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Trump Moves to Fire Fed’s Cook, France PM Calls Confidence Vote | Bloomberg Brief 8/26/2025

DeFi Daily News by DeFi Daily News
August 26, 2025
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Trump Moves to Fire Fed’s Cook, France PM Calls Confidence Vote | Bloomberg Brief 8/26/2025
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Long-dated US Treasuries fall amid President Trump’s bid to oust Federal Reserve Governor Lisa Cook and a political turmoil in France. Cook disputes Trump’s authority and says she won’t quit. Prime Minister Francois Bayrou calls for his own confidence vote that may topple the government as soon as next month. Edward Cole of Man Group says the market is interpreting a more dovish Fed. Kathy Jones of Charles Schwab believes there is now much more uncertainty over long-term Treasuries as a result of the escalation between President Trump and Fed Governor Cook. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

Chapters:
00:00:00 – Intro
00:01:52 – First Look Movers
00:07:13 – Ed Cole, Man Group Head of Multi-Strategy Equities
00:14:14 – Trending on the Terminal
00:19:46 – Front Page News
00:23:30 – First Look Movers
00:27:08 – Kathy Jones, Charles Schwab Chief Fixed Income Strategist
00:42:50 – What to Watch
——–
More on Bloomberg Television and Markets

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Tags: BloombergBoeing CoCallsCharles Schwab Corp.ChinaChina EconomyconfidenceCookDani BurgerDonald TrumpEdward ColeFederal ReserveFedsFIREFranceFrance GovernmentGeopoliticsIndiajerome powellKathy JonesKorean AirLisa CookMAN Group PLCMongoDBMovesoil marketsOkta Inc.RussiaStock Market OutlookTrumpUS DollarvoteXi Jinping
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