Locator: 48423COFFEE.
Predicted earlier this week: Trump would extend TikTok waiver deadline. Two hours ago:
Earlier today I suggested that the Director of the NSA (and his civilian deputy) were the last pins to fall. I forgot one last pin: Fed chairman JPow. His four-year term ends May 22, 2026, and JPow has been very clear that he will not step down earlier. At one point that was a huge discussion; events have overtaken that discussion.
I would be surprised if Trump didn't have a new Federal Reserve chairman in place before the end of 2026. Mid-terms are next year and it's unlikely the new Fed chairman will be in place early enough to have any effect on the economy prior to the mid-term elections.
Billionaires:
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What Is It About Coffee Nooks?
More on this later, perhaps.
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