️ Need to catch up on the news? Here's our top 10 from today: President Trump has been calling Fed Chair Kevin Warsh repeatedly for counsel on issues like the Iran war and AI's economic impact, WSJ reports. Hackers used social-engineering phone calls to target major Wall

What happened

President Trump repeatedly called former Fed Chair Kevin Warsh for advice on the Iran war and AI's economic impact, and hackers used social‑engineering phone calls to target major Wall Street firms.

Confirmed

Global impact / market context

The calls suggest a former president is seeking informal input on geopolitics and technology, which could influence public perception of policy. The phone‑based hack shows a rising threat to financial firms’ security, prompting tighter controls.

Analyst inference

While no immediate market moves are reported, heightened political chatter and cyber‑risk alerts can increase uncertainty for investors, potentially affecting risk‑off sentiment and prompting firms to review security spending.

Analyst inference

What to watch

1. Any official response from the Federal Reserve or Treasury about Trump’s outreach, which could clarify the relevance of his advice for policy. Proposed
2. Regulatory actions or guidance on social‑engineering attacks targeting financial institutions, indicating how oversight may tighten. Proposed
3. Changes in cybersecurity spending by major Wall Street firms, reflecting how they address the newly highlighted phone‑based threat. Proposed

Evidence

• x.com