Morning Wire Pope Francis Tributes & “King of Kings” Box Office | Afternoon Update | 4.21.25
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Apr 21, 2025 Pope Francis makes headlines as tributes pour in from global leaders following his passing. The discussion highlights his impactful legacy and the political climate surrounding his death. Meanwhile, stock markets react to President Trump's tariff negotiations. The podcast also dives into U.S.-India trade talks amidst rising tensions with China. On a lighter note, it celebrates the surprising box office triumph of 'King of Kings', juxtaposing cinema success with ongoing political maneuvering.
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Pope Francis' Final Days
- Pope Francis' papacy lasted a decade, marked by progressive tones but upheld conservative church doctrines.
- He met with Vice President J.D. Vance a day before passing, showing his engagement till the end.
Market Reacts to Fed Tensions
- Market plunged due to trade tensions and Trump's attacks on Fed Chair Jerome Powell.
- Removing the Fed chair would cause severe market reactions including higher yields, lower dollars, and equity selloffs.
Abbott and Colony Ridge Connection
- Texas Governor Greg Abbott nominated Colony Ridge for federal opportunity zone status two days after receiving a major donation from the developer's wife.
- The developer and state senator have close ties with Abbott, including multiple visits to the governor's mansion.