Trump Moves to Fire Fed Governor Cook; Trump Latest Tariff Threat

Trump Moves to Fire Fed Governor Cook; Trump Latest Tariff Threat

On today's podcast:
1) President Trump moves to fire Lisa Cook, but the Fed Governor says she's not going anywhere. It follows allegations that she falsified mortgage documents, citing "sufficient cause" to fire her. Cook said Trump has no authority to fire her, and she won't quit, with her lawyer planning to take "whatever actions are needed to prevent" Trump's "illegal action."
2) The president issues a new trade threat against countries with digital services taxes. President Trump threatened to impose fresh tariffs and export restrictions on advanced technology and semiconductors in retaliation against other nations’ digital services taxes. Trump said these taxes "are all designed to harm, or discriminate against, American Technology" and give a pass to China's largest tech companies.
3) French stocks fall as the country's Prime Minister calls a confidence vote. F2rench assets are under pressure due to concern the government will fall in a showdown over proposed budget cuts, according to Bloomberg.

See omnystudio.com/listener for privacy information.

Episoder(1637)

Instant Reaction: Stocks Surge After Trump Statement

Instant Reaction: Stocks Surge After Trump Statement

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Trump's Iran Deadline Nears; Sharp Selloff in Markets

Trump's Iran Deadline Nears; Sharp Selloff in Markets

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Bloomberg Daybreak: Mortgage Rates, Denmark Election, BYD Earnings

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Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran pressed ahead with attacks on Arab states in the Persian Gulf even after Israel signaled it would refrain from hitting ...

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Trump Calls for Iran De-escalation; Oil and LNG Jump

Trump Calls for Iran De-escalation; Oil and LNG Jump

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key targets, fue...

19 Mar 15min

Iran Vows Revenge; Trump Says War May End Soon

Iran Vows Revenge; Trump Says War May End Soon

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iranian attacks on Israel and Arab states in the Persian Gulf continued overnight into Wednesday, while President Donald Tru...

18 Mar 16min

Iran Hits UAE Gas Field; Trump Delays China Summit

Iran Hits UAE Gas Field; Trump Delays China Summit

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran set a massive natural gas field in the United Arab Emirates ablaze as it steps up attacks on key energy sites, while US...

17 Mar 15min

Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran denied US President Donald Trump’s assertion that it wants ceasefire talks, launching fresh attacks across the Persian ...

16 Mar 16min

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