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The EU folded and they made a deal with the US. The US has the advantage now. Trump admin is putting pressure on Fed Gov Cook to resign. Trump is positioning himself to have the majority in the Fed to vote for a rate cut. The tariffs will begin paying off the debt. Trump is now dismantling the 5th column. We are in the process of taking back the country from the evil tyrants. The [DS] might try a [FF] before the midterms. If they believe they don't have a chance in winning there is a possibility of an event. Trump and the patriot's are expecting this to happen and this is why the NG is being put into place to counter the riots and other events.

 

Economy

https://twitter.com/howardlutnick/status/1958484249406775348

This deal:

Eliminates EU tariffs on all U.S. industrial goods,

Creates historic access to the vast European markets for American farmers, fishermen and ranchers,

Delivers $750B in European energy demand during President Trumps term

And EU firms will invest an additional $600B in new investments in America

The America First Trade Agenda has secured the most important trading partner creating a major win for American workers, U.S. industries, and our national security.

Tariffs should be one of America’s favorite words. See the full Joint Statement below

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https://twitter.com/KobeissiLetter/status/1958486074885586971

  only MFN tariffs on EU aircraft/parts, generics, chemical precursors, and scarce natural resources

4. EU to eliminate tariffs on all US industrial goods and grant preferential access for US seafood/agriculture Energy & Tech Purchases:

1. EU to buy $750B in US LNG, oil, and nuclear products

2. EU to purchase at least $40B in US AI chips Investment & Cooperation:

1. EU firms to invest $600B in US strategic sectors by 2028

2. Both sides to negotiate rules of origin to ensure benefits remain bilateral

3. Exploring cooperation on steel and aluminum market protections

4. Joint commitment to tackle digital trade barriers; EU pledges not to adopt network usage fees

5. Considering measures for secure supply chains, including tariff-rate quota solutions

https://twitter.com/HedgieMarkets/status/1958245475704041673

  the Fed is using inflation as a gauge for rate cuts, then rate cuts are nowhere near. Core CPI inflation is back above 3.0% and PPI inflation just jumped +0.9% MoM, its biggest jump in 3+ years. That said, the last Fed meeting happened BEFORE the last jobs report. Regardless, today’s Fed Minutes were a major blow to the “Fed pivot” camp. Powell appears ready to hold rates steady if he feels it is necessary. The September jobs report will decide everything.

https://twitter.com/pulte/status/1958281801023033751

Hypothetically, if she were to step down (or resign) from her position, the President would nominate a replacement to fill the vacancy for the remainder of her unexpired 14-year term. That nominee would then require confirmation by the U.S. Senate before taking office, as outlined in the Federal Reserve Act. This is the standard process for filling vacancies on the seven-member Federal Reserve Board.

There are currently six members on the Federal Reserve Board of Governors,