Podcast appearances and mentions of Jerome H Powell

Ilyce Glink, CEO of Best Money Moves financial wellness company, joins Lisa Dent to discuss the biggest stock market drops in history. Glink explains that this has been one of the most volatile years ever. Then, Glink talks about President Trump calling for Jerome H. Powell, chairman of the Federal Reserve, to be terminated after […]

WMAL GUEST: 6:35 AM - INTERVIEW - CHRIS PILKERTON - former Acting Administrator of the United States Small Business Administration and author of "Plandemic: Covid, PPP & A Small Business Prescription for the Next Global Economic Crisis" SOCIAL MEDIA: https://x.com/cpilkerton Fed Chair Powell Signals ‘Time Has Come' for September Rate Cut. Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. ON FRIDAY: Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust' Where to find more about WMAL's morning show:  Follow the Show Podcasts on Apple podcasts, Audible and Spotify. Follow WMAL's "O'Connor and Company" on X: @WMALDC, @LarryOConnor,  @Jgunlock, @patricepinkfile, and @heatherhunterdc.  Facebook: WMALDC and Larry O'Connor Instagram: WMALDC Show Website: https://www.wmal.com/oconnor-company/ How to listen live weekdays from 5 to 9 AM: https://www.wmal.com/listenlive/ Episode: Monday, August 26, 2024 / 6 AM Hour  O'Connor and Company is proudly presented by Veritas AcademySee omnystudio.com/listener for privacy information.

In the 6 AM Hour: Larry O'Connor and Julie Gunlock discussed: WMAL GUEST: 6:05 AM - INTERVIEW - MARK PENNAK - president of Maryland Shall Issue and counsel on the case SOCIAL MEDIA: https://x.com/MD_Shall_Issue/status/1827044525237248212 Maryland Shall Issue is an all-volunteer, non-partisan organization dedicated to the preservation and advancement of gun owners' rights in MD Federal appeals court upholds Maryland's handgun license requirements In a 14-2 decision, the court in Maryland Shall Issue v. Wes Moore rejected a Second Amendment challenge to a state law requiring a Handgun Qualification License to purchase a handgun.  ON FRIDAY: Attorney General Brown's Statement on Fourth Circuit's Decision Today in Maryland Shall Issue v. Wes Moore Upholding Maryland's Handgun Licensing Law Biden just left his week-long vacation in Santa Ynez, California for Dover, Delaware, where he'll head to Rehoboth Beach for a 9 day vacation. Since stating he dropped out of the race, 34 days ago, he's spent just 6 days at the White House. WHO IS RUNNING OUR COUNTRY? James Rosen on X: "It is growing increasingly common for the @WhiteHouse to publish blank schedules for @POTUS.  WMAL GUEST: 6:35 AM - INTERVIEW - CHRIS PILKERTON - former Acting Administrator of the United States Small Business Administration and author of "Plandemic: Covid, PPP & A Small Business Prescription for the Next Global Economic Crisis" SOCIAL MEDIA: https://x.com/cpilkerton Fed Chair Powell Signals ‘Time Has Come' for September Rate Cut. Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. ON FRIDAY: Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust' ON THURSDAY: At least 5 Secret Service officials involved in planning Trump's Butler rally put on administrative duty ON FRIDAY: Judicial Watch: Secret Service Records Reveal DEI Is Prioritized for All Agency Employees in ‘Every Action, Every Day'  HAWLEY: NEW WHISTLEBLOWER ALLEGATION: Secret Service Prevented Extra Security Assets for Trump Rally Where to find more about WMAL's morning show:  Follow the Show Podcasts on Apple podcasts, Audible and Spotify. Follow WMAL's "O'Connor and Company" on X: @WMALDC, @LarryOConnor,  @Jgunlock, @patricepinkfile, and @heatherhunterdc.  Facebook: WMALDC and Larry O'Connor Instagram: WMALDC Show Website: https://www.wmal.com/oconnor-company/ How to listen live weekdays from 5 to 9 AM: https://www.wmal.com/listenlive/ Episode: Monday, August 26, 2024 / 6 AM Hour  O'Connor and Company is proudly presented by Veritas AcademySee omnystudio.com/listener for privacy information.

Yesterday, Economic Club Chairman David Rubenstein interviewed The Honorable Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System.They discussed among other things, the current state of the U.S. and global economy, steps taken by the Federal Reserve to combat inflation, and economic indicators guiding the Federal Reserve toward continued economic recovery.

Jerome H. Powell, the Fed chair, announced that the central bank raised interest rates to a range of 5.25 to 5.5 percent, the highest level since 2001. The Fed's monetary policy actions are guided by our mandate to promote maximum employment and stable prices for the American people.   This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.  

After a recapping the mixed market week of May 15-19, DoubleLine's Jeffrey Mayberry and Eric Dhall take on a Topic of the Week that looks at the in-the-headlines banking industry (13:04). Jeff begins the ToC section with coverage of a Federal Bank of New York blog post* with some interesting data on banking deposit activity from March 2022 to March 2023, when outflows accelerated amid the banking crisis. While that period marked almost $1 trillion in outflows, the activity was concentrated in the super-regional sector. That information leads to the question of the week: Does it matter to the banks if they have excess reserves? Will profitability go up if they have less deposits to pay for? (19:39) Jeff responds with a look at the need for the super-regionals to now pay put more to retain their deposits and what that means in terms of levering up. When not in a Fed tightening cycle, deposits are a very cheap form of having assets. Looking at the markets, the S&P 500 was up on the week (1:50) while the Agg was down (3:17). It was a light week in Macro Land (6:41), with retail and industrial numbers and a recession-flashing LEI print. Fed Chair's Jerome H. Powell's sitdown with former Chair Ben Bernanke offered up some prime Fedspeak (9:57), with Jeff and Eric discussing the event and its impact on the markets. Next week will deliver a lot of data (22:10), including PMI and personal income and savings numbers as well as the April PCE print. *Bank Funding During the Current Monetary Policy Tightening Cycle

歡迎留言告訴我們你對這一集的想法： https://open.firstory.me/user/cl81kivnk00dn01wffhwxdg2s/comments 每日英語跟讀 Ep.K482: CEOs Are Talking More About Recession Despite a surprisingly resilient labor market, talk of an economic downturn is on the lips of corporate leaders. 儘管勞動市場意外展現韌性，企業領導人仍在談論經濟衰退。 James S. Tisch, CEO of Loews, the hotel, insurance and industrial conglomerate, said on an earnings call with analysts last week that his “fearless forecast” was for recession, but not one that would be as “cataclysmic as '08 or '09.” 飯店、保險與工業集團Loews執行長堤許上周在財報電話會議上對分析師說，他的「大膽預測」是經濟陷入衰退，但不會像2008年或09年那樣「災難性」。 And William J. Hornbuckle, CEO of MGM Resorts International, told analysts last week that he and his executives were “not blind,” and that they “remain keenly aware of the impact of inflation” and the potential that the economy was headed for a downturn. 米高梅國際酒店集團執行長洪巴克上周告訴分析師，他跟他的主管們「沒瞎」，他們「仍敏銳地意識到通膨影響」，以及經濟走向衰退的潛在風險。 Recession has been an increasingly hot topic. It's customary for large public companies to hold conference calls with analysts after they report their earnings. Of the 409 companies listed on the S&P 500-stock index that have held analyst calls to discuss the most recent quarter, the R-word came up as a topic 165 times, according to Sentieo, a market data provider. 經濟衰退已成為一個愈來愈熱門的話題。公布財報後，大型上市公司通常會跟分析師舉行電話會議。根據市場數據供應商Sentieo的數據，舉行分析師電話會議討論最新一季財報的標普500股指上市公司中，衰退一字被其中409家公司當成討論主題165次。 A year ago, “recession” was uttered on 42 earnings calls by S&P 500 firms for the third quarter. Discussions about a recession have been elevated throughout this year, with big year-over-year jumps in the first and second quarters as well. 一年前，標普500指數公司中有42家在第三季財報電話會議上提到「衰退」。今年以來，有關衰退的討論一直在升溫，第一季和第二季的熱度均較一年前大幅增加。 Two weeks ago, Federal Reserve officials made a fourth supersize interest rate increase in an effort to tame inflation, heightening fears of an economic slump. The Fed chair, Jerome H. Powell, said he thought there was still a window for a so-called soft landing, in which inflation dissipates but the economy does not fall into a recession. 兩周前，美國聯準會官員第四次大幅升息抑制通膨，加劇對經濟衰退的擔憂情緒。聯準會主席鮑爾說，他認為仍有實現所謂軟著陸的可能性，也就是通膨消散，但經濟不會陷入衰退。 “Has it narrowed? Yes,” Powell told reporters. “Is it still possible? Yes.” 鮑爾告訴記者：「降溫了嗎？是的。還有可能嗎？是的。」 Some economic indicators released last week seemed to back Powell's view. Last quarter, the gross domestic product rose at a better-than-expected annual pace of 2.6%. On Friday, the government reported that employers added 261,000 jobs to their payrolls in October, which was also above expectations. 上周公布的部分經濟指標似乎支持鮑爾的觀點。美國上一季國內生產毛額年增率2.6%，優於預期。根據政府周五的報告，十月新增就業人數26萬1,000人，也超出預期。 Nonetheless, CEOs on 88 third-quarter conference calls said that the Fed's raising of interest rates to fight inflation was either a major factor slowing their business, or that they expected it to be, according to Sentieo. Last week, Steven Roth, real estate developer and CEO of Vornado Realty Trust, told analysts that because the Fed was “deadly serious” in fighting inflation, “the economy is clearly slowing.” 儘管如此，Sentieo指出，在第三季88場電話會議上，執行長們稱聯準會升息抗通膨，不是自家業績放緩的一項主因，就是他們預期的一項因素。房地產開發商Vornado Realty Trust執行長羅斯上周告訴分析師，由於聯準會在抗通膨上「非常認真」，「經濟明顯正在走緩」。Source article: https://udn.com/news/story/6904/6776445 Powered by Firstory Hosting

Last week the Federal Reserve raised interest rates by 0.75 percentage points, continuing one of the fastest escalations of the benchmark rate in history. Jerome H. Powell, the Fed chair, warned that more pain was to come as the central bank fixes its eye on Sauron on our core inflation. But the theme of this episode is that U.S. interest rate policy does not stop at the U.S. border. Our monetary policy is a lever that moves the world. Soon after the Fed's announcement last week, the British pound crashed, oil prices fell, currencies (crypto- and otherwise) fell, and the possibility of a global downturn came ever slightly into greater focus. Today's guest is Jason Furman, the Harvard economist and former top economic adviser to President Barack Obama. We talk about the state of the U.S. economy, why the Fed is doing what it's doing, the best arguments against rising interest rates, the global fallout of U.S. monetary policy, and the possibility that the world economy is headed for a dark, dark winter. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Jason Furman Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

As the outlook for inflation, interest rates, the possibility of a recession, are in flux, this Special Briefing looks at what it all meant for state and local finance. Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System, delivers brief welcoming remarks in appreciation of Paul A. Volcker (1927-2019), former Federal Reserve Chair and founding Chairman of the Volcker Alliance. This Special Briefing features a panel of experts, including Mark Zandi, chief economist, Moody's Analytics; Matt Gress, budget director, Arizona; Natalie Cohen, founder, National Municipal Research; and Les Richmond, vice president and actuary, Build America Mutual Assurance. Notable Quotes: "Paul Volcker knew that in order to tame inflation and heal the economy, he had to stay the course,” Jerome H. Powell said. “He demonstrated resolve and integrity by refusing to be swayed by political expediency." “The most likely scenario for the U.S. economy over the next twelve to twenty-four months is for it to evolve into a self-sustaining economic expansion,” Mark Zandi said. He predicted inflation will fall close to the Fed's target of about 2 percent by the end of 2023, from more than 8 percent in March. “In higher inflation environment, the stage is set for underperforming assets versus what actuaries expected,” Build America Mutual's Richmond said. “When that happens unfunded liabilities grow, and budgetary requirements that are needed to pay for them will grow as well.” Be sure to subscribe to Special Briefing to stay up to date on the world of public finance. Learn more about the Volcker Alliance at: volckeralliance.org Learn more about Penn IUR at: penniur.upenn.edu Connect with us @VolckerAlliance and @PennIUR on Twitter, Facebook and LinkedIn Special Briefing is published by the Volcker Alliance, as part of its Public Finance initiatives, and Penn IUR. The views expressed on this podcast are those of the panelists and do not necessarily reflect the position of the Volcker Alliance or Penn IUR.

Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here's what to watch out for.Read more:In December, inflation hit a staggering 7 percent. That's far above the Federal Reserve's target, and Chair Jerome H. Powell says action is needed to keep the economy from sliding into a recession. Economics reporter Rachel Siegel breaks down the impact of record inflation and what the Fed plans to do about it.Interest rates have hovered near zero since the start of the pandemic, but now the Fed is looking at a series of raises over the next few months. Personal finance columnist Michelle Singletary explains what that means for borrowers.

Jeff Mayberry and Sam Lau spend the Friday before Thanksgiving recapping the continued weak path for energy in the markets and reviewing a light load of macro data for the week of Nov. 15-19. Sam cites speculation about tapping the Strategic Petroleum Reserve, discussed in last week's episode*, as detracting from portions of the energy sector (2:38). Bitcoin, up about 100% on the year, was down for the week as a possible precursor to the crypto bounce that has come during holiday seasons (7:20). For the Question of the Week (14:07), Jeff and Sam break down the concept of financial repression, an intimidating moniker for a negative-real-yield scenario that functions as a tax on savers to the benefit of borrowers, particularly the government. Their deep dive includes discussion of the impact of such an investment environment (20:06) and coverage of some sectors that could provide positive returns (26:20), including a trio of previous QotW topics**: preferred stocks, closed-end funds and bank loans. Jeff and Sam close the podcast by turning to the week ahead (31:39), including whether Jerome H. Powell will be enjoying Thanksgiving as the reappointed chair of the Federal Reserve or if he will be unseated by Lael Brainard (36:50). Betting markets favored Powell at about 60-40 at the end of the week. This episode was recorded Nov. 19, 2021. *MMM Episode 41: Broad, Sticky Inflation and the Not-So “Strategic” Petroleum Reserve https://doubleline.com/podcast/mmm-episode-41-broad-sticky-inflation-and-the-not-so-strategic-petroleum-reserve/ **Questions of the Week Episode 26 Preferred Stocks https://doubleline.com/podcast/mmm-episode-26-july-26-30-recap-question-of-the-week-and-outlook/ Episode 28 Closed-End Funds https://doubleline.com/podcast/mmm-episode-28-august-9-13-recap-question-of-the-week-and-outlook/ Episode 38 Bank Loans https://doubleline.com/podcast/mmm-episode-38-boring-beige-book-interesting-loans-and-skyrocketing-breakevens/

FEATURED GUESTSShai AkabasShai Akabas is BPC’s director of economic policy. He has conducted research on a variety of economic policy issues, including the federal budget, retirement security, and the financing of higher education. Akabas joined BPC in 2010 and staffed the Domenici-Rivlin Debt Reduction Task Force that year. He also assisted Jerome H. Powell, now Chairman of the Federal Reserve, in his work on the federal debt limit. For the past several years, Akabas has steered BPC’s Commission on Retirement Security and Personal Savings, co-chaired by former Senator Kent Conrad and the Honorable James B. Lockhart III.Akabas has been interviewed by publications including The New York Times, The Washington Post, and The Wall Street Journal, and has published op-eds in The Hill and The Christian Science Monitor. He has been featured as an expert guest several times on C-SPAN’s Washington Journal.Prior to joining BPC, Akabas worked as a satellite office director on New York City Mayor Michael Bloomberg’s 2009 campaign for reelection. Born and raised in New York City, he received his B.A. in economics and history from Cornell University and an M.S. in applied economics from Georgetown University.Jennifer GlassJennifer Glass is the Centennial Commission Professor of Liberal Arts in the Department of Sociology and the Population Research Center of the University of Texas, Austin.  She has published over 60 articles and books on work and family issues, gender stratification in the labor force, mother’s employment and mental health, and religious conservatism and women’s economic attainment, with funding from the National Science Foundation, the National Institutes of Health, and the Alfred P. Sloan Foundation.  She received the Jessie Bernard Award  in 2020 from the American Sociological Association, the Harriet Presser Award in 2019 from the Population Association of America, the 2016 Best Publication Award from the Family Section of the American Sociological Association, the Reuben Hill Award from the National Council on Family Relations in 1986, and has thrice been nominated for the Rosabeth Moss Kanter Award for Excellence in Work-Family Research. Her work has appeared in the Monthly Labor Review, American Sociological Review, Demography, Journal of Marriage and the Family, Journal of Health and Social Behavior, and Social Forces, among others. She is currently the Executive Director of the Council on Contemporary Families, and past Chair of the Social Sciences and Population (B) Study Section at the National Institutes of Health. Ira KalishDr. Kalish is the Chief Global Economist of Deloitte Touche Tohmatsu Ltd. He is a specialist in global economic issues as well as the effects of economic, demographic, and social trends on the global business environment. He advises Deloitte clients as well as Deloitte’s leadership on economic issues and their impact on business strategy. In addition, he has given numerous presentations to corporations and trade organizations on topics related to the global economy. He is widely traveled and has given presentations in 47 countries on six continents. He has been quoted by the Wall Street Journal, The Economist, and The Financial Times. Dr. Kalish holds a bachelor’s degree in economics from Vassar College and a PhD in international economics from Johns Hopkins University.Nate WongNate Wong leads the day-to-day operations of the Beeck Center for Social Impact + Innovationat Georgetown University that seeks to scout, surface, and scale promising ecosystem-centered solutions in the impact space. The Center works directly with leading practitioners and students around its two main portfolios centered around making finance more equitable and improving how governments use the tools of data and digital to deliver better services to its residents. Prior to coming to the Center in 2018, Nate helped launch and direct two social impact units at Deloitte Consulting and more recently at Boston Consulting Group’s non-profit, the Centre for Public Impact in the US. He has worked in over 10 different countries, helping partners maximize their social impact. Nate has worked on issues around economic development/ mobility and inclusive entrepreneurship including stints at Obama Foundation, Acumen, Endeavor, and TechnoServe. Nate has an MBA from the Yale School of Management and a BS in Systems Engineering from the University of Virginia. When not in a pandemic, you can find him exploring the DC food scene, getting lost in a travel book, throwing ceramics, or improving his boxing technique. RELATED RESOURCES“Taking Stock of the Market: A Conversation With Kim Parker,” Future Fluency podcast (NACD, Nov. 19, 2020).“Where the Money Meets the Road: A Conversation With Shai Akabas,” Future Fluency podcast (NACD, Jul 23, 2020).“Emerging Workforce Trends: A Conversation With Dr. Jennifer Glass,” Future Fluency podcast (NACD, Aug. 06, 2020)."Flattening the Inequity Curve: A Conversation with Nate Wong," Future Fluency podcast (NACD, Sept. 10, 2020).

The Federal Reserve left interest rates unchanged, but says its stands ready to do more to help the US economy (Image: Federal Reserve Chair Jerome H. Powell. Credit: European Photopress Agency)

FEATURED GUESTSShai AkabasShai Akabas is BPC’s director of economic policy. He has conducted research on a variety of economic policy issues, including the federal budget, retirement security, and the financing of higher education. Akabas joined BPC in 2010 and staffed the Domenici-Rivlin Debt Reduction Task Force that year. He also assisted Jerome H. Powell, now Chairman of the Federal Reserve, in his work on the federal debt limit. For the past several years, Akabas has steered BPC’s Commission on Retirement Security and Personal Savings, co-chaired by former Senator Kent Conrad and the Honorable James B. Lockhart III.Akabas has been interviewed by publications including The New York Times, The Washington Post, and The Wall Street Journal, and has published op-eds in The Hill and The Christian Science Monitor. He has been featured as an expert guest several times on C-SPAN’s Washington Journal. RELATED RESOURCES Hoagland, G. William, Ben Gitis, Shai Akabas. "It Doesn’t Have to Be All or Nothing: How Unemployment Insurance Could Support Work and Continue to Provide Financial Relief." Bipartisan Policy Center, July 8th, 2020. Gladstone, Nicko, Shai Akabas, Nora Cahill, Charlotte Houghton. "Racial Inequities Have Long Existed in the Economy. A New BPC Survey Shows COVID-19 Made Them Worse." Bipartisan Policy Center, June 22nd, 2020. Watkins, Kara, Shai Akabas. "The savings gap for Americans is a key component of economic stability -- here’s what we can do about it." Bipartisan Policy Center, July 1st, 2020. Elis, Niv. "Women suffering steeper job losses in COVID-19 economy." The Hill, May 25th, 2020.

As the American economy plunges toward a recession, economists and policymakers are triaging proposals to stanch the bleeding. All of their ideas will cost money the government doesn’t have. That leaves Democrats and Republicans with two major questions: How much should be borrowed for bailouts — and what spending is needed to avoid permanent economic damage? Guest: Ben Casselman, an economics reporter at The New York Times.For more information on today’s episode, visit nytimes.com/thedaily Background reading: Jerome H. Powell, the Federal Reserve chair, has urged Congress to spend more on economic relief — even if doing so means increasing the federal deficit. He warned that the United States was experiencing an economic hit “without modern precedent.”

Jerome H. Powell, chair of the Board of Governors of the Federal Reserve System, gave remarks on current economic issues followed by a discussion with PIIE president Adam S.

On this episode of The Critical Hour, Dr. Wilmer Leon is joined by Dr. Linwood Tauheed, associate professor of economics at the University of Missouri-Kansas City.Fed announces unlimited bond purchases in unprecedented move to help U.S.economy weather coronavirus meltdown ‘It has become clear that our economy will face severe disruption,' according to Federal Reserve Chair Jerome H. Powell. What dose this mean going forward? The Federal Reserve announced new measures today to backstop all credit markets in the U.S. economy, without limits, a sign central bankers consider this economic crisis worse than the Great Recession, as millions of American households and businesses are getting crushed by the shutdown of daily life to slow the spread of the coronavirus. First, what does this mean?In Mint Press News, Alan MacLeod's article, "The Kushner Family Could Be Getting Very Rich Thanks to the Coronavirus," states COVID-19 might be decimating the economy and threatening to kill millions of Americans, but in crisis there is opportunity." Opportunity, specifically for Joshua Kushner, brother of Jared, son-in-law and senior advisor to President Donald Trump. How so?PG&E Corp has agreed to plead guilty to felony involuntary manslaughter charges for its role in starting the deadliest wildfire in California's history. The indictment in Butte County, where 85 people died during the 2018 Camp Fire, charges the company with 84 counts of manslaughter and one count of unlawfully causing a fire. The company has agreed to pay a $3.48 million penalty, the statutory maximum. What does this mean going forward in terms of PG&E being held accountable and what does it mean for the victims of the fire?The U.S. Supreme Court on Monday limited the rights of criminal defendants, declaring that states can bar them from using the so-called insanity defense in a ruling involving a Kansas man sentenced to death for killing four members of his family. How concerned should Americas be?GUEST:Dr. Linwood Tauheed — Associate professor of economics at the University of Missouri-Kansas City.Alan MacLeod — Academic and journalist. He is a staff writer at MintPress News and a contributor to Fairness and Accuracy in Reporting (FAIR), as well as the author of "Bad News From Venezuela: Twenty Years of Fake News and Misreporting."David Schultz — Professor of political science at Hamline University.John Burris — Lead attorney and founder of the Law Office of John L. Burris. He is primarily known for his work in the area of civil rights, with an emphasis on police misconduct and excessive force cases.

On this episode of The Critical Hour, Dr. Wilmer Leon is joined by Daniel Lazare, journalist and author of three books: "The Frozen Republic," "The Velvet Coup" and "America's Undeclared War." On the second day of his three-day state visit to Britain, US President Donald Trump spoke with UK Prime Minister Theresa May while protesters mobilized in London. He said Tuesday that he believed Brexit would eventually happen, adding that Britain is “a very, very special place, and I think it deserves a special place.” During the press conference he also spoke on on a trade deal, Huawei, his critics and tariffs on Mexico. What are we to make of all of this? Trump says tariffs on Mexican imports will take effect next week, despite Mexican optimism for a deal, but Federal Reserve Chairman Jerome H. Powell is eyeing the potential for Trump's trade war to inflict damage on the United States economy, saying that the central bank is prepared to act to sustain the economic expansion if needed. How does all of this uncertainty portend for the US's economic future? "WOLA's hawkish stance on Venezuela may seem surprising for a 'human rights' organization, but it is less of a surprise for those familiar with WOLA's history." That comes from another great MintPress News story by writer Alex Rubinstein. He writes, "The Washington Office on Latin America (WOLA), a self-described 'human rights' NGO, has been circulating a June 1 press release ostensibly urging the return of democracy to Venezuela." What's the significance of them taking this position?GUESTS:Daniel Lazare — Journalist and author of three books: "The Frozen Republic," "The Velvet Coup" and "America's Undeclared War." Linwood Tauheed — Associate professor of economics at the University of Missouri-Kansas City. Teri Mattson — Activist with the Campaign to End US and Canadian Sanctions Against Venezuela.

The president defended his plan to build a border barrier and cast doubt about the performance of Fed Chair Jerome H. Powell after a sharp downturn in U.S. markets.

In this Martiak Market Update Podcast, I discuss Why the Fed Held Interest Rates Steady in early August, but Defying Trump, Signaled Increases to Come. What Does It Mean for The Fed Chairman, Jerome H. Powell, who has been under attack from President Trump over the Fed’s interest rate increases? Preview what happens next when the Fed meets again in late September.   Learn more about Mark Martiak Follow Mark on Twitter Mark Martiak on Facebook

A new Federal Reserve chair being nominated by President Trump. His name is Jerome H. Powell. Jay and Brandon get into who he is and whether he's up to the task. Former Bush Presidents speak out against President Trump. Former Democratic National Committee vice-chair Donna Brazil releases a book where she dishes the dirt in the DNC last year when Hillary Clinton was running for President. And finally, Brandon and Jay walk us through what happened with the elections across the country this week.

The appointment of Jerome H. Powell as chair of the U.S. Federal Reserve may lead to lighter regulation of banks but on other issues he will likely follow the path set by predecessor Janet Yellen. See acast.com/privacy for privacy and opt-out information.