Jennifer Schonberger

Three weeks ago I asked Fed Chair Powell why he hasn't requested a meeting with Pres Trump. The Fed Chair said he would never request a meeting w the president it would be the other way around. Well today the president asked for a meeting.

Yahoo Finance @YahooFinance

President Trump met with Federal Reserve Chair Jerome Powell for the first time during his second term. @jenniferisms explains: https://t.co/tlk38Oj8Ca

Senate clenches 60 votes tonight on a bill to regulate stablecoins passing a key procedural hurdle that paves the path forward for final passage on long-awaited rules to safeguard the digital dollars as soon as later this week.

.@Coinbase CEO @brian_armstrong tells me $COIN joining the S&P means crypto is here to stay. He's also optimistic about reviving the defunct stablecoin bill in the Senate and clarified that they are not seeking a banking license.

Yahoo Finance @YahooFinance

“I don’t think there should be any sort of prohibition on paying interest for yield on stablecoin assets,” Coinbase CEO @brian_armstrong says. https://t.co/mCUzda3bkR

.@Coinbase CEO @brian_armstrong also told me that $COIN won’t be required to obtain a banking license so as a result has no “need or desire to pursue that.” If there were a change in law, they could consider it.

.@coinbase CEO Brian Armstrong tells me he’s hearing there’s a new consensus forming on the Senate stablecoin legislation and that he’s hopeful that the vote could happen today/tomorrow or early next week.

RT @YahooFinance: “Just one day after the Federal Reserve opted to hold interest rates steady, President Trump resumed his criticism of Fed…

RT @YahooFinance: “I’ve never asked for a meeting with any president, and I never will. I wouldn’t do that; there’s never a reason for me t…

What to watch in Chair Powell's press conference this afternoon and Tsy Sec Bessent & USTR Greer will hold introductory talks with China this weekend.

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What investors should listen for in Fed Chair Powell's press conference this afternoon: https://t.co/xChgvRupUc

U.S. talks with China are indeed starting this weekend

Treasury Secretary Scott Bessent @SecScottBessent

Thanks to @POTUS, the world has been coming to the US, and China has been the missing piece—we will meet on Saturday and Sunday to discuss our shared interests. The current tariffs and trade barriers are unsustainable, but we don’t want to decouple. What we want is fair trade. https://t.co/MYc4XvqME8

Tsy Sec Bessent heads to Switzerland Thursday where he will meet w the pres of SWISS and discuss trade. While in Switzerland, Bessent will also meet with the lead representative on economic matters from the People’s Republic of China. China talks starting?

RT @YahooFinance: “Treasury Secretary Scott Bessent told House lawmakers this morning that the US could announce some trade deals with our…

Labor Secretary Lori Chavez DeRemer tells me she’s seeing a strong picture for job growth on the ground which is matching the official data

Yahoo Finance @YahooFinance

The resilience shown in April's job report "is not surprising," @SecretaryLCD tells @jenniferisms, adding: "This is exactly what I knew the president was going to do. ... The Golden Age is here." https://t.co/aFsPwF04yY

Q1 GDP # was clearly skewed as companies front loaded on inventory. Q is will growth in Q2 pop back into positive territory. Ests were for 0.4% for q1, which is still paltry OR will it be another razor thin contraction marking a recession? Looks bad but consumption is still solid

Bessent just said in the Oval that he had a great meeting with South Korea and that “We may be moving faster than I thought, and we will be talking technical terms as early as next week. We could reach an agreement on understanding as soon as next week."

Bessent: it's going to be a two step process when it comes to China. First tariffs have to come down in a "mutual way" before talks can start and talks will be btwn Trump and Xi at the highest level