Sen. Thom Tillis, Charles Schwab CEO, & Fed Politics 2/4/26

Charles Schwab President and CEO Rick Wurster discusses different investing habits between generations, including Gen Z’s interest in saving and the increased gamification of trading. Senator Thom Tillis (R-NC) is not running for reelection, and the lawmaker is using his freedom from campaign politics to speak up against the DOJ’s case against Fed Chair Jay Powell and the execution of immigration policies overseen by Kristi Noem. In a fiery interview, Sen. Tillis calls the investigation into the Federal Reserve’s renovation “frivolous” and “vindictive.” Plus, Anthropic’s new legal tool has taken a bite out of tech stocks, and Fed governor Stephen Miran has resigned from his White House post, retaining his seat at the central bank.  Senator Thom Tillis - 12:41Rick Wurster - 27:18 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.