US News
LAST UPDATE: August 26, 2025
Decision on next Fed chairman likely to take months, White House’s Hassett says
White House adviser Kevin Hassett said the decision on the next Federal Reserve Chair would likely take several months, citing ongoing candidate interviews.
Insight
The extended timeline may heighten market uncertainty and reflects the careful selection process for this pivotal economic role.
Fed’s Logan Says Money Markets Could See Pressure at Quarter-End
Dallas Fed President Lorie Logan warned of potential strain in money markets around next month’s quarter-end, though the Fed still can reduce its balance sheet.
Insight
The caution reflects seasonal technical risk in markets, even as overall monetary easing remains feasible.
Trump Says He Wants More Stakes in Companies After Intel Deal
President Trump praised transforming nearly $9 billion in grants into a 10% equity stake in Intel and said he wants more such deals with other companies.
Insight
This move signals a shift toward interventionist industrial policy, blending public funding with corporate equity influence.
US food groups plead for relief from Donald Trump’s tariffs
U.S. food industry groups are requesting exemptions from Trump’s sweeping tariffs, arguing that many imported goods (e.g., seafood, produce) cannot be substituted domestically.
Insight
This underscores the conflict between protectionist policy and supply chain reality, emphasizing vulnerability in sectors relying on imports.
Sales of new US homes cool in July but beat expectations
New home sales slipped in July to a seasonally adjusted rate of 652,000 but surpassed expectations, aided by slightly lower mortgage rates.
Insight
The housing market shows resilience despite affordability pressures, though volatility remains high.
US appeals court orders SEC to review short-selling rules
A U.S. appeals court ordered the SEC to review the costs and benefits of Biden-era short-selling transparency rules, partially favoring hedge funds.
Insight
The decision could prompt regulatory recalibration under the new SEC leadership while retaining transparency goals.