President Donald Trump has set off a fresh round of worrying about his approach toward the Federal Reserve with his statement that his pick for the next Fed chair is “coming out very soon.”

President Donald Trump called Federal Reserve Chair Jerome Powell a “numbskull” for refusing the president’s requests that he drop interest rates. Trump, who has often clashed with Powell during his second term,

Trump pressures Fed Chair Powell for major rate cuts, citing savings, and signals possible replacement amid growing tensions.

Trump also reported income in 2024 of more than $57 million from World Liberty Financial, the Trump family crypto startup.

U.S. President Donald Trump filed his first public financial disclosure report of his term on Friday, providing what he said was the latest information about his holdings, including income from his family's foray into cryptocurrencies.

The White House, a metonym that refers to the president himself, said the business ventures are not a conflict of interest

Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.

U.S. President Donald Trump, who had threatened to move his red Tesla at the White House amid his recent feud with the electric vehicle maker's billionaire CEO Elon Musk, on Thursday (June 12) praised the car brand.