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Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

by The Wealth Advisor Contributor
Sen. Thom Tillis (R-N.C.) said he will block any Trump Fed appointees, including for chair, in light of revelations of Powell investigation.

Featured

Credit Card Stocks Sink After Trump Proposes 10% Cap On Fees: 'Yikes'

Shares in major credit card lenders tumbled in early trading Monday after President Trump proposed a 10% cap on the fees these cards charge customers.

Jay Powell: DOJ Threatens Criminal Indictment

(AP) Federal Reserve Chair 

'Inflation Will Surprise to The Downside in 2026':

Wall Street expects juiced economy, stock gains in 2026. Strategists predict gains driven by rate cuts, tax incentives, lower-than-expected inflation.

Recent

Washington Wire

Powell’s Fed Seeks to Limit Pain of Unavoidable Economic Slump

Powell is hoping to avoid a freezing up of financial markets that makes the pain even worse.

Washington Wire

Kudlow: 'Most of our supply lines are working pretty well' amid outbreak

Kudlow expressed confidence that U.S. supply lines and the workforce would be largely unaffected by the coronavirus outbreak Sunday.

Washington Wire

Trump praises Fed’s surprise interest-rate cut, saying market should be ‘thrilled’

Warm words for central bank’s coronavirus response come a day after fresh threat to Powell.

Washington Wire

Senate scrambles on coronavirus package as U.S. begins to shut down

Mitch McConnell said that “senators on both sides are carefully reviewing the details." 

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The Trust Advisor

Amy Schumer Takes a $1.25 Million Loss on Iconic NYC Brownstone Amid Divorce

Washington Wire

Trump Says He Wants Government To Buy $200B In Mortgage Bonds In A Push To Bring Down Mortgage Rates

FundFocus

AI Boom Is In Early Bubble Phase, Bridgewater Founder Ray Dalio Says

Companies

JPMorgan’s Asset Management Will No Longer Use Controversial Proxy Advisors For Shareholder Votes

Practice Management

Private Equity Management Fees Hit New Low in 2025

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