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Crypto Breaking News

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Bloomberg

Fed Independence Is Critically Important, Says Wells Fargo CEO Scharf

Wells Fargo & Co. Chief Executive Officer Charlie Scharf says Federal Reserve independence is "critically important," but he says President Donald Trump is allowed to have his own point of view. Scharf spoke Monday during an interview with David Rubenstein at the Economic Club of Washington DC.

Read more: Fed Independence Is Critically Important, Says Wells Fargo CEO Scharf
Bloomberg

Cannabis CEO Calls for Reform

Ben Kovler, the Green Thumb Industries Founder and CEO joins Bloomberg Open Interest to break down why federal rescheduling of cannabis could transform the $30B industry overnight. From blocked access to capital markets to booming consumer demand, he explains how outdated regulations are slowing growth, and why change could unlock massive opportunity, especially for research and veterans.

Read more: Cannabis CEO Calls for Reform
Bloomberg

Airlines Face Massive Fare Surge: Analyst

Airlines are heading toward consolidation as soaring jet fuel prices threaten weaker players and could push fares up as much as 30%. Meanwhile, defense spending is booming globally, but contractors face political pressure, capacity limits, and uncertain profits. Sheila Kahyaoglu, Senior Equity Research Analyst at Jefferies joined Bloomberg Open Interest to break down why the aviation and defense industries are at a critical turning point.

Read more: Airlines Face Massive Fare Surge: Analyst