DOJ’s Powell Probe, Not Nvidia, and Credit Card Cap 1/12/26

美国司法部Powell调查,非英伟达,及信用卡限额 1/12/26

The Exchange

2026-01-13

43 分钟
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单集简介 ...

Former Fed Governor Larry Lindsey says there are no heroes in the Justice Department’s investigation into Fed Chair Powell, while Brooking’s David Wessel warns the probe could ultimately spur more inflation. A portfolio manager who outperformed the S&P last year makes the case for chip stocks not named Nvidia. Plus, both traditional banks and fintech names are under pressure after President Trump proposed capping credit card fees.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • The Fed Fight goes into overdrive, a credit card crackdown, and not exactly Caesar's wife.

  • That's all ahead this hour.

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  • Welcome to The Exchange.

  • I'm Kelly Evans.

  • And let's take a quick look at the markets, which had those record highs last week.

  • But we're seeing the Dow pullback somewhat from that down 52.

  • But look at the others, the S&P, NASDAQ, and Russell going green.

  • And it's kind of interesting to get the market's message today.

  • It seems to be shrugging off these concerns to some extent about Fed independence.