Heather Long, Chief Economist at Navy Federal Credit Union, discusses the Federal Reserve's independence and insights into consumer spending amid a K-shaped economy. Aaron Cannon, CEO of Clear Harbor Asset Management, evaluates market reactions to the DOJ probe and the implications for monetary policy, while emphasizing gold as a strategic hedge. Paige Smith, consumer finance reporter, explores Trump's credit card rate cap proposal and its potential impact on credit availability. Nick Wadhams provides analysis on the ongoing protests in Iran and U.S. responses to the escalating situation.
