"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Lawrence H. Summers, Former US Treasury Secretary, & Danny Blanchflower, Dartmouth College Economics Professors, weigh in on whether or not President Trump’s proposals are effecting the independence of the Federal Reserve. Rep. Sam Liccardo (D-CA) talks about if President Trump can fire Federal Reserve Governor Lisa Cook.
Chapters:
00:00:00 – Late Edition of Balance Power Begins
00:02:04 – Kate Davidson on Pres. Trump Mulls Options to Extend Influence to Fed Banks
00:04:16 – Wendy Benjaminson on Pres. Trump Moves to Fire Fed’s Lisa Cook, Trump Weighs Extending Influence to Fed Banks
00:06:22 – Lawerence H. Summers, Fmr. US Treasury Secretary, on Pres. Trump Threatens Fed Independence
00:17:26 – Rep. Sam Liccardo (D-CA) on When Does Market Doubt Credibility of Central Bank, Could Fed. Gov. Lisa Cook Be Fired
00:25:05 – Power Moves: Romaine Bostick on Stock Traders Stay Bullish Amid Worries Over Fed
00:27:10 – Danny Blanchflower, Dartmouth College Economics Professor, on the Broader Economic Impact of Pres. Trump Fed Plans
00:34:48 – Erik Larson on the Legal Restrictions Surrounding Trump’s Push to Fire Fed. Gov. Lisa Cook
00:37:55 – Power Brief: Top Stories Watching Tonight
00:39:52 – Political Panel React to Indiana Redistricting Talks, Campaigns Focus on Trump’s Tax Bill, Can Pres. Trump Fire Fed’s Lisa Cook
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
