Andy Jassy's got a warning for Amazon employees.

You're listening to Motley Full Money.

I'm Mary Long, joined today by David Meyer. David, great to see you.

Thanks for being here.

Great to see you too.

We're going to dive right in.

But before we get to today's main stories, first, we got to step back and highlight some

of today's headlines.

So David, here's what's happening in the business world that caught my eye this morning.

Perhaps first and foremost, the Fed meets later today after we record the show.

Economic data suggests that inflation is receding, that the labor market is relatively solid.

So typically, that would indicate that the central bank is more likely to back off and lower rates.

But Powell seems unlikely to do that, even though he's facing continued pressure from President Trump to do so.

We'll park on that in just a minute once we get to the rest of the headlines.

Another thing that caught my eye, the Genius Act passed the Senate yesterday.

If you're wondering what that is, it's about stable coins.

The bill still needs

to pass the House and to be signed by the president before it were to become law. Largely,

what it seeks to do is regulate stablecoin. So it would require stable coin issuers to hold

reserves that fully back those stable coins. It also proposes a federal framework for stablecoin

issuance at a time when companies like

Amazon and Walmart are allegedly moving toward stable coin style payment options.

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