Politics And The Markets 09/26/25

Politics And The Markets 09/26/25


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More on Today’s Markets:

“The independence of the Federal Reserve, within the limited authority granted by Congress to achieve the goals Congress itself has set, is a critical feature of our national monetary system,” the group comprised of former policymakers said in the brief.

The talks follow the July deal where the U.S. government received a 15% stake in rare earths producer MP Materials (NYSE:MP) in exchange for $400 million; MP shares +11.6% to as high as $82.23 in Thursday’s trading, near an all-time intraday high.

The ETF recently initiated exposure to Chinese e-commerce giant Alibaba (NYSE:BABA), buying ~63K shares worth around $11 million, and also invested in China’s search engine market, buying ~82K shares of Baidu (NASDAQ:BIDU), worth ~ $11 million. This likely reflects a growing confidence in select Chinese names despite ongoing geopolitical tensions.

The president’s interpretation of “for cause” is hardly distinguishable from “at will,” the document said. On Aug. 25, Trump declared that he was removing Cook from the Fed, effective immediately, after Federal Housing Finance Agency Director Bill Pulte alleged that Cook claimed two houses as her



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