Trump Denies Plan to Ax Powell, BofA's Moynihan on Earnings | Bloomberg Businessweek Daily 7/16/2025

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Trump Denies Plan to Ax Powell, BofA's Moynihan on Earnings | Bloomberg Businessweek Daily 7/16/2025 On Bloomberg Businessweek Daily, Tim Stenovec and Katie Griefeld discuss President Trump's reported threat to fire Federal Reserve Chair Jerome Powell and subsequent denial. Bloomberg's David Westin also spoke with Bank of America CEO Brian Moynihan on the bank's earnings. Moynihan said picking the next Fed chair is the president's "right." Stuart Paul, Bloomberg Economics US Economist, Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams, and Bloomberg News Mike McKee broke down the latest on Powell. Ken Leon, Director of Equity Research at CFRA discussed big bank earnings. Chapters: 00:00:00 - Bloomberg Businessweek Daily Starts 00:02:51 - Stuart Paul on Fed Beige Book, Trump Denying Plan to Fire Chairman Powell 00:15:06 - Gina Martin Adams Outline Stocks Whipsawing as Trump Pours Cold Water on Reports of Powell’s Dismissal 00:20:59 - CFRA Director of Equity research Ken Leon on Second Batch of Big Banks Reporting Earnings 00:28:06 - David Westin Sits Down with Bank of America Chair & CEO Brian Moynihan 00:46:09 - Mike McKee on Trump Refuting Reports of Powell Firing, WH Official Expects Trump to Move Against Fed Chair Soon 00:52:44 - Alexandra Semenova Breaks Down Stocks on the Move -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: Follow us on X: Subscribe to our Podcasts: Bloomberg Daybreak: Bloomberg Surveillance: Bloomberg Intelligence: Balance of Power: Bloomberg Businesswee
  2025/07/16      youtube

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