GREEN BAY, Wis. (AP) — Shedeur Sanders is still on the board following the first round of the NFL draft.
The New York Giants passed on the former Colorado star quarterback twice, including with the No. 3 pick Thursday night. Las Vegas (at No. 6), the New York Jets (No. 7), New Orleans (No. 9) and Pittsburgh (No. 21) also said no thanks to Sanders, and that's four teams seemingly in need of a signal caller.
How far will Sanders fall now?
He will definitely be available when the second round begins Friday with QB-needy Cleveland on the clock. The Browns hold two of the first four picks in the round.
“We all didn’t expect this of course, but I feel like with God, anything’s possible, everything’s possible," Sanders said in a video posted on YouTube on Thursday night. “I don’t think this happened for no reason. All this is, is of course fuel to the fire. Under no circumstance, we all know this shouldn’t have happened, but we understand we’re on to bigger and better things. Tomorrow’s the day. We’re going to be happy regardless.”
There was some thought a team would trade into the bottom end of the first round and grab Sanders. But no one did.
The Giants looked like they might. They sent three picks to Houston for the 25th overall selection and then chose Ole Miss quarterback Jaxson Dart over Sanders. TV cameras showed a solemn Sanders family watching and waiting in Canton, Texas.
Concerns about Sanders’ arm strength have become an issue in recent weeks, although his father, Pro Football Hall of Famer and Colorado coach Deion Sanders, laughed at that notion. In 50 collegiate games, Shedeur Sanders threw for 14,347 yards, with 134 touchdowns and 27 interceptions. He completed 70.1% of his passes and ran for 17 more scores.
He finished eighth in Heisman Trophy voting. Former Colorado teammate Travis Hunter went second overall to Jacksonville, which traded four picks to move up three spots and select the Heisman winner.
But Sanders didn't get the same first-round party. Although there was some speculation he might slide to the second round, most outsiders figured someone — maybe a big-city franchise — would take a chance on the talented player who brings an entourage.
Sanders previously said he didn't need the bright lights of Broadway or the Bellagio. “I could bring cameras and eyes anywhere I go,” he said. And he insisted the attention wouldn't bother him one bit because, as his father said, he was raised to keep calm and carry on.
“One thing I learned is to not really care about anybody’s opinion but those around us who matter,” Shedeur said.
His father has been outspoken all along the way.
“We’ve already won. We came from a private school. And we came from an HBCU. We’ve won," Deion Sanders said. "Shedeur’s getting drafted. He’s going in the first round. ... We’ve won, man. We’ve already won.”
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FILE - Colorado head coach Deion Sanders, left, talks with quarterback Shedeur Sanders (2) during a timeout in the second half of an NCAA college football game against Central Florida, Saturday, Sept. 28, 2024, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack, File)
NEW YORK (AP) — Stocks of credit-card companies are tumbling on Monday after President Donald Trump threatened moves that could eat into their profits. The rest of Wall Street, meanwhile, was showing only modest signals of concern after tensions ramped to a much higher degree between the White House and the Federal Reserve.
The S&P 500 edged down by 0.1% from its all-time high as U.S. stocks drifted through mixed morning trading, while prices for gold and other investments that tend to do well when investors are nervous rose. The value of the U.S. dollar also dipped against the euro and other currencies amid concerns that the Fed may have less independence in setting interest rates to keep inflation under control.
The Dow Jones Industrial Average was down 179 points, or 0.4%, as of 10 a.m. Eastern time, and the Nasdaq composite was nearly unchanged.
Some of the market's sharpest drops came from credit-card companies, as Synchrony Financial, Capital One Financial and American Express all fell between 4% and 7%. They sank after Trump said he wanted to put a 10% cap on credit-card interest rates for a year. Such a move could eat into profits for credit card companies.
But it was a separate move by Trump that was grabbing more attention on Wall Street. Over the weekend, the Federal Reserve's chair, Jerome Powell, said the U.S. Department of Justice subpoenaed the Fed and threatened a criminal indictment over his testimony about renovations underway at its headquarters.
With an unusual video statement released on Sunday, Powell said his testimony and the renovations are “pretexts” for the threat of criminal charges, which is really “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.”
The Fed has been locked in a feud with the White House about interest rates. Trump has been loudly calling for lower interest rates, which would make borrowing cheaper for U.S. households and companies and could give the economy a kickstart.
The Fed did cut its main interest rate three times last year and has indicated more cuts may be arriving this year. But it’s been moving slowly enough that Trump has nicknamed Powell “Too Late.”
In a brief interview with NBC News Sunday, President Donald Trump insisted he didn’t know about the investigation into Powell. When asked if the investigation is intended to pressure Powell on rates, Trump said, “No. I wouldn’t even think of doing it that way.”
Powell’s term as chair ends in May, and Trump administration officials have signaled that he could name a potential replacement this month. Trump has also sought to fire Fed governor Lisa Cook.
The Fed has traditionally operated separately from the rest of Washington, making its decisions on interest rates without having to bend to political whims. Such independence, the thinking goes, gives it freedom to make unpopular moves that are necessary for the economy’s long-term health.
Keeping interest rates high, for example, could slow the economy and frustrate politicians looking to please voters. But it could also be the medicine needed to get high inflation under control.
In the bond market, the yield on the 10-year Treasury ticked up to 4.19% from 4.18% late Friday. A less independent Fed and higher inflation in the long term could also erode the value of the U.S. dollar, and it slipped 0.3% against the euro and 0.4% against the Swiss franc.
In stock markets abroad, indexes rose across much of Europe and Asia. Stocks jumped 1.4% in Hong Kong and 1.1% in Shanghai for two of the world’s bigger gains following reports that Chinese leaders were preparing more help for the economy.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Traders work on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
James Lamb works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
Specialist Anthony Matesic works on the floor of the New York Stock Exchange, Thursday, Jan. 8, 2026. (AP Photo/Richard Drew)
Daniel Kryger works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)
Dealers watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
A dealer walks near the screens showing the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
Dealers talk near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
A dealer walks near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)
