
Edward Lawrence
@EdwardLawrence • 26,365 subscribers
White House Correspondent for @FOXBusiness. Also seen on @FOXNews EMMY Award Winner. 5x Marathoner Sits in the Steak Sauce seat at Fed Work Twitter: @NewsEdward
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Breaking news on Varney & Co about the US and China hashing out an agreement to create a "hotline" over artificial Intelligence. Also making deals to exempt agriculture products, medical supplies, and some lo-tech electronic goods on both sides. #Trade #AI #CHina #POTUS
Edward Lawrence47,490 次观看 • 4 天前

The Japanese may have intervened in their currency markets earlier today. Treasury Secretary Scott Bessent told me about this that the U.S. believes excess volatility in the Yen isn't healthy. The Secretary adds, “The Japanese yen seems very undervalued to me. The currency is very cheap. The economy is doing well. The Prime Minister is very popular and enacting very strong policies. And I think we're going to see the fundamentals come through.” He believes when that realization comes through “… the market will realize the yen is undervalued and it should strengthen.” Bessent goes on to say he’s not concerned the Yen is strengthening against the dollar saying, “ …The currency markets tend to overshoot. And I believe the Japanese yen has substantially overshot what would be called an equilibrium price.” #Japan #Yen #Treasury
Edward Lawrence185,759 次观看 • 1 个月前

President Trump will announced he's using the Defense Production Act to push about $700 million out to help the coal industry according to a White House Official. The Breakdown: $425 million to fund 13 coal plants $185 million to open 2 plants in Alaska & West Virginia as well as restart a coal plant in Maryland $75 million for a new coal export terminal in Oakland, CA #Coal #Energy #Power
Edward Lawrence10,456 次观看 • 3 个月前
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