Fed Reserve Vice Chair for Supervision Michelle Bowman said she saw merit in waiting to lower rates further given elevated inflation and uncertainty over potential distortions in economic data stemming from last year’s government shutdown https://t.co/pMsaxIqXU6 ...

Hello everyone. Today we are going to talk about what I think the government should be doing to get prices down and make life more affordable for everyday Americans. We're live today from the desk of Anthony Pompiano.Before we get into today's episode, I need your help. We've got over 42,000 subscribers, but you watching right now, you ain't hit the button yet. Hit the subscribe button and let's get into today's show.All right. I don't think it's a secret to anybody that affordability is the single biggest ...

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 ...

Guide: The Federal Reserve & the Fed ChairThe Fed Chair shapes global liquidity through interest rates, which makes the role one of the most important drivers of crypto market cycles. With Kevin Warsh nominated by Trump for the next Chair, the stakes are high for crypto.Our research team wrote a guide breaking down how the Fed works, Trump’s nominee for Fed Chair, and why it matters for crypto. Check it out below: ...

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 ...

Market Overview - Bitcoin remained stable at $83,873, increasing by 0.2% on the day, while gold and silver prices experienced significant declines, with gold dropping nearly 9% to $4,877 per ounce and silver plunging 28% to $82 per ounce [1] - The CBOE Gold ETF Volatility Index surged to 46.02, the highest since March 2020, and the Cboe Silver ETF Volatility Index peaked at 123.03, marking a record high since its launch in 2011 [2] Interest Rate Expectations - The recent market movements indicate that traders have rapidly adjusted their expectations regarding interest rates and liquidity, which typically impacts precious metals negatively [3] - The selloff in precious metals coincided with President Trump's nomination of Kevin Warsh to replace Fed Chairman Jerome Powell, which has implications for monetary policy [3][4] Cryptocurrency Sentiment - Bitcoin's trading range on Friday was between approximately $82,000 and $84,000, following a sharp decline from $88,000 to nearly $81,000 [5] - Market sentiment among Bitcoin users is mixed, with a 57.5% probability of Bitcoin rising to $100,000, while skepticism remains high as indicated by the Crypto Fear & Greed Index, which dropped to 16, the lowest level since the beginning of the year [6][7]

Core Viewpoint - Kevin Warsh, nominated by President Donald Trump for the next chair of the Federal Reserve, is characterized as a "stone-cold hard money guy" and has long advocated for reducing the Fed's balance sheet, raising skepticism among economists regarding his ability to implement quick interest-rate cuts while balancing the Fed's goals of price stability and maximum employment [1]. Group 1 - Kevin Warsh's nomination reflects a shift towards a more conservative monetary policy approach, emphasizing the importance of controlling inflation and reducing the Fed's balance sheet [1]. - Economists express doubt about Warsh's capacity to deliver rapid interest-rate cuts, suggesting potential challenges in achieving the dual mandate of the Fed [1].

Group 1 - President Donald Trump has announced Kevin Warsh as his pick to lead the Federal Reserve, which has sparked a mixed reaction among investors and lawmakers [3][4][37] - The confirmation process for Warsh is expected to be contentious, with key Republican Senator Thom Tillis planning to block the nomination until the Department of Justice's inquiry into Jerome Powell is resolved [4][53] - Warsh's past as a Fed governor from 2006 to 2011 indicates a hawkish stance on monetary policy, particularly regarding inflation and interest rates [6][39] Group 2 - January saw record high-grade sales in the U.S., totaling over $208 billion, marking it as one of the busiest months ever for bond sales [26][27] - Morgan Stanley led the way in high-grade sales, with significant demand for offerings from companies like AT&T and IBM [27] - The bond market is currently experiencing tight credit spreads, which may not be reliable indicators of future market conditions [28][49] Group 3 - Warsh has expressed criticism of the Fed's current approach to monetary policy, particularly regarding quantitative easing and the size of the balance sheet [9][12][70] - There is uncertainty about how Warsh's views will align with the current Federal Open Market Committee, especially regarding interest rates and economic growth [21][62] - The market is cautious about the potential for Warsh to bring about significant changes to the Fed's balance sheet and interest rate policies [19][40][72]

>> 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 ...

And a good Friday morning to you. We're following some breaking news. >> A major change in the works at the Federal Reserve.It is January 30th. This is today. Breaking news.President Trump tapping his replacement for Chairman Jerome Powell at the Fed just moments ago. A former member of the board, Kevin Worsh. What the White House is saying about his pick and the potential impact on what you pay.Here it comes. Another major storm taking aim at millions this weekend. Parts of the south still coping with ice ...