Trump Calls for Fed Governor Cook to Resign, Opportunities in Private Credit, A Monster Hit: Labubu-Parent Soars 8/20/25

In his latest attack on the Fed, President Trump calling for Fed Governor Lisa Cook to resign. After the director of the Federal Housing Finance Agency, Bill Pulte, says the DOJ should look into possible mortgage fraud. Pulte joins the show with more on the accusations. Then wealthy investors loading up on alternative assets. Marathon Asset Management's Bruce Richards has more on the opportunities in private credit. And finally, a monster hit. Shares of Labubu-maker parent company ‘Pop Mart’ soar on the back of results. It is just a fad or the start of a longer term trend? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.