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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.

Bitcoin Price To Surge As Trump Pushes Debasement Trade ‘Into Overdrive,’ Analysts Say

Further devaluation of the US dollar in 2026 will send Bitcoin’s price soaring, analysts say.

Bond Traders’ Big Bet For 2026 Vindicated By Soft US Job Growth

Bond investors’ overarching wager on the path of the Federal Reserve and the Treasuries market in 2026 looks like it has room to run.

Recent

Commentaries

Why Buffett Cancelled "Woodstock For Capitalists"

Buffett said "events have moved very fast" since he discussed the weekend in his Feb. 22 shareholder letter. His doctor says he's fine.

Commentaries

Trump Wants Fed To "Get On Board" But Powell Is Not At Risk

President Donald Trump said he has no plans to demote Federal Reserve Chair Jerome Powell but asserted that he has the right if he so desires.

Washington Wire

Mnuchin: Slowdown But No Recession

Treasury Secretary now says the freshly negotiated stimulus package will keep the novel coronavirus pandemic from causing a U.S. recession.

Commentaries

Ex-Hedge Fund Guy: Virus Is Economic "Nuclear Warhead"

To preserve public safety, he thinks they'll have to shut down all economic activity within their borders because of the subtle viral spread.

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Popular

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

Economy

'Inflation Will Surprise to The Downside in 2026':

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

Companies

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

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