- Fintech Wire
- Posts
- 💰 Can Trump fire Fed?
💰 Can Trump fire Fed?
Firing Lisa Cook could be his first move.
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
💰 Trump’s Fed shake-up and gold’s next move
🇮🇹 Italy’s messy banking mergers and what’s next
📊 Why investors should watch politics as closely as markets
Trump wants to fire Fed Governor Lisa Cook. Rebecca Patterson warns this could hurt the Fed’s independence and global credibility.
🚨Breaking News
Trump may replace Cook with loyalists, lowering rates short-term. But experts say it risks inflation, weaker dollar, and global trust.
⚡Wire Simplified
Trump wants Fed more under his control.
Firing Lisa Cook could be his first move.
Lower rates may look good for markets initially.
But risks include higher inflation, weaker dollar, shaky credibility.
Countries losing central bank independence usually struggle long-term.
✔️Straight to the Point
Quick wins for Trump could mean long-term economic pain. Politicizing the Fed is like putting ketchup on fine dining, risky.
🎤 Should politicians control the Fed? |
FROM OUR FOUNDER…
The Smartest Way to Grow Your Newsletter 🚀
Tired of low-quality subs and wasted ad spend? I’ve scaled AI, fintech, SaaS, and multiple niche specific newsletters with real, engaged and high intent subscribers. Would love to do the same for you!
✅ 40%+ open rates—no bots, no junk leads.
✅ No ad management fees—just pay per engaged subscriber.
✅ First-party data & proprietary methods ensure quality.
✅ Risk-free scaling—we’ve built and grown newsletters ourselves.
📩 Want high-intent subscribers that actually engage? Let’s talk.
Italy’s big banks UniCredit, MPS, Mediobanca are stuck in messy takeover bids. Europe watches closely as the drama unfolds.
🚨Breaking News
After months of failed bids, only a few takeover plays remain. But MPS and Credit Agricole could shake things up.
⚡Wire Simplified
UniCredit dropped its $17.5B bid for Banco BPM.
Mediobanca’s shareholders blocked its Banca Generali offer.
MPS still chasing Mediobanca.
Credit Agricole raising its stake in Banco BPM.
EU frustrated, wants more cross-border deals, not local food fights.
✔️Straight to the Point
Italy’s banks are playing musical chairs. Big moves could reshape Europe’s banking, but politics and EU rules keep ruining the tune.
Grok Code lead increased to 60% higher usage than Claude Sonnet
— Elon Musk (@elonmusk)
9:24 PM • Aug 31, 2025
If you’re selling, your job isn’t to sell, it’s to build trust.
— Naval (@naval)
10:17 PM • Aug 30, 2025
London FinTech Summit 2025
The UK’s premier fintech conference featuring keynotes, panels, and networking with Europe’s top fintech leaders.
Date: Oct 6–7, 2025 | Location: London, UK
LEND360 2025
Dedicated to lending innovation, LEND360 brings together online lending professionals to discuss policy, tech, and new financial models.
Date: Oct 6–8, 2025 | Location: Dallas, USA
22nd NextGen Payments & RegTech Forum 2025
A major European forum focused on payments and regulatory technology, bringing together banks, fintechs, and policymakers.
Date: Nov 6, 2025 | Location: Limassol, Cyprus
What do you think about today’s edition? |
Was this forwarded to you? Sign up here.
Fintech Wire News.
Signing off