- President Trump eases up on Chairman Powell.
- See Yahoo Finance,
- “Trump told reporters from the Oval Office on Tuesday that he “never did” intend to remove Powell, though he reiterated his desire for the Fed chair to reduce interest rates. “I would like to see him be a little more active in terms of his idea to lower interest rates,” the president said.
- Trump’s comments marked a clear softening in tone toward Powell, offering relief to investors who had feared a growing rift between the two could add to uncertainty in a market already shaken by tariffs.”
- See Yahoo Finance,
- Musk announces plans to spend more time at Tesla and less time at DOGE.
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