Chairman Designate Worsh has a long and illustrious career in history as a very insightful thinker on monetary policy. I think he's a fantastic pick for the from the president. I think he's got enormous credibility. I think he's got enormous gravitas. I think he's got enormous enormous respect from financial markets, from economists, from everyone.I think he's going to do just a a knockout job. He's been there before. He knows how the place operates. He knows a lot of the a lot of the key figures involved.A ...

Let's start high level, because I know that you've been posting about this on Substack this morning. I would love to hear your reaction to Kevin Warsh being nominated, announced as President Trump's nominee, and what you make of the reactions to that as well. Okay.So there's a lot of politeness. A lot of people here are not saying what they think. I mean, Warsh is it could have been worse.I mean, that's I guess what we learned in the last the last year is that things can always be worse. But Warsh is very m ...

Can we know much about Kevin Warsh Because so many people in the president's circle really make a huge shift in order to endear themselves to Donald Trump. So, I mean, it's unclear whether or not he's still an inflation hawk, isn't it. Yes, I think it is. I think the short answer to your question is yes.It's hard to know what will actually happen when Kevin Warsh is confirmed and in the seat. Kevin Warsh does have experience as a governor and knows all too well the challenges of engineering and forging a co ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. There it is behind me, Carol Massar Tim Stenovec in the radio room.Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube a day Carol Massar That, of course, has been consumed by the attention on Kevin Warsh, the nominee to succeed Jay Powell. But it kind of obscures some real volatility ...

A staggering quarter in terms of design iPhones, specifically in terms of China. In China, massive tailwind services strong. I don't say best case scenario that you could have seen the stock performance today.I'd say it's a massive head scratcher. I mean, this is well, this is one where I think this stock should be up 5 to 8% relative to what they perform and the guidance. But I think it also just comes down to and we've talked about so much in the show, Right.Is that what's the strategy. What's the moderni ...

What is sort of technically your last 24 hours as a Fed governor. Your term is up tomorrow, but you're staying on. Thanks for having me back.It's good to see you again. Look, as you say, my term expires over the weekend. But per the Federal Reserve Act, I will be staying in my seat until someone is confirmed to replace me, presumably Chairman designate Kevin Warsh.This is common practice and has happened many times by other governors who have waited for someone else to be confirmed into their seat. Now the ...

Are you giving Iran any kind of deadline to make a deal for protection. Only they know for sure. Have you communicated.Yeah. I have a right to that timeline for when you're going to pull back potentially the federal presence there. So we'll see how it all works out.You know, they have to float someplace. They might as well float near Iran. But it's a rough situation going in.So I stopped 837 people, as you know, last week from being hung. They were going to hang 830 was all set. And I mean, I'm looking at t ...

>> I AM KATIE GREIFELD. BLOOMBERG REAL YIELD STARTS RIGHT NOW. KATIE: COMING UP, PRESIDENT DONALD TRUMP ANNOUNCES HIS LONG ANTICIPATED PICK TO LEAD THE FEDERAL RESERVE AS ONE KEY REPUBLICAN LAWMAKER DOUBLES DOWN ON HIS COMMITMENT TO BLOCK THE PRESIDENT'S BID.JANUARY HIGH-GRADE SALES COME IN AS ONE OF THE BUSIEST MONTHS, EVER. WE BEGIN WITH THE ISSUE. THE FUTURE OF THE FED UNDER KEVIN WARSH.>> INVESTORS KNOW HIM. THEY ARE COMFORTABLE WITH HIM. >> I THINK THE PRESIDENT HAD ARRANGE A OF BETTER CHOICES. I THINK ...

I I'd love to be able to find a deal uh so that we could, you know, get a contract and move on. Uh but it's going to have to be reasonable and it's going to have to reflect the fact that we are the leader in benefits, wages for people that uh work 20 hours or more in our company. um because it has to be sustainable so that all 400,000 partners and all 250,000 partners in the United States can continue to have a great experience, a great career, and you know, frankly, get great uh development and growth pers ...

Just last week, the House approved a spending bill that includes billions in spending on the Department of Homeland Security and ICE, and that was also approved by a Republican majority. How would you describe this political inflection point for Congress. Republicans know that if the DHS spills spun off, they sort of lose their leverage for getting any compromise through the door.They want it to be this bigger, more encompassing package of spending bills that would essentially fund about half of the governm ...