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Trump's close associate Steve Bannon recommends Treasury Secretary to also serve as chairman of the Federal Reserve, the White House quickly denies.

20/09/2025

According to the Wisdom Financial APP, on Friday, former White House Chief Strategist and close adviser to President Trump, Steve Bannon, proposed a controversial suggestion that current Treasury Secretary, Janet Yellen, should also serve as the Chairman of the Federal Reserve after Jerome Powell's term ends next year, at least until the mid-term elections.

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3 m ago

Traders cut back on bets for European Central Bank rate cut.

4 m ago

Nationwide analyst Mark Hackett pointed out that although there is typically a pullback in the US stock market in September historically, this year's market trend has broken this pattern. "Nevertheless, the S&P 500 index currently has a forward P/E ratio of 22 times, with suppressed volatility, so a period of consolidation or oscillation would be considered a normal and healthy trend."

5 m ago

Weiteng Electric: CMIIC Yanchi Energy Storage Power Station Project successfully connected to the grid for the first time.

5 m ago

Faraday Future: FF strategically invested $41 million in NASDAQ-listed company QLGN, with Jia Yueting investing $4 million. QLGN will be renamed CXC10 with the goal of becoming the first stock in the US market for Web2+Web3 and EAI+Crypto technologies. Jia Yueting has set up a second creditor trust for the remaining domestic debts, fulfilling his responsibilities to the end.

5 m ago

Faraday Future: FF strategically invested $41 million in the Nasdaq-listed company QLGN $4 million investment from Jia Yueting QLGN will be renamed CXC10 with the goal of creating the first US stock combining Web2+Web3 and EAI+Crypto; Jia Yueting has set up a second creditor trust for the remaining debts in China and will fulfill his responsibilities to the end.

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