About this episode
A little way off record highs and a long way to go on a trade deal. U.S. stocks snap their winning streak as President Trump casts doubt on the progress of negotiations between the U.S. and China. Ahead of the G7 summit in Chantilly, France, Federal Reserve Chairman Jerome Powell reiterates that he will ‘act as appropriate’ to sustain the U.S. economic expansion amid increased global uncertainty. In Strasbourg, Ursula Von Der Leyen becomes the first female European Commission president, winning over MEPs with her vision of a greener, fairer Europe. In Washington, Facebook faces scrutiny over its plans to launch cryptocurrency Libra, while the Swiss firm set to oversee the currency’s privacy tells CNBC that is has yet to hear from the social media giant. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .