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26.06.25 - 12:31
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Trump Ratchets up Powell Pressure, Russia Sanctions on EU Summit Agenda | Bloomberg The Pulse 06/26 (Bloomberg)
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President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term expires next year. “I know within three or four people,” Trump said Wednesday during a press conference at The Hague, where he is attending the NATO summit. “I mean he goes out pretty soon, fortunately, because I think he's terrible.” Trump did not name his potential replacements for the central banker nor did he lay out a timeline for a decision. Powell's term as chair ends in May 2026. In Brussels, EU leaders are meeting to discuss fresh sanctions on Russia, US tariffs and their response to the Middle East conflicts.
Today's guests: Beata Manthey, Citi European Equity Strategy Head, Carl Bildt, European Council for Foreign Relations Co-Chair & former Swedish Prime Minister, George Arison, Grindr CEO, Chuka Umunna, JPMorgan Global Head of Sustainable Solutions & EMEA Head of Green Economy Investment Banking (Source: Bloomberg)...
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