Warsh Declines Comment on Any Discussion With President Trump
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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Reps. Mike Lawler (R-NY) and Josh Gottheimer (D-NJ) say they would not have raised interest rates and discuss the impact of higher rates and inflation on consumers. In a Truth Social post, Trump said that US rates “should be 1%, or less." Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it - inflation is coming down. Chapters: 00:01:53 Bloomberg's Mike McKee on Kevin Warsh, Fed Decision and Inflation Outlook 00:05:36 Power Moves: Top Financial Moves 00:07:46 Reps. Mike Lawler (R-NY) and Josh Gottheimer (D-NJ) on Rates and Economy 00:11:57 Reps. Mike Lawler (R-NY) and Josh Gottheimer (D-NJ) on $5,000 Trump Dividend 00:13:23 Reps. Mike Lawler (R-NY) and Josh Gottheimer (D-NJ) Discuss the Stop Rogue AI Act, AI Regulation 00:20:00 Bloomberg Economics' Becca Wasser and Bloomberg's Courtney McBride on Cost of US Naval Blockade on Iran 00:25:29
Tags: BGR Government Affairs LLC, Becca Wasser, Chris Phelan, Courtney McBride, Donald Trump, Federal Reserve, Inflation, Interest Rates, Iran, Joe Mathieu, Josh Gottheimer, Kailey Leinz, Kevin Warsh, Lester Munson, Meghan Hays, Michael McKee, Midterms, Mike Lawler, Rate Hike, Republicans
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