Stocks Shrug Off Powell Rumors | The Close 7/16/2025

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Federal Reserve Former Vice Chair Lael Brainard, Citi’s Scott Chronert, Baird’s David George, Prologis’s Hamid Moghadam, Tether’s William Quigley, Envestnet’s Dana D’Auria, BD8 Capital Partner’s Darbara Doran, Former Fed Governor Betsy Duke, Raymond James’ Sunaina Sinha, Recognize’s Charles Phillips, Wedbush Securities’ Alicia Reese.

Chapters:
00:03:09 – Trump Firing Powell Likely “Illegal:” Brainard
00:12:39 – Citi’s Chronert on US Stock Trade
00:18:07 – A Lot of “Good Volatility” for Banks in Q2: George
00:23:22 – Moghadam on Impact of Trump’s Tariffs on Prologis
00:30:37 – Tether Co-Founder on Crypto Legislation
00:37:04 – Don’t Expect Fed Moves In July: D’Auria
00:57:14 – We Will Start Seeing Discounting in Domestic Travel: Doran
01:02:07 – Talk of Removing Powell Doesn’t Accomplish Anything: Duke
01:08:56 – Policy Stability Is Absolutely Critical for Markets: Sinha
01:15:48 – Business World Would Work With Mamdani: Phillips
01:26:12 – Expect Netflix to Beat Earnings Expectations: Reese
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