Instant Reaction: Trump Moves to Fire Fed's Lisa Cook
President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post at the US central bank in the wake of allegations from a White House ally that she falsified documents on mortgage applications. “The American people must be able to have full confidence in the honesty of the members entrusted with setting policy and overseeing the Federal Reserve,” Trump wrote in a letter sent to Cook on Monday, which he posted on Truth Social. “In light of your deceitful and possibly criminal conduct in a financial matter, they cannot and I do not have such confidence in your integrity.” Presidents can remove Fed governors from office, but only for cause. Laws that describe “for cause” generally define the term as encompassing three possibilities: inefficiency; neglect of duty; and malfeasance, meaning wrongdoing, in office. For instant reaction, host Doug Krizner speaks with Enda Curran, Bloomberg global economy reporter. See omnystudio.com/listener for privacy information.
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Single Best Idea with Tom Keene: Ed Yardeni
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature a conversation with Ed Yardeni. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.
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Bloomberg Surveillance TV: August 25th, 2025
- Liz Thomas, Head: Investment Strategy at SoFi- Steve Ricchiuto, Chief US Economist at Mizuho- Robert Tipp, Chief Investment Strategist t PGIM Fixed Income- Veronica Clark, Director: Citi Research Liz Thomas, Head: Investment Strategy at SoFi, talks about the outlook for the equity rally with the Fed appearing ready to ease monetary policy. Steve Ricchiuto, Chief US Economist at Mizuho, breaks down Jay Powell's Jackson Hole speech and the path for rate cuts in the US. Robert Tipp, Chief Investment Strategist t PGIM Fixed Income, talks about how the 10-year yield and the bond market could react to Fed easing to end the year, even with concerns about inflation looming. Veronica Clark, Director: Citi Research, talks about her outlook for the US economy and a weakening labor market.See omnystudio.com/listener for privacy information.
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Fed Easing and Tariffs
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 22nd, 2025Featuring:1) Ed Yardeni, Chief Investment Strategist at Yardeni Research, joins for an extended discussion the equity rally, his S&P target, and Jay Powell's Jackson Hole speech. Policymakers are grappling with inflation above their 2% goal and a labor market showing signs of weakness, with a high degree of uncertainty about how these factors will evolve, according to Chicago Fed President Austan Goolsbee.2) Henrietta Treyz, co-founder at Veda Partners, joins for an extended discussion about Congressional priorities as leaders soon return to Congress and the outlook for tariff policy heading into the fall. Making matters harder for policymakers is this week's PCE inflation gauge, which is forecast to show the personal consumption expenditures price index rose 2.9% in July from a year ago, the fastest annual pace in five months.3) Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, joins to discuss the interest rate path post-Jackson Hole. The Federal Reserve's Jackson Hole symposium was a tense affair, with Chair Jerome Powell signaling an interest-rate cut as soon as the next policy meeting in September, despite clear divisions among policymakers.4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Business Insider story on a Harvard professor's concern about AI and a WSJ story on saving to support children financially when they reach their 30s.See omnystudio.com/listener for privacy information.
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Bloomberg Surveillance TV: August 22nd, 2025
- Bruce Kasman, Chief Economist at JPMorgan- Jean Boivin, Head: Investment Institute at BlackRock- Alex Nowrasteh, VP: Economic & Social Policy Studies at the Cato Institute- Betsey Stevenson, Professor: Public Policy & Economics at the University of Michigan Bruce Kasman, Chief Economist at JPMorgan, discusses the outlook for the US economy and inflation. Jean Boivin, Head: Investment Institute at BlackRock, discusses US market and economic risks in 2025 and the outlook for economic growth in the US and abroad. Betsey Stevenson, Professor: Public Policy & Economics at the University of Michigan, previews Jackson Hole and Jay Powell's final Jackson Hole speech as Fed Chair. Alex Nowrasteh, VP: Economic & Social Policy Studies at the Cato Institute, talks about the Trump administration's economic and political priorities.See omnystudio.com/listener for privacy information.
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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