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Nick Sortor reports that President Donald Trump highlighted a significant stock market surge coinciding with Kevin Warsh being sworn in as chair of the Federal Reserve.
According to President Donald Trump, the stock market is up 600 points, suggesting investor confidence in Warsh's appointment.
Sortor has recently reported on unexpected disruptions across industries. He noted that Spirit Airlines is preparing to fully shut down following a failed $500 million bailout from President Trump. In another case, a U.S. Army Special Forces soldier was arrested for alleged $400 thousand insider trading tied to a Venezuela operation.