Hesitation over Hassett, the Billionaire Tax Battle, and a Power Auction 1/16/26

对哈塞特的犹豫,亿万富翁税收之争,以及一场权力拍卖 1月16日26年

The Exchange

2026-01-17

43 分钟
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President Donald Trump wants to keep National Economic Council Director Kevin Hassett in his current position, shaking up the race for the Federal Reserve chair. A new provision of the Billionaire Tax could penalize tech founders. Plus, the White House's push for tech giants to fund new power plants. 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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  • What made you confident that you could do something that hadn't been done before?

  • I have no fear of failure.

  • Trailblazing women changing the game.

  • One of my favorite pieces of advice.

  • Think about what your boss's boss needs.

  • leadership can look in many, many different forms.

  • It really does come down to just trusting yourself.

  • Life is short and you just got to think big to accomplish big things.

  • We have one Kevin, three Hawks, and two hurdles passed for the tech trade.

  • Welcome to The Exchange.

  • I'm Kelly Evans.

  • And let's take a look at stocks which are in a cautious pattern today after the precedent this morning said Kevin House it may not be the next vent chair.

  • That could put the major averages on track for a losing week now,

  • although the small caps are carving out a wind of about 2.5% since Monday.

  • And a 10-year treasury yield popping back above 4.2%.

  • If we close there, it'll be the first time since September.

  • The president, meantime, also ordering an emergency power auction for regional operator PJM.

  • And he wants the big tech companies to pay to add more power.

  • Constellation, Vistra, Talon, all sharply lower as a result of that.

  • But let's begin with the latest developments on the Fedfront and the fallout for markets.