Monica Ricks

Kevin Hassett is so good.

I'm saying, wait a minute.

If I move him, these Fed guys, certainly the one we have now, they don't talk much.

I would lose you.

It's a serious concern to me.

Hassett has been a top contender to succeed Fed Chair Jerome Powell.

But Trump's effort to fill Fed vacancies is already facing some roadblocks in the Senate.

Bloomberg's Stuart Paul explains why.

That's Bloomberg's Stuart Paul on Bloomberg Intelligence.

President Trump has said he plans to announce his nominee for Fed chair in the next few weeks.

Traders, meantime, are dialing back expectations for Fed rate cuts this year due to Trump's comments on Hassett.

And stocks and treasuries aren't moving too much today.

The Dow is relatively flat.

The Nasdaq and S&P right now up about a tenth of a percent.

The 10-year Treasury yields at 4.2 percent.

The two-year yields at about 3.6 percent.

President Trump's threatening fresh tariffs on goods from nations that oppose his push to take control of Greenland.

I may put a tariff on countries if they don't go along with Greenland because we need Greenland for national security.

But a bipartisan group of U.S.

lawmakers is in Denmark today to reassure Danes that Congress is opposed to Trump's threat to seize the territory.