Tuesday, June 10, 2025

Bloomberg Exclusive Exclusive Bessent Emerging as a Contender to Succeed Fed’s Powell

Treasury Secretary Scott Bessent Testifies Before House Appropriations Subcommittee
Tierney L. Cross/Bloomberg
Exclusive
Bessent Emerging as a Contender to Succeed Fed’s Powell
Trump said Friday he would name a successor "very soon" to replace Jerome Powell, whose term as Fed chair ends in May 2026.
S&P 500 Rises on Trade Prospects
6,038.81USD
9:5513:206.00K6.03K6.05K
Big Take: At the US-China Negotiating Table (Podcast)
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Big Take: At the US-China Negotiating Table

LA Protests

US Deploys MarinesCalifornia to Sue USGlendale ICE Contract
US-POLITICS-IMMIGRATION
Ringo Chiu/AFP/Getty Images
ICE Protests Downtown Los Angeles
Jason Armond/Los Angeles Times/Getty Images
Protests Erupt In L.A. County Sparked By Federal Immigration Raids
Mario Tama/Getty Images
APTOPIX Immigration Raids Los Angeles
Eric Thayer/AP Photo
Immigration Raids Los Angeles
Ethan Swope/AP Photo
US-POLITICS-IMMIGRATION
Patrick T. Fallon/AFP/Getty Images
US-POLITICS-IMMIGRATION
Apu Gomes/AFP/Getty Images
US-ENVIRONMENT-POLLUTION-COAL
Andrew Caballero-Reynolds/AFP/Getty Images
Exclusive
Trump Poised to Repeal Biden Curb on Power-Plant Pollution
Trump Says FEMA Phaseout to Begin After Hurricane Season
Hydrogen Tax Credit Rescue ‘On the Table,’ Key GOP Senator Says

Bloomberg Opinion

The Mekong River’s Tragic Makeover
China and Its Neighbors Are Ravaging the Mekong
China and Its Neighbors Are Ravaging the Mekong
Beijing’s formidable influence has traction because no country or authority officially controls the historic waterway.
By Daniel Moss, Columnist
People Are Worried About Private Market Liquidity
By Matt Levine, Columnist
LEVINE
The White House Wants This Fight With Los Angeles
By Ronald Brownstein, Columnist
Ron Brownstein
A College Degree Is No Longer a Risk-Free Investment
By Allison Schrager, Columnist
Allison Schrager
Education Secretary Linda McMahon Interview
Stefani Reynolds/Bloomberg
Exclusive
Education Secretary McMahon Says Harvard May See Grants Restored

Related

Harvard Probed by US House Committee for Hiring Discrimination
Trump Team Weighs Withholding Education Funding to California
Long Island Rail Road Launches Grand Central Route
Jeenah Moon/Bloomberg
NY Long Island Rail Service Resumes After Grand Central Fire
About 100 firefighters worked for several hours through thick smoke to put out the flames from an electrical fire.
Judge Refuses to Block NYC Broker-Fee Law Starting June 11
Key Speakers At Georgetown Financial Markets Conference
Al Drago/Bloomberg
Jamie Dimon Says Wells Fargo’s Asset Cap Was ‘Grossly Unfair’
‘Punishment should fit the crime, not be something you don’t understand at all.’
Earlier
Freed From Scandal, Wells Fargo Sets Its Sights on Growth
Citi to Set Aside More Money for Potential Losses on Loans

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Elon, Inc: What's Elon's Next Move? (Podcast)
Listen (29:15)
Elon, Inc: What's Elon's Next Move?
Dan Wang on Trump’s Opportunity to Learn From China
Newsletter: Odd Lots
Dan Wang on Trump’s Opportunity to Learn From China
Switch 2 Resellers Drive Thriving Market in Japan Despite Crackdown
Newsletter: Tech In Depth
Switch 2 Resellers Drive Thriving Market in Japan Despite Crackdown
Trump Tariffs Threaten to Derail US Midwest’s Factory Revival
Newsletter: Supply Lines
Trump Tariffs Threaten to Derail US Midwest’s Factory Revival
How the ‘Long Bond’ Showcases America’s Budget Deterioration
Newsletter: Economics Daily
How the ‘Long Bond’ Showcases America’s Budget Deterioration
RFK Jr.’s Vaccine Panel Purge Shakes Scientists — and Polio Survivors
Newsletter: Prognosis
RFK Jr.’s Vaccine Panel Purge Shakes Scientists — and Polio Survivors
Bloomberg News Now

Listen to the latest: Stocks Edge Up on China Talks, Bessent Considered for Fed Chair

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