In recent comments, Federal Reserve Governor Michelle Bowman suggests that additional interest rate hikes may be necessary to tame inflation. Rep. Matt Gaetz (R-Fl.) files a motion to oust House Speaker Kevin McCarthy (R-Ca.) from his position following McCarthy's handling of recent government shutdown negotiations. Lastly, the fraud trial of Former FTX CEO Sam Bankman-Fried begins today in New York City. Yahoo Finance anchors Seana Smith and Brad Smith detail the morning's top headlines from the Nasdaq MarketSite. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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