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Wall Street Jolted By Trump-Fed Fight | Bloomberg Businessweek Daily 1/12/2026

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January 12, 2026

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On today's episode of Bloomberg Businessweek Daily, Tim Stenovec and Emily Graffeo discuss market reaction to the DOJ's subpoena of the Federal Reserve. Bloomberg's Enda Curran and Michael Contopoulos of Richard Bernstein Advisors join the show to discuss. Plus, Pfizer CEO Albert Bourla joins Bloomberg from the JPMorgan Healthcare Conference to discuss the pharmaceutical giant's weight-loss drug outlook, and Acadia Pharmaceuticals CEO Catherine Owen Adams on her firm's net-gen neuroscience treatments, including for Alzheimer's. Finally, Pretium Co-President Stephen Scherr joins the show alongside Bloomberg's Sridhar Natarajan to discuss President Trump’s bid to ban corporate homebuying.

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Guests & Subjects Covered

Emily GraffeoMichael ContopoulosRichard Bernstein AdvisorsJPMorgan Healthcare ConferenceBloomberg's Sridhar NatarajanPresident TrumpsBuisnessweek Daily BeginsEnda Curran Bloomberg News

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