESIDENT TRUMP NOMINATING KEVIN WARSH AS THE NEXT FED CHAIR. WHAT AN INTERESTING CROSS ASSET PICTURE WE HAVE TO LOOK AT. THE S&P 500 DOWN BY .60%.VERY SLIGHTLY POSITIVE FOR THE WEEK. YOU LOOK AT THE CURVE, INTERESTING REACTION IN THE TREASURY MARKET TRANSLATING INTO YOUR FIVE 30'S CURVE HIGHER BY ABOUT FOU ...

The deal, as you understand it, on the table between Democrats and President Trump to put new restrictions on ice or enough for you to vote yes tonight. Well, remember, this is only the first step in getting those restrictions in place. We've got six funding bills.The Democrats have said five can go forward, but that's six one. That includes ICE funding. Now that one has to stop and we're going to put some serious restrictions in place before ICE gets more money.You're obviously counting, though, on two to ...

The United States is flirting with a historic milestone this year. For the first time since the government first started counting in 1790, the US population may actually shrink in 2026. Even if that line isn't crossed just yet, experts across the immigration debate agree on one thing.Trump's second term is speeding the country towards a tipping point where immigration no longer makes up for fewer births and more deaths that we see in an aging population. The tougher the immigration crackdown, the sooner pop ...