Americans deserve lower interest rates. We want to see the cost come down on mortgages and car loans and credit cards. Those lower interest rates matter.But Donald Trump's chaotic tariff policy is making it a whole lot harder to get to that place. Donald Trump promised on day one he would lower costs for families. And here we are more than 150 days in and all he's doing is driving up costs for families in order to produce giveaways for millennials.Chair Pal said yesterday that he would have lowered the inte ...

But your next guest says a power struggle at the Fed could actually boost stocks. Joining us now is the aforementioned David Zervos who has mysteriously taken the chair of Christina Parsons. That was quick. We just It's amazing how that happens in television. Two Greeks though, I think, right? One Greek for another. That's fantastic. No, no judgment. You're both equally great. Uh, thanks for joining us, David. Always a pleasure. Why would a fight at the Fed be good for stocks? I don't think there's a fight. ...

Let's bring in Muhammad Ali. Muhammad is gonna have a few thoughts on this for sure. Alian's chief economic adviser, Muhammad.And here's the thing with the president's um kind of furer at Powell who is is not being very dovish right now. And and we've seen this with Supreme Court picks as well. You know, you think you're getting a conservative and you know, so is the president going to go out of his way to get someone who he thinks is going to be Look at everyone he's appointed to his cabinet the second tim ...

It is possible like I say tariffs are the all imported goods is only 11% of GDP. So if it stays in its lane it can be have a modest impact. I'm a friend and fan of Governor Wallers.We get along very well. My and I do think in a theoretical he's right that a one-time tariff ought to be in theory a transitory inflation shock. But like I said, I gave a speech at the big auto symposium in in January which went just went through the thing that everyone knows that was literally the same logic at the time of CO th ...

Financial Performance - Company achieved $137 billion (13.7% billion) in profits last year [1] - Company anticipates exceeding last year's profit [1] - Interest rates around 5% contribute approximately $75 billion (7.5% billion) to profits [2] Investment Strategy - Company invests in gold and Bitcoin [2] Market Outlook - Federal Reserve did not cut interest rates [1] - Company expects improved performance this year [2]

Market Trends & Economic Policy - The Nasdaq 100 climbed over 4% in June, indicating a strong performance in the tech sector [1] - Nvidia reclaimed its position as the most valuable company after a dip in January [1] - Senator Warren believes Trump's economic chaos, particularly tariffs, hinders interest rate cuts [2][3] - The Fed's inflation forecast increased from 25% to 31%, while GDP growth prediction decreased from 21% to 14%, attributed to Trump's tariffs [3] - Oil prices are back down to $64, influencing decisions to wait and see what happens [1] Federal Reserve & Monetary Policy - President Trump is considering naming a new Fed chair as early as this summer, potentially influencing investor expectations [1] - Potential Fed chair candidates include Kevin Walsh, Kevin Hasset, Scott Bessent, David Malpass, and Christopher Waller [1] - The dollar has slid about 10% this year [1] - The Fed acknowledges fiscal policy can theoretically add to inflation [3] Legal & Regulatory Issues - A mediator proposed a $20 million settlement between President Trump and Paramount Global over a 60 Minutes interview [2] - Paramount offered $15 million to settle the suit, but Trump's team seeks $25 million and an apology [2] - FCC Chairman Brendan Carr indicated a third-party complaint about the interview's edit could affect the Paramount Sky Dance merger review [2] - The Federal Housing Finance Agency is directing Fannie Mae and Freddie Mac to consider crypto assets in mortgage loan risk assessments [2] Vaccine & Public Health - Robert F Kennedy Jr's new vaccine advisory panel includes members with unabashed antivaccine views [1][19] - The panel is focusing on the MMR and varicella vaccine, with concerns about febrile seizures [20] - There are discussions about removing thyarasol, currently in 4% of vaccines, and alum from vaccines [23][24] - MMR vaccination rates are declining, with over 50% of states below herd immunity [41]

Chicago Fair President Austin Goulby joins us now exclusively here on CNBC. Austin, you heard the data and I don't need you to comment on the details of the data unless of course you want to, but the everything looks like it's doing a little better. You know, the desert island indicator jobless claims it just really fails to go up and maybe it's it it it's green going to yellow, but it's just barely.So, what's your take on this data. I mean, I thought two things. One, I gotta go I gotta get Rick over to the ...

I want to start with this data and maybe we can spend some time on a palace intrigue later on. Jobless claims, initial claims lower than expected, continuing claims higher than expected and creeping higher over the past few months. From your vantage point, president title, how much weight would you put on one versus the other.And what's the labour market picture look like in your point of view, your opinion. Well, the labor market is shaping up to be solid and the data today confirmed that. Now, continuing ...

Rick Santelli is standing by at the CME in Chicago. And uh Rick, take it away. Let's see the numbers.Yes. And there are a lot of numbers, so we're going to go slow. And let's start with well, let's start with durable goods, shall we.On durable good orders, we're expecting a number that's going to be somewhere in the vicinity of up 8 to 8 and a half% on a preliminary, not coming across the screen. So, we're going to switch gears. We're going to look at the trade balance minus 96.6% billion.So the good news t ...

We're just a week away from the White House's uh self-imposed July 4th deadline to pass President Trump's mega bill. But even if it passes the Senate this week, the version they're sending back to the House is getting push back from some Republicans joining us now, Republican Congressman Chip Roy. Uh and you've made some some strong uh cases in the past on how you feel and you feel strongly congressman.Is is the Senate version in from what you know uh a a better do you like it more than than what the House ...