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.

Avsnitt(1626)

Gaza Hostage Exchange; Trump & Vance Open Door to China Deal

Gaza Hostage Exchange; Trump & Vance Open Door to China Deal

On today's podcast:1) Hamas freed seven living Israeli hostages from the Gaza Strip on Monday morning, following a US-led deal reached late last week. The Palestinian militant group released them to t...

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Daybreak Weekend: US Bank Earnings, New Energy Summit, Gold’s Future

Daybreak Weekend: US Bank Earnings, New Energy Summit, Gold’s Future

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings for U.S banks. In the UK – a look ahead...

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Israeli Cabinet Backs Gaza Deal; New York AG James Indicted

Israeli Cabinet Backs Gaza Deal; New York AG James Indicted

On today's podcast:1) Israel’s cabinet approved a deal that will see Hamas free all remaining hostages held in Gaza in exchange for around 2,000 prisoners, a major step toward ending a two-year war th...

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Israel & Hamas Reach Gaza Deal; China Unveils New Rare Earth Curbs

Israel & Hamas Reach Gaza Deal; China Unveils New Rare Earth Curbs

On today's podcast: 1) Israel and Hamas have reached a deal for the release of all hostages held by the militant group in Gaza, a major step toward ending a two-year war that’s devastated the Palestin...

9 Okt 202516min

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

On today's podcast:1) The Trump administration’s push to deny back pay to federal workers furloughed during the shutdown sets the stage for another round of legal battles over the president’s control ...

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Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

On today's podcast:1) With the US government shutdown closing in on the one week mark, President Trump showed signs of cracking Monday, sending mixed messages about the state of talks with Democrats o...

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French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

On today's podcast:1) French Prime Minister Sebastien Lecornu resigned Monday just a day after President Emmanuel Macron named a new cabinet, deepening the country’s political crisis. The premier quit...

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Special Coverage: Hamas Agrees To Release Israeli Hostages

Special Coverage: Hamas Agrees To Release Israeli Hostages

Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end t...

4 Okt 202517min

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