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)

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Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

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Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

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13 Mar 15min

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

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Massive Oil Stockpile Release; Iran Market Volatility

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Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

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10 Mar 15min

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Trump called $100 oil a “small...

9 Mar 25min

Daybreak Weekend: US CPI, Paris Nuclear Talks, Vietnam Elections

Daybreak Weekend: US CPI, Paris Nuclear Talks, Vietnam Elections

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6 Mar 38min

Iran Barrage Sweeps Mideast; House Rejects War Powers Bid

Iran Barrage Sweeps Mideast; House Rejects War Powers Bid

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