Market Catalyst anchor Julie Hyman breaks down the latest financial news for July 22, 2025.
US Treasury Secretary Scott Bessent commented that he does not see a reason for Fed Chair Powell to step down. However, Queens College Cambridge President Mohamed El-Erian said that Powell should step down to "safeguard the Fed’s operational autonomy." Wall Street Journal chief economics commentator Greg Ip and Yahoo Finance contributor & StoneX Senior Adviser Jon Hilsenrath discuss the mounting pressure on Fed Chair Jerome Powell and the importance of Fed independence.
Tesla is set to report earnings on Wednesday, July 23. Yahoo Finance Contributor & Macro Talk founder Hope King and Cleo Capital Managing Director Sarah Kunst discuss Tesla opening a diner in California.
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