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02.02.26 - 18:54
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Confident Warsh Will Be a Good Fed Chair says Former Atlanta Fed President (Bloomberg)
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Donald Trump named Kevin Warsh to be the next chair of the Federal Reserve, ending months of speculation over who'd take charge of US interest rates as the president pushes for big cuts.
Trump elevated Warsh, who's advised him on economic policy and previously served as a Fed governor, to succeed Jerome Powell when his term at the helm ends in May. It marks a comeback for Warsh, 55, who's called for a major overhaul of the Fed but was passed over for the top job in 2017 when Trump opted for Powell. Dennis Lockhart, Former Atlanta Fed President joins Bloomberg Intelligence to discuss. (Source: Bloomberg)...
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02.02.26 - 18:32
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Vanguard Drops Its Average Fee To Just 0.06% (Bloomberg)
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Vanguard Group has unleashed another round of fee cuts across its lineup of mutual funds and exchange-traded funds, further tightening the screws on an industry already known for its low costs. Vanguard CEO Salim Ramji discusses the cuts with Kathie Greifeld on 'ETF IQ.' (Source: Bloomberg)...
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02.02.26 - 18:12
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Shift from Pensions to 401k: Masters in Business (Bloomberg)
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Barry speaks with Zach Buchwald, Chief Executive Officer and Chairman of Russell Investments, about his career in investing. They discuss the creation of the smart beta philosophy. They also discuss the transition from pensions to 401ks for retirees, and the way the onus for investing has moved to the individual. Zach also describes his proposal for a program, that is now in effect, for a $1000 to every newborn who's parents open a count to show the importance of compounding. (Source: Bloomberg)...
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