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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

Economy

Morning Bid: Fed Easing Bets Reach Fever Pitch

Spurred on by Trump and Bessent expectations for rate cuts are reaching fever pitch with markets starting to price in small chance of half point cut.

Companies

There’s a Good Reason Stocks Continue to Hit All-Time Highs—Most Companies are Beating Expectations, JPMorgan Says

With inflation largely under control investors appear to be assuming that the US Federal Reserve will deliver a 0.25% interest rate cut in September.

News

Massachusetts Securities Regulators Filed Civil Complaint Against Barbara Hirshfield

Massachusetts securities regulators filed civil complaint against Barbara Hirshfield alleging she turned finance company into $7Mn Ponzi scheme.

Events

Markets Have Convinced Themselves They’ll Get a September Interest Rate Cut

Markets have convinced themselves they’ll get a September interest rate cut. Now they’re eyeing a double reduction.

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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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