Trump intensifies attacks on Fed Chair Powell
MSNBC· 2025-07-01 13:07
Welcome back. President Trump is ramping up his pressure campaign on Federal Reserve Chair Jerome Powell, urging him to cut interest rates by a lot. The president's latest demand came in a handwritten letter held up by White House press secretary Caroline Levit at a press briefing yesterday.You see her there. Trump penned a message to Powell in Sharpie on a list of world central bank rates, writing in part, quote, "Jerome, you are as usual too late. You have cost the USA a fortune." The president has repeat ...
Trump Calls Zohran Mamdani a 'Pure, True Communist'
Bloomberg Television· 2025-07-01 13:03
I'm about to have such a hard time condemning the phrase worldwide. What. I think it's terrible.He's a communist. The last thing we need is a communist. I said there will never be a socialism in the United States, that we have an economy that I think is bad news.And I think you're going to have a lot of fun with him watching him because he has to get right. This is going to get his money. And don't worry, he's not going to run away with anything.I think he does. Frankly, I've heard he's a total nutjob. I th ...
LIVE: Federal Reserve Chair Jerome Powell speaks at an ECB panel in Portugal — 7/1/2025
CNBC Television· 2025-07-01 13:03
Federal Reserve Chairman Jerome Powell speaks at a European Central Bank forum on Tuesday morning. The panel focuses on the macroeconomy amid policy shifts. It takes place in Sintra, Portugal. Other panelists include: Andrew Bailey, Governor of Bank of England; Christine Lagarde, President of European Central Bank; Chang Yong Rhee, Governor of Bank of Korea; and Kazuo Ueda, Governor of Bank of Japan. Powell's commentary comes after the U.S. Federal Reserve once again held interest rates steady at its policy ...
The New Rules of Building Wealth | Bullish
Bloomberg Originals· 2025-07-01 13:00
- So, what's the best investing advice you've ever gotten. - Start now. Buy low, sell high.- Take 10% of every check and invest it. Where do you look for for investing advice. - Online.I just look on YouTube, just - Just Google and hope for the best if I'm honest. Have you ever invested before. I invest a lot into my cat.What's the best investment you ever made. Dogecoin. - Really.Yeah, I didn't know it was gonna blow up the way it did. - What's the worst investment. - Probably like an NFT.- Do you find tha ...
Trump on Tax Bill: We're Doing Well
Bloomberg Television· 2025-07-01 12:53
Are there parts of the bill or amendments that you think cut too much. We're going to have to see the final version. I don't want to go too crazy with guys I don't like. I don't like cuts.There are certain things that have been cut, which is good. I think we're doing well. We're going to have to see.It's very complicated stuff. Great enthusiasm, as you know. And I think in the end, we're going to have it.We will get a good bill. Does it have to go through item by item by item and pass this stuff one at a ti ...
Trump on Deporting Elon Musk: ‘Have to Take a Look’
Bloomberg Television· 2025-07-01 12:53
I don't know, I mean, we'll have to take a look. We might have to put DOGE on Elon Musk , you know. You know, what DOGE is.DOGE is the monster that has that might have to go back and eat Elon. Wouldn't that be terrible. He gets a lot of subsidies.Peter But Elon is very upset that the EV mandate is going to be terminated. And you know what. When you look at it, who wants that.Everybody wants an electric car. I don't want an electric car. I want to have maybe gasoline, maybe electric, maybe a hybrid, maybe so ...
Rep. Jason Smith on tax bill: I strongly oppose the argument that this bill adds to the deficit
CNBC Television· 2025-07-01 12:53
The House of Representatives waiting to see if the Senate signs off on President Trump's sweeping tax and cut spending cut and spending bill. Joining us right now with where things stand at the moment is Ways and Means Committee Chairman Jason Smith. And chairman, thank you for being with us today.It's always great to be with you. So, Congressman, let's talk through what's happening. The House sent a bill to the Senate, told them, "Don't touch much of this because we have very thin margins in the House. If ...
President Trump: Elon Musk could lose a lot more than just the EV mandate
CNBC Television· 2025-07-01 12:52
We do have President Trump. He's just been departing the White House. He has some comments that were taped as he was leaving and here's what he has to say.It's the East Coast version and it should be very exciting, very good. Worked very hard on it with Ron and everybody and I think it's going to be great. And then I'll be back here fighting for the bill and I hear it's going okay.We'll move it along. Uh but we'll be back here pretty early. Mr.. Who thinks the president used warning some Republicans not to ...
Richard Haass: Trump has enormous leverage if he decides to use it on Netanyahu
MSNBC· 2025-07-01 12:47
Israeli Prime Minister Benjamin Netanyahu will visit the White House next Monday, his third trip to Washington during Donald Trump's second term. The visit comes just weeks after the US brokered a fragile ceasefire between Israel and Iran following American air strikes on Iranian nuclear sites. Since then, attention has returned to Israel's war against Hamas in the Gaza Strip as President Trump renews his push for a ceasefire there and for a hostage release deal.Negotiations over Gaza remain stalled with bo ...
France says 'au revoir' to smoking in parks and beaches
NBC News· 2025-07-01 12:39
It's a bit too much doing this kind of law because like it's a bit over protecting children also like I think it's I don't want to take a general discussion but for me it's like you have to do um better job like in uh make the the the people the children know what is smoke, know why it's. ...