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Stocks, Bonds Drop as Trump Picks Warsh as Fed Chair Nominee | Bloomberg Brief 1/30/2026

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January 30, 2026

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US equity futures and Treasuries fall and the dollar climbs as President Trump announces former Fed governor Kevin Warsh as his Fed Chair nominee. The president and Senate Democrats reach a tentative deal to avoid a full government shutdown ahead of the Friday deadline. Shares of Apple pare back post-earnings gains as the iPhone maker warns of rising costs. Michael Sneyd of BNP Paribas discusses the market disruption and the Fed's rate path.

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President TrumpKevin WarshFed ChairSenate DemocratsMichael SneydBNP ParibasBloomberg BriefFirst Look Movers

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Stocks, Bonds Drop as Trump Picks Warsh as Fed Chair Nominee | Bloomberg Brief 1/30/2026 · Bloomberg Television · Sentinel