Trump Allies Push to Reshape Fed | The Pulse 7/3/2026

By Bloomberg Television

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President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court blocked an effort to fire Governor Lisa Cook. Stocks gained as the latest bout of jitters about the sustainability of the AI-trade eased, with Europe’s benchmark holding near a record high. Bloomberg has learned that some leading European powers now accept that ships transiting the Strait of Hormuz will have to pay fees to Iran and Oman. The US and Gulf Arab countries continue to insist that Iran and Oman cannot impose charges of any kind for the Hormuz strait. Today's guests: Kokou Agbo-Bloua, SocGen CIB Global Head of Economics, Cross-Asset & Quant Research; Philippe Aghion, Nobel Prize in Economics Winner; Estelle Brachlianoff, Veolia CEO -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive i

Tags: Abeer Abu Omar, Anna Edwards, Anthony Halpin, Balasz Penz, Cuba, Estelle Brachlianoff, Federal Reserve, Francine Lacqua, French Budget, French economy, Hormuz, Hormuz fees, Iran, July 4th, Kevin Hassett, Kokou Agbo-Bloua, Middle East, Morwenna Coniam, Neil Callanan, Oil

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