Keep pulling the thread on Kevin Warsh.
The U.S. Senate is holding a confirmation vote for Kevin Warsh to become the next chair of the Federal Reserve.
China is the top buyer of Iranian oil.
38% of the total oil flows through the Strait of Hormuz are destined for China.
Saudi Arabia's Yanbu pipeline has increased its throughput from 0.5 million barrels of oil per day to 4 million barrels per day.
Kevin Warsh has previously argued for cutting interest rates on the basis that future productivity gains from AI will lower inflation.
The U.S. Department of Defense has a mandate requiring all components to have no ties to China by January 21, 2027.
ReAlloy has received a $200 million letter of interest (LOI) from the Export-Import Bank of the United States (EXIM) for building new facilities.
Morgan Stanley analysts believe Ford's energy storage business, Ford Energy, could be worth $10 billion and approach the valuation of Tesla's energy business.
The majority of the Federal Open Market Committee is not expected to vote for interest rate cuts until inflation significantly moves down.
NVIDIA CEO Jensen Huang was a last-minute addition to the U.S. presidential delegation visiting China.
NVIDIA views the Chinese market as a $50 billion opportunity for its products.
The Chinese government is actively blocking its domestic companies from accessing certain American technology in order to support domestic champions.