Wall Street Requests Yellen’s Intervention Amid Market Volatility

Concerns over tariffs are driving volatility in the financial markets, prompting a call for action from Wall Street executives. On April 6th, 2025, financial heavyweights urged Treasury Secretary Janet Yellen to intervene with President Trump regarding tariff reforms after the Nasdaq futures market experienced a steep 4.6% drop. This plea is fueled by growing uncertainties around tariffs and their impact on markets, as indicated by sharp declines in both stocks and cryptocurrencies. Hedge fund manager Jim Chanos, quoted in Bloomberg, warned that the severity of these tariffs could cause even more significant market downturns if not addressed.