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(1594)

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9 Jan 15min

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On today's podcast:1) An Immigration and Customs Enforcement officer fatally shot a woman during a confrontation in Minneapolis, sparking an uproar over the presence of ICE agents in the city and heig...

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Trump Says Venezuela to Send Up to $2.8 BN of Oil; US Won’t Rule Out Military Force to Acquire Greenland

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On today's podcast:1) President Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes wou...

7 Jan 15min

Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

On today's podcast:1) Ousted Venezuela President Nicolás Maduro pleaded not guilty on Monday to US charges in a narco-terrorism case against him, kicking off an extraordinary legal battle with major g...

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Commodities in Flux After US Captures Venezuela’s Maduro

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3 Jan 22min

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