New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to cut interest rates.

While Trump’s attacks on Musk and Powell make for good drama, it’s unlikely either feud will mean much for stocks. Tesla shares tumbled more than 5% Tuesday, but the selloff barely made a dent in the broader market ... to have an impact on the U.S ...

Powell maintains that a “wait-and-see approach” is necessary, pointing to a still-growing economy and relatively low unemployment, which sits at 4.2%. But Pulte, who leads the Federal Housing Finance Agency and comes from the family behind PulteGroup, says high interest rates are hurting the housing market.

President Trump's tariff threats are more about dominating the news than trade negotiations, causing market reactions and raising economic concerns. His feud with Fed Chair Jerome Powell and potential aggressive interest rate cuts add further market uncertainty.