• The Fed, A “Fool,” & College Politics 5/8/25

  • May 8 2025
  • Duración: 41 m
  • Podcast

The Fed, A “Fool,” & College Politics 5/8/25

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  • Resumen

  • President Trump has reached a trade deal with the United Kingdom, and the Federal Reserve is keeping interest rates steady. The decision prompted a post from President Trump calling Fed Chair Jay Powell a “fool,” but one that he likes. CNBC’s Steve Liesman breaks down Chair Powell’s commentary and the latest economic data. Senator Ted Cruz (R-TX) discusses US competition in AI ahead of his hearing with tech leaders including OpenAI’s Sam Altman and AMD’s Lisa Su. Sen. Cruz discusses the Trump administration’s tariffs and price controls on Medicaid drugs. Plus, Scott Bok was chair of the University of Pennsylvania’s board when the university’s president was pushed out after the Israel-Hamas war began in 2023. In this episode, he discusses the shifting culture and politics both on and toward U.S. college campuses.

    Sen. Ted Cruz - 22:42

    Scott Bok - 36:10

    In this episode:

    Ted Cruz, @SenTedCruz

    Steve Liesman, @steveliesman

    Becky Quick, @BeckyQuick
    Joe Kernen, @JoeSquawk

    Andrew Ross Sorkin, @andrewrsorkin

    Katie Kramer, @Kramer_Katie
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