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.

Avsnitt(1591)

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Trump and Republicans Mourn Charlie Kirk; Effects of H-1B Visa Fee

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On today's podcast:1) The president threatens TV networks that criticize him after Jimmy Kimmel's suspension. President Trump has said US broadcast networks should face scrutiny over their licenses if...

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ABC Suspends Jimmy Kimmel; Trump's UK Visit Shifts From Pomp to Politics

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Trump's Historic UK Visit; Highly Anticipated Fed Decision

Trump's Historic UK Visit; Highly Anticipated Fed Decision

On today's podcast: 1) The UK has shelved its talks with the US aimed at eliminating tariffs on British steel, in a recognition that giving Donald Trump the honor of a rare second state visit wouldn’t...

17 Sep 202516min

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US-China Trade Talks and TikTok; Hochul Endorses Mamdani

On today's podcast: 1) US and Chinese representatives discussed TikTok, trade and the economy during high-level talks in Madrid. The talks included national security issues and the status of ByteDance...

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Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next Fed decision and earnings from FedEx. In t...

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