Squawk Pod 5 Things to Know Before the Opening Bell 9/12/2025
Sep 12, 2025
Get the latest scoop on market movements and Federal Reserve dynamics. Legal maneuvers involving President Trump and his bid to remove a key Fed figure are heating up. Treasury Secretary Bessent is on the hunt for the next chair of the Fed. Adobe shares are climbing, while RH faces revenue pressures. Plus, AI powerhouse Super Micro has started shipping Nvidia Blackwell chips globally. Tune in for key insights that could shape your investment decisions!
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Trump Seeks Fast Ruling On Fed Firing Bid
- Lawyers for President Trump asked an appeals court to let his bid to fire Fed Governor Lisa Cook proceed before next week's FOMC meeting.
- The DOJ asked for a ruling by Monday to affect the upcoming rate-setting meeting timeline.
Timing Could Influence Fed's Policy Meeting
- The Department of Justice pushed for a Monday ruling to influence the Fed's meeting schedule and decisions.
- Timing could potentially affect the FOMC's deliberations and makeup before policy votes.
Bessent Interviewing Multiple Fed Chair Candidates
- Treasury Secretary Scott Bessent has interviewed multiple candidates for Fed chair, including Larry Lindsey, Kevin Warsh, and James Bullard.
- Bessent plans to wait until the FOMC blackout ends before interviewing sitting Fed officials.