# An Overhaul of Fed Operations… And Terry Duffy Steps Down as CME Group CEO 6/17/26

Page: https://stenobird.com/podcast/cnbc-s-fast-money-385199/an-overhaul-of-fed-operations-and-terry-duffy-steps-down-as-cme-group-ceo-6-17-26
Text version: https://stenobird.com/podcast/cnbc-s-fast-money-385199/an-overhaul-of-fed-operations-and-terry-duffy-steps-down-as-cme-group-ceo-6-17-26.md
Podcast: [CNBC's "Fast Money"](https://stenobird.com/podcast/cnbc-s-fast-money-385199)
Published: 2026-06-18T19:00:20+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/b7b89f33-e5b5-46a6-9e42-7f843e9567e5/episodes/19f6298b-e279-4e31-b1d3-71ab5f68704b/audio/128/default.mp3?aid=rss_feed&awCollectionId=b7b89f33-e5b5-46a6-9e42-7f843e9567e5&awEpisodeId=19f6298b-e279-4e31-b1d3-71ab5f68704b&feed=szW8tJ16
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JSON: https://stenobird.com/v1/public/podcasts/cnbc-s-fast-money-385199/episodes/an-overhaul-of-fed-operations-and-terry-duffy-steps-down-as-cme-group-ceo-6-17-26
Duration seconds: 2622

## Resource

U.S. treasury's surge while stocks drop as Chairman Kevin Warsh leads his long-anticipated first Fed meeting. What we learned from his press conference, and the major overhaul coming to Fed operations. Then in a CNBC exclusive interview, CME Group’s Terry Duffy talks perpetual futures, his reaction to the Fed meeting, and why he’s stepping down as CEO after 25 years. Plus, China stocks underperform while U.S. large cap banks soar, UniQure’s 75% spike, and why Netflix investors are changing the channel. Fast Money Disclaimer

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## Transcript

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