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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

News

Finra Suspends Advisor for Client Impersonation—Counsel Cites Client Advocacy as Motive

An Oklahoma-based financial advisor has been suspended by Finra for impersonating clients during a series of phone calls to his former brokerage firm.

Family Wealth Watch

Robinhood CEO Says It’s a ‘Tragedy’ Retail Can’t Tap Private Markets

Robinhood Markets Inc. CEO Vlad Tenev said retail investors are largely excluded from the “huge opportunity” available in private markets.

Portfolio Construction

Margin Debt Surges to Record High as Investor Risk Appetite Hits ‘White Hot’ Territory

Wealth advisors tracking investor behavior have new data point to monitor: margin debt surged to record high, signaling investor sentiment.

Washington Wire

Left-Wing Hedge Fund D.E. Shaw Fears ‘Reprisals’ Over DEI From Trump Administration: Sources

Staffers at the notoriously secretive hedge fund D.E. Shaw fear the wildly lucrative left-wing firm could face “reprisals” from Trump administration.

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Popular

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

The Trust Advisor

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

Economy

'Inflation Will Surprise to The Downside in 2026':

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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