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Trump Denies Plan to Ax Powell, BofA's Moynihan on Earnings | Bloomberg Businessweek Daily 7/16/2025
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July 16, 2025
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56:54Now PlayingOn 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.
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