Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

On today's podcast:
1) An appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now, allowing her to continue working while her lawsuit challenging President Trump’s move to dismiss her proceeds. The court's 2-1 ruling came just hours before the start of the Fed's meeting to vote on interest rates, and President Donald Trump could still ask the Supreme Court to step in.
2) President Trump is bringing a $15 billion defamation and libel lawsuit against The New York Times, according to a post on Truth Social. The suit is being brought in Florida, Trump says. The president accuses the publication of becoming a “mouthpiece” for the Democratic Party, citing its endorsement of former presidential candidate Kamala Harris among other concerns.
3) The Securities and Exchange Commission is "prioritizing" a proposal to reduce the frequency of corporate earnings reports after President Trump called for an end to quarterly reports. Trump said companies should report on a "Six (6) Month Basis" instead of quarterly, which he claims will save money and allow managers to focus on running their companies. Critics argue that shifting away from quarterly reporting could be a "gigantic step backward" and increase uncertainty and volatility on earnings results.

See omnystudio.com/listener for privacy information.

Jaksot(1590)

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28 Marras 202516min

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Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump; Hasset Frontrunner For Fed Chair

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On today's podcast:1) US presidential envoy Steve Witkoff, fresh from the triumph of the Gaza peace deal, held a phone call last month with a senior Kremlin official to suggest they work together on a...

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Trump Moves to Preserve Xi Truce While Reassuring Ally Japan, Moscow and Kyiv Trade Fire

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On today's podcast:1) US President Donald Trump held back-to-back calls with the leaders of China and Japan, as escalating tensions over Taiwan threaten to derail his weeks-old trade truce with Beijin...

25 Marras 202515min

Latest on Talks to End War in Ukraine; Stocks Rise to Start Week

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