President Donald Trump continues to pressure Federal Reserve officials amid disputes over interest rates, including calls for Fed governor Lisa Cook to resign over mortgage fraud allegations. Speculation surrounds Trump administration’s involvement in chipmaker Intel’s potential 10% government stake as trade war and industry realignment persist. The Federal Reserve maintains rates to balance inflation risk, but markets remain volatile ahead of key policymaker speeches. Coverage also includes Treasury Secretary Scott Bessent’s endorsement of current tariff arrangements with China, despite trade tensions impacting key sectors.
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