Stock futures (ES=F, NQ=F, YM=F) are rebounding after Monday's steep sell-off, as investors digest ongoing policy uncertainty and President Trump's heightened focus on the Federal Reserve. Yahoo Finance Senior Reporter Josh Schafer joins Morning Brief to discuss how threats to Federal Reserve Chairman Jerome Powell's job and lack of tariff clarity are shaping market sentiment.

The stock market and U.S. bonds are experiencing significant declines due to President Trump's trade war and his criticism of the Federal Reserve, raising concerns about economic stability.

President Trump called Federal Reserve chairman Jerome Powell a “major loser” on social media and pressed him to lower interest rates, raising concerns about the central bank’s independence. NBC’s Christine Romans reports.