Eswar Prasad of Cornell writing the following The president has now declared open war on the US institutional framework, which underpins the dollar's dominance in global finance, as well as other aspects of US financial supremacy. Each word joins us now for more Asia. Welcome back to the program, sir.Let's just take your line of thinking. If we have declared open war on US institutions, why are you seeing signs of damage. So if one thinks about what are the key elements of the institutional framework that, ...

“The Fed’s politicisation will contribute to an erosion of credibility.” On “The Intelligence” we discuss how Donald Trump’s attempt to fire Lisa Cook has damaged the Federal Reserve https://t.co/j4FmLGO1Il ...

Market Concerns - Investors are worried that Donald Trump's efforts to control the Federal Reserve could lead to the use of central bank tools to address America's growing debt, which is not a typical central bank function [1] Potential Risks - The market is concerned about the potential misuse of the Federal Reserve's tools to fix America's ballooning debt bills [1]

The Fed shouldn't “go to war” with the White House, says @claudia_sahm, but it can and should explain to Congress, markets and the public what is at stake (via @opinion) https://t.co/sTB7b4OhxH ...

Trump vows to go to court to remove Governor Lisa Cook, as the White House considers ways to extend its influence across the Fed's regional banks.Get the latest news you need to start your morning with the Daybreak Europe Podcast https://t.co/QD60ij2t2f ...

Bitcoin Market Analysis - Discusses reasons for Bitcoin's price decline [1] - Explores the relationship between Bitcoin and money supply [1] - Analyzes future trajectory of Bitcoin [1] - Examines Bitcoin as a consensus trade [1] US Economic Outlook - Considers feedback from Jerome Powell and Jackson Hole [1] - Assesses the situation with Lisa Cook and its implications [1] - Discusses the pressure from the White House [1] - Explores predictions for the next 10 years of the US economy [1] - Questions whether Powell will cut interest rates [1]

Federal Reserve Independence & Economic Policy - The report highlights President Trump's efforts to exert partisan pressure on the Federal Reserve (Fed), including attempts to fire a member, Lisa Cook, and influence the board's majority, raising concerns about the Fed's independence [1] - Financial experts widely view Trump's reference to investigating Lisa Cook for a mortgage application as a pretext to consolidate power over the independent Fed [1] - The Fed released a statement reaffirming its commitment to accountability and independence, indicating less compliance with Trump's desires [1] - The report emphasizes that politicians who interfere with the independence of central banks are "playing with fire," as historical examples show that autocratic control over economies often leads to market crashes, shortages, and even famine [1][2] - The weakening dollar, down 10% over the year, and increasing long-term borrowing costs are cited as practical effects of undermining the Fed's independence, leading to less purchasing power and higher loan rates for Americans [11][12] - The report mentions that short-term focused presidents may push for looser monetary policy, which might be good in the short term but bad for all in the long term if prices go up [15] Trump Administration & Power Consolidation - The report suggests Trump's actions are part of a wider effort to undermine career independence across the federal government, reminiscent of purges aimed at ousting career prosecutors and labor statisticians [1] - The Trump administration's desire to buy up private companies to exert more control is highlighted, exemplified by taking a tenth stake (10%) in chipmaker Intel [2] - The report mentions Trump musing about a dictatorship, raising concerns about the erosion of democratic norms [3][4] Epstein Case & Political Implications - Congress will question former Trump labor secretary, Alex Acosta, about the secret deal he cut in the Epstein case [29] - Ghislaine Maxwell's interview, where she claims to have never seen any problems from Trump, is viewed with skepticism, with some suggesting it was a scripted effort to seek a pardon [31][40] - The report highlights conflicting claims about the existence of an Epstein client list, with Trump's former attorney general claiming it existed and Maxwell denying its existence [36][37][38] Cultural & Political Commentary - The report touches on Trump's desire to control Hollywood and pop culture, viewing him as one of the most anti-First Amendment presidents in history [58][61]

The Senate Banking Committee is preparing to hold a hearing next week on the nomination of White House economic adviser Stephen Miran to serve as a Federal Reserve governor, as Donald Trump accelerates his push to reshape the central bank https://t.co/1sQFn9V85a ...

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer, my friends.I'm just trying to make you a little money. My job is not just to entertain, but to explain, put in context. Call me at 1800743 CBC. Tweet me at Jim Kramer.We want to have a conscience. We want to make a judgment about what the president's doing, whether or not it's right. When he does something outrageous, we can lament, complain, shrug our shoulders.But the one thing we can't do is sell the stock of Invidia because of President Trump's a ...

Interest Rate & Fed Policy - Potential changes in the Federal Reserve leadership, including the possibility of Lisa Cook being replaced, could influence the market's perception of interest rate policies [1] - The market anticipates that President Trump will appoint someone who favors lower interest rates when Powell's term ends next year [2] - The yield curve is steepening due to expectations of short-term rate cuts, which ironically could increase inflationary pressure in the long run [3] - The focus is on whether inflation is under control, given that governments globally have significant debt and desire lower yields to reduce debt servicing costs [8] - Rate cutting cycles have historically been negative for the equity market, with major corrections or bear markets occurring in six out of the last eight instances [9][10] Inflation & Bond Market - Despite pressure to lower rates, inflation may persist and could become a long-term issue [4] - The gap between the 2-year and 30-year Treasury yields has widened to its largest in several years [4] - If rate cuts stimulate inflation, long-term yields are expected to rise [7] - The bond market may challenge the Fed's policies by selling off, leading to higher yields [13] Global Economic Context - The trend of focusing on inflation being not under control and governments having massive debt piles is happening globally [8] - The Bank of England cut rates, but now they have inflation at an 18-month high, and bond yields have been rising [11] - There is a good chance that a rate-cutting cycle could be initiated because things are breaking down globally [12]