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A closer look at TSMC earnings, why markets don't like the idea of Trump firing Powell
Yahoo Finance· 2025-07-17 17:49
I'm now find executive editor Brian Todd taking a look at a live shot of the opening bells on Wall Street on this Thursday morning. An extra special I would say guests ringing the bell at the New York Stock Exchange. That is Disney CEO Bob Iger.Uh also I see I see Mickey. I see many very important guests there getting trading underway down there. They're at the Disneyland Resort in Anon, California in celebration of Disneyland's 70th anniversary.NYC President Lin Martin also there in attend. You can see her ...
X @Bloomberg
Bloomberg· 2025-07-17 14:16
Federal Reserve Governor Adriana Kugler saidthe US central bank should keep holding interest rates steady “for some time,” citing accelerating inflation as tariffs start to boost prices https://t.co/EhSuUcJFGG ...
Bank of America CEO Brian Moynihan on interest rates
CNBC Television· 2025-07-17 13:36
today unemployment rate in the low fours full employment uh the inflation rate still elevated but coming down you know I think the reality is is that the bite on the economy is a lot in a small medium-sized business area and and the reason why that happens is they borrow on their floating rate lines of credit and that rate went up substantially and it's come down a bit but it's up substantially and that slows down economic activity and you couple that with them with our commercial clients trying to figure o ...
Kevin Warsh: The Fed needs to stop defending their mistakes and vindicating their critics
CNBC Television· 2025-07-17 13:11
At Omni Luxe Ledcom. >> Want to get back to Kevin Warsh with the question that we just asked, which was around this idea that and you talked about an accord between the Treasury and the fed, which raised it in my mind. This speculation just last week that potentially Secretary Bessant could also become the head of the fed at the same time and what that would portend.>> So I don't know if I'm supposed to say this on air, but I love Scott. I think Scott is doing a great job. He and I have a similar pedigree.W ...
Can President Trump fire Powell? Inside the process to fire a Fed Chair
CNBC Television· 2025-07-17 12:15
President Trump says it's highly unlikely he will fire Fed Chairman Pal. But if the president in fact did want to remove Pal from his position, uh what would the process uh look like. Joining us with more on that, Jonathan Caner, former assistant attorney general in the Biden administration.He's also a CNBC uh contributor and our senior economics reporter uh Steve Leeman. I I would uh Jonathan I would say well he said he's not going to do it but um about a month or two ago there was some conjecture and he s ...
Hassett on Trump firing Powell: 'A highly uncertain legal matter'
NBC News· 2025-07-17 02:30
Now, the president is also pointing out that Jay Powell's term is head of the Fed. It ends next May anyway, right. And when he was asked today who could replace Powell, he was asked if one person in particular is being considered.[Music] Kevin's somebody would consider Kevin is fantastic, too. Uh we have a lot of good people for that job. It's not a tough job, to be honest.All right. In a not at all awkward segue, that man is with us right now, Kevin Hasset, the director of the National Economic Council. Di ...
Mad Money 7/16/25 | Audio Only
CNBC Television· 2025-07-17 00:26
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer.I'll be my friends. I'm just trying to make you a little money. It's my job not just to entertain but to educate, teach it.Call me 1800743 CBC tweet me Kramer. Maybe you hate Jal. Maybe you love him. Maybe you have no idea who he is.Regardless, what you need to know is that he's in charge of the Federal Reserve. So he controls what's known as short rates. That means the short-term interest rates there are are like the ones you borrow today and pay you ...
Firing Fed Chair Powell would be a 'terrible idea', says fmr. Cleveland Fed President Loretta Mester
CNBC Television· 2025-07-16 22:03
Our next guest says President Trump firing Jerome Powell is quote a terrible idea that would only have negative long-term consequences. Loretta Mester is the former president of the Cleveland Fed and a CNBC contributor, someone that knows an awful lot about the inner workings of all of this. We're lucky to have you here.Thank you so much, Miss Mester. I guess just to get started, what was your general take on how today's events played out and what you think should or should not happen. Well, it's just anoth ...
X @Bloomberg
Bloomberg· 2025-07-16 20:20
Atlanta Fed President Raphael Bostic said he still supports holding interest rates steady and pointed to recent inflation data showing price pressures are rising https://t.co/rylbcqVuNz ...
Trump: “No I haven’t drafted a letter” to fire Fed’s Powell.
Yahoo Finance· 2025-07-16 20:11
You decide that you are going to fire him. Have you drafted a letter. I haven't drafted a letter. So, you didn't show a letter to Republican lawmakers last night.No. I talked about the concept of fire. I said, "What do you think?" Almost every one of them said I should, but uh I'm more conservative than they are.Mr. . Are you completely ruling out the idea of firing Jerome Powell. I I don't rule out anything, but I think it's highly unlikely unless he has to leave for fraud.I mean, it's possible there's fra ...