President Trump expressed a preference for choosing former Federal Reserve Board member Kevin Warsh or National Economic Council Director Kevin Hassett as the Federal Reserve Chair, and revealed discussions with Warsh, emphasizing the need to cut interest rates to reduce government debt financing costs.
The U.S. Supreme Court is about to rule on the legality of the comprehensive tariffs launched by Trump in April, which may impact the stock market. The S&P 500 index has already rebounded by 39%, reaching a record high. If the ruling declares the tariffs invalid, the earnings of component companies in 2026 are expected to grow by 2.4%.