Alex Ossola

Matt, one second.

Let me just tell listeners BDCs are business development companies that typically make high interest loans to companies.

And this BlackRock fund we're talking about is an example of one.

That was WSJ reporter Matt Wertz.

Thank you, Matt.

A spokesman for BlackRock declined to comment.

As we mentioned on this morning's show, President Trump has named his pick to lead the Federal Reserve.

It's 55-year-old Kevin Warsh.

Wall Street isn't sure what to make of Warsh yet.

Many are optimistic that Warsh will preserve the Federal Reserve's independence, even as they're also concerned he might be far from the easy-money kind of Fed chair that President Trump wants.

The conflicting views were reflected today by falling stocks, a rallying dollar, and the worst day for gold and silver in more than four decades.

Gold fell 11 percent and silver dropped 31 percent.

Warsh still has to be confirmed by the Senate, and the government's criminal investigation into current Fed Chair Jerome Powell might complicate that.

Republican Senator Tom Tillis of North Carolina said today that, though he considers Warsh a qualified nominee, he would oppose Warsh's confirmation until the Powell probe is resolved.

Coming up, are you trying to eat more protein?

Fast casual restaurant chains want to help you with that.

That's after the break.

With just hours to go, the Senate is grinding toward a vote later today to fund the government.

If it passes the Senate, it still needs approval from the House, which isn't expected to return until Monday.

That means at least a brief partial shutdown of the government is likely.