Trump Targets Powell | Inflation Update & Market Reactions

Wall Street is heating up with political and financial drama. Trump’s Fed Fight? A leaked draft shows Trump considered firing Fed Chair Jerome Powell, raising fears of a constitutional crisis and central bank overreach. Could this shake the markets? Crypto Regulation Showdown The House just approved debate rules for three major crypto regulation bills after a historic 10-hour vote. But will the GOP civil war doom the Genius Act and Clarity Act? Trump Jr.’s Gun Company SPAC GrabAGun stock rebounds after a rough NYSE debut. With Trump Jr. on the board and investors signaling confidence, could this be the next conservative market play? Tesla Lawsuit Barrier Sparks Backlash Tesla changes its bylaws to require 3% ownership before filing derivative lawsuits—now under scrutiny from New York officials. PPI Eases, Inflation Outlook Improves Producer inflation cooled in June. Could this soften Fed policy ahead? DOE Pushes Domestic Uranium A new initiative aims to rebuild America’s nuclear fuel supply chain. Energy Fuels stock surges on DOE support. XAI Data Center Under Fire Elon Musk’s AI firm faces legal pushback over environmental concerns in Memphis—and Grok sparks new controversy. Nvidia’s $8B China Warning CEO Jensen Huang warns that strict U.S. export controls could push China’s $50B AI market toward competitors like Huawei. 🌐 Want more market-moving insights? Dive deeper at www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content: 🔹 Instagram: https://www.instagram.com/benzinga 🔹 Facebook: https://www.facebook.com/benzinga 🔹 TikTok: https://www.tiktok.com/@benzinga 🔹 X: https://www.x.com/benzinga ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #TrumpNews #Inflation #Nvidia #tesla