Seeking Alpha’s roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks.
- President Trump told The Wall Street Journal that he was now favoring nominating either former Federal Reserve Gov. Kevin Warsh or National Economic Council Director Kevin Hassett to succeed Federal Reserve Chair Jerome Powell, whose chair term ends in May.
“I think you have Kevin and Kevin. They’re both—I think the two Kevins are great,” Trump told the WSJ in an interview published Friday.
- Trump also told the WSJ that he believes the new Fed chair should seek his advice on setting interest rates.
“Typically, that’s not done anymore. It used to be done routinely. It should be done,” Trump told the newspaper. “It doesn’t mean—I don’t think he should do exactly what we say. But certainly we’re—I’m a smart voice and should be listened to.”
Trump said that he hopes to see interest rates at 1% or maybe lower by the end of 2026, adding, “We should have the lowest rate in the world.”
- Netflix (NFLX) co-CEOs Greg Peters and Ted Sarandos said that while the company’s planned merger with Warner Bros. Discovery (WBD) will be a “complex process over the next year or so,” they’re confident the deal will close, despite a rival bid by Paramount Skydance (PSKY).
The co-CEOs said in an SEC filing that the rival bid “was entirely expected. But, we have a solid deal in place. It’s great for our shareholders, great for consumers, and a strong way to create and protect jobs in the industry. We’re confident we’ll get it over the finish line—and we’re genuinely excited about what’s ahead.”
“We believe in this deal—in the value it creates—and we’re confident we’ll get the approvals we need to make it happen,” the CEOs added.
Peters and Sarandos also noted that they didn’t expect the merger to result in any studio closures.