Some of the biggest names on Wall Street are getting louder about importance of an independent Fed as the White House pressure on Powell intensifies.
Some top executives at Wall Street banks have been showing concern about inflation and potential deterioration of US economy as tariffs take effect.
Merrill Lynch continued to expand ultra-high-net-worth client base in Q2 of 2025, even as market turbulence and seasonal headwinds dampened as flows.
Trump tempered reports from earlier in day that suggested he planned to fire Fed Chair Jerome Powell imminently.