Wall Street Jolted By Trump-Fed Fight | Bloomberg Businessweek Daily 1/12/2026

Posted on 01/12/2026
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On today's episode of Bloomberg Businessweek Daily, Tim Stenovec and Emily Graffeo discuss market reaction to the DOJ's subpoena of the Federal Reserve. Bloomberg's Enda Curran and Michael Contopoulos of Richard Bernstein Advisors join the show to discuss. Plus, Pfizer CEO Albert Bourla joins Bloomberg from the JPMorgan Healthcare Conference to discuss the pharmaceutical giant's weight-loss drug outlook, and Acadia Pharmaceuticals CEO Catherine Owen Adams on her firm's net-gen neuroscience treatments, including for Alzheimer's. Finally, Pretium Co-President Stephen Scherr joins the show alongside Bloomberg's Sridhar Natarajan to discuss President Trump’s bid to ban corporate homebuying.



Chapters:

00:00:00 - Buisnessweek Daily Begins

00:05:06 - Enda Curran, Bloomberg News

00:21:06 - Albert Bourla, Pfizer CEO

00:34:47 - Catherine Owen Adams, Acadia Pharmaceuticals CEO

00:41:27 - Stephen Scherr, Pretium Co-President

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