POPULARITY
9 episodes with National Economic Council
6 episodes with National Economic Council
5 episodes with National Economic Council
5 episodes with National Economic Council
3 episodes with National Economic Council
5 episodes with National Economic Council
2 episodes with National Economic Council
5 episodes with National Economic Council
3 episodes with National Economic Council
Director of the National Economic Council of the United States Kevin Hassett joins the show to talk about the tariffs and more. Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content.
Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts: ihr.fm/3InlkL8 Is The Big Beautiful Bill Bloated? The hour kicks off with a detailed discussion of what President Donald Trump has dubbed the “Big Beautiful Bill,” a sweeping piece of legislation currently under debate on Capitol Hill. President Trump, Speaker Mike Johnson, and other GOP leaders are rallying behind the bill, which includes major tax cuts, regulatory rollbacks, and incentives aimed at boosting the U.S. economy. The hosts predict the bill will pass, likening the political theatrics to previous debt ceiling and speaker vote showdowns. Key highlights of the bill include: Permanent extension of the 2017 Trump tax cuts Elimination of taxes on tips Adjustments to SALT (state and local tax) deductions Phased elimination of EV and green energy tax credits Increased funding for defense and immigration enforcement Tightening of SNAP (food stamp) eligibility A $4 trillion increase in the debt ceiling Buck Sexton shares insights from a recent interview with the head of the National Economic Council, emphasizing that the bill could result in $7,000–$12,000 in annual savings for the average American household. However, both hosts acknowledge conservative criticism over the bill’s lack of deeper spending cuts and its continuation of certain green energy subsidies. Democrats Don't Believe Illegal Immigration is a Crime Clay Travis and Buck Sexton Show dive deep into the explosive political and legal controversy surrounding Congresswoman LaMonica McIver’s arrest for allegedly obstructing ICE agents during a detention center visit. Hosts Clay and Buck analyze the implications of her actions, highlighting the irony of her past “no one is above the law” rhetoric—previously aimed at Donald Trump—now being turned against her. They explore the broader theme of political hypocrisy and the consequences of “lawfare,” emphasizing how Democrats are now facing the same legal tactics they once championed. The hour also features a sharp critique of the Democratic Party’s stance on illegal immigration. Clay and Buck argue that Democrats no longer view illegal immigration as a crime, citing McIver’s confrontation with ICE as emblematic of a broader ideological shift. They question why Democratic leaders prioritize the rights of non-citizens over the needs of underserved American communities, particularly Black constituents in urban districts like McIver’s New Jersey 10th, which is nearly 50% Black. The hosts suggest that this disconnect may be driving more minority voters toward the GOP, referencing recent political shifts in cities like New York and Chicago. Tom Homan, former acting ICE director, is featured in a clip reinforcing the legal boundaries McIver allegedly crossed, underscoring the seriousness of interfering with federal law enforcement. The discussion then pivots to the racial and ideological motivations behind Democratic immigration policies, with Buck asserting that modern leftist movements have replaced class solidarity with race-based solidarity, often to the detriment of their own constituents. This is a Crazy Story Clay and Buck dive into the intersection of sports, culture, and politics, delivering a compelling mix of commentary and breaking news. This hour kicks off with a heated discussion surrounding the viral WNBA incident involving Caitlin Clark and Angel Reese, which sparked a broader cultural debate. The hosts analyze the fallout from ESPN personalities Robert Griffin III and Ryan Clark, highlighting the racial and personal tensions that erupted over a simple foul in a women’s basketball game. The segment underscores how Clark’s rising stardom is reshaping the WNBA and exposing underlying resentments within the league. The conversation transitions into a broader cultural critique, with Clay and Buck exploring how race, media narratives, and sports collide in today’s polarized environment. They draw parallels to historical moments in tennis and golf, emphasizing how stars like Serena Williams and Tiger Woods were embraced across racial lines—contrasting that with the current backlash against Clark. James Blair, WH Deputy Chief of Staff, on Clean Up in Aisle Biden The hosts welcome White House Deputy Chief of Staff James Blair, who provides exclusive insights into the forthcoming “Big Beautiful Bill.” Blair outlines the bill’s key components, including historic middle-class tax cuts, increased border security funding, military modernization, and aggressive fiscal reforms aimed at reducing the national deficit. He also teases the potential announcement of the “Golden Dome” missile defense initiative, likened to Israel’s Iron Dome, as part of President Trump’s broader national security strategy. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.
Democrats continue their town hall tour through Republican districts. Senator Chris Murphy and Rep. Maxwell Frost join The Weekend to discuss their own recent tours, how Democrats should counter Trump's extreme agenda. Plus, their thoughts on the looming budget cuts as House Republicans scramble to get their budget bill across the finish line. And, former director of the National Economic Council, Gene Sperling and former Congressman Charlie Dent share their thoughts on Trump's chaotic economic policies and the recent trade talks with China.
Bharat Ramamurti, former deputy director of President Joe Biden's National Economic Council, joins the show to talk about a possible “Trumpcession” and the drastic cuts congressional Republicans want to make to programs that help Americans meet their basic needs. Daniella and Colin also talk about President Donald Trump's trade wars and speak with Andrew Miller, senior fellow at the Center for American Progress Action Fund, about the humanitarian crisis in Gaza.
May 7, 2025 ~ Republicans are struggling to find a unified approach to extend the 2017 tax cuts due to internal disagreements on how to handle the substantial cost. Lloyd, Jamie, and Chris Renwick talk with Daniel Hornung, former deputy director of the National Economic Council & deputy assistant to President Biden, about whether to offset the cost through program cuts or to accept increased deficits.
It's been a month since Donald Trump celebrated his “Liberation Day,” announcing a wide range of what he called reciprocal tariffs on a number of countries, with China facing the steepest. Since then matters have been on a roller coaster ride as the President first fiercely defended the plan and then paused it for most countries except China. While fears about the impact on the U.S. and the world have escalated, the economy seems to be toddling along. But great uncertainty remains - not just on tariffs but on the scope and scale of Republican tax plans and the budget. On this episode of Free Expression, Director of the National Economic Council of the United States Kevin Hassett discusses the latest job numbers to come out, how the tariffs began as a place of negotiation, and how the tax plan is progressing through Congress. Learn more about your ad choices. Visit megaphone.fm/adchoices
Trump might be beginning to realize that all of that business acumen he thinks he has, might not really exist. He's starting to soften his tariff stance as the markets quake. Former deputy director of the National Economic Council, Bharat Ramamurti, discusses. Plus, John McCarthy, President Biden's former senior adviser for political engagement who would meet with Pope Francis, discusses the Pope's legacy and how he influenced the political world.
What is "disparate impact?" You may not have heard of it, but this concept massively changed America for the worst over the past fifty years. Charlie explains what disparate impact is and why Trump's new EO to get rid of it is so crucial. Kevin Hassett of the National Economic Council offers promising updates on Trump tariffs and the American economy. Become a member at members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
What is "disparate impact?" You may not have heard of it, but this concept massively changed America for the worst over the past fifty years. Charlie explains what disparate impact is and why Trump's new EO to get rid of it is so crucial. Kevin Hassett of the National Economic Council offers promising updates on Trump tariffs and the American economy. Become a member at members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
Pags dives into the brewing chaos at CBS News and unleashes a blistering critique of Lesley Stahl—asking the question: is legacy media finally cracking? PLUS—an exclusive in-person interview with Kevin Hassett, Director of the National Economic Council, recorded from inside the Eisenhower Executive Office Building. From the state of the U.S. economy to the bold moves of the Trump administration, this is a front-row seat to the policies shaping America's future. Learn more about your ad choices. Visit megaphone.fm/adchoices
In the second hour of The Rita Cosby Show, Rita plays her discussion with Kevin Hassett, the director of the National Economic Council and also talks about how grateful she was for the opportunity. Learn more about your ad choices. Visit megaphone.fm/adchoices
Stigall was invited to the White House as they celebrate their first 100 days in office. You'll hear conversations with White House Press Secretary Karoline Leavitt as well as the Director of the National Economic Council of the United States Kevin Hassett. Great perspective on the markets, the border, men in women's sports, the courts, the interaction between the President and members of his team and much more! Plus, Erin Maguire - one of the nation's best Republican strategists and commentators joins Stigall in his D.C. studio for analysis of the bonkers Democrat messaging and where does she see this Republican Congress headed on on big, beautiful bill and their prospects of maintaining control next fall. And will SCOTUS side with parents who want to opt out of their public school's mandatory LGBTQ reading programs? Landmark Legal's Michael O'Neill weighs in on this as well as what to do about the lawfare coming from Democrat district judges from around the country. -For more info visit the official website: https://chrisstigall.comInstagram: https://www.instagram.com/chrisstigallshow/Twitter: https://twitter.com/ChrisStigallFacebook: https://www.facebook.com/chris.stigall/Listen on Spotify: https://tinyurl.com/StigallPodListen on Apple Podcasts: https://bit.ly/StigallShow -Help protect your wealth with real, physical gold and silver. Texas Bullion Exchange helps everyday Americans diversify with tailored portfolios, IRA rollovers, and expert support every step of the way.
What does “abundance” actually mean—and who is it really for? In this episode, Goldy and Paul welcome back economic policy expert Mike Konczal to unpack the big new idea dominating political discourse: abundance. They dive into the buzz around Ezra Klein and Derek Thompson's book “Abundance,” and Konczal's sharp critique of its deregulatory leanings, missed opportunities, and neoliberal undertones. From housing policy to green energy to the myth that deregulation alone can fix America's problems, this episode challenges the idea that more is always better, and asks what it would really take to build a future that's abundant for everyone—not just the rich. Mike Konczal is the Senior Director of Policy and Research at the Economic Security Project, where he oversees policy development, research, and strategic analysis to advance its ideas. Previously, he served as a Special Assistant to President Biden for Economic Policy and Chief Economist for the National Economic Council. Social Media: @mtkonczal.bsky.social @mtkonczal Further reading: Democracy Journal - The Abundance Doctrine Abundance By Ezra Klein & Derek Thompson Why Nothing Works: Who Killed Progress—and How to Bring It Back By Marc Dunkelman NBER Working Paper - Supply constraints do not explain house price and quantity growth across U.S. cities Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch
The whole world is coming to the table to make a deal with the US. Kevin Hassett Director of the National Economic Council of the United States joins Cats and Cosby. Learn more about your ad choices. Visit megaphone.fm/adchoices
I hope you all had a blessed Easter weekend, celebrating with family and friends. I have 2 special guests on today's show that give us expert insight into the economy, global trade, tariffs and U.S. manufacturing. First I talk to Kevin Hassett, the Director of the National Economic Council, to walk us through recent developments within the Trump administration. As country after country lined-up to make a deal with President Trump, the president put a pause on all tariffs except China. President Trump has now raised the tariffs to 145% in relation to China. Essentially isolating China with the most extreme tariffs set the stage for other countries to decide how they wanted to respond. Hassett says 15 countries or more will come away with a good deal in the coming days and weeks. Hassett walks us down Main St. for American consumers and small business owner as to what they can expect to pay for goods. With 2 outstanding jobs reports and a reduction in inflation, the only question yet to be answered is will China come to the table? After that, Mick Mulvaney, the former Director of the Office of Management and Budget as well as the former White House Chief of Staff gives us his insight into global trade and the budget. Are the tariffs more effective as a negotiating tool or a real source of income for the United States? Can domestic industries that have been squandered be brought back to life? The Senate only cut $4 Billion in spending, showing they aren't interested in saving money as the GOP is making a push to make the 2017 tax cuts permanent. Stick around to the end for a tour of the White House press briefing room! Featuring: Kevin Hassett Director of the National Economic Council https://www.hoover.org/profiles/kevin-hassett Mick Mulvaney Former Director of Office of Management and Budget Former White House Chief of Staff Former Congressman | South Carolina, District 5 https://actumllc.com/people/mick-mulvaney/ Today's show is brought to you by these great sponsors: Ramp Want $250?? Is your finance team bogged down with tedious work like tracking down receipts or dealing with invoices? Guess what... Ramp handles everything—receipt matching, categorization, approvals, the works. Ramp has easy-to-use cards, spend limits, approval flows, vendor payments, and more. Ramp makes all your spending smarter with seamless integration! Join Ramp now and get $250 upon sign-up. Just go to https://ramp.com/SPICER Wired 2 Fish Coffee Do you want to drink coffee from the finest coffee beans in the world? Wired 2 Fish sources directly from Mexico and Guatemala to bring you the freshest arabica coffee beans in the world. Wired 2 Fish cares so much about the earth that they give back 25% of their net profits to faith-based organizations and clean water initiatives. If you're a coffee lover and want to support a great company doing great work head to https://www.wired2fishcoffee.com/ use code: WECARE for 15% off your first order. TAX Network USA Talk with a strategist at Tax Network USA... it's FREE. Stop the threatening letters. Stop looking over your shoulder and put your IRS troubles behind you, once and for all. Whether you owe $10,000 or $10 million, Tax Network USA can help you! Reach out to them today at 1-800-245-6000 or visit https://tnusa.com/SEANSPICER ------------------------------------------------------------- 1️⃣ Subscribe and ring the bell for new videos: https://youtube.com/seanmspicer?sub_confirmation=1 2️⃣ Become a part of The Sean Spicer Show community: https://www.seanspicer.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Yascha Mounk and Larry Summers also discuss the administration's tariffs. Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama. In this week's conversation, Yascha Mounk and Larry Summers discuss why tariffs are so concerning, how Harvard should react to the Trump administration cutting its funding, and whether the Democratic Party can become a credible opposition. Podcast production by Jack Shields and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices
Timothy Massad is currently a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at Kennedy School of Government at Harvard University, an Adjunct Professor of Law at Georgetown Law School and a consultant on financial regulatory and fintech issues. Massad served as Chairman of the U.S. Commodity Futures Trading Commission from 2014-2017. Under his leadership, the agency implemented the Dodd Frank reforms of the over-the-counter swaps market and harmonized many aspects of cross-border regulation, including reaching a landmark agreement with the European Union on clearinghouse oversight. The agency also declared virtual currencies to be commodities, introduced reforms to address automated trading and strengthened cybersecurity protections. Previously, Mr. Massad served as the Assistant Secretary for Financial Stability of the U.S. Department of the Treasury. In that capacity, he oversaw the Troubled Asset Relief Program (TARP), the principal U.S. governmental response to the 2008 financial crisis. Massad was a partner in the law firm of Cravath, Swaine & Moore, LLP. His practice included corporate finance, derivatives and advising boards of directors. Massad was also one of a small group of lawyers who drafted the original ISDA standard agreements for swaps.Howell Jackson is the James S. Reid, Jr., Professor of Law at Harvard Law School. His research interests include financial regulation, consumer financial protection, securities regulation, and federal budget policy. He has served as a consultant to the United States Treasury Department, the United Nations Development Program, the World Bank, and the International Monetary Fund. He frequently consults with government agencies and congressional committees on issues related to financial regulation. From 2023 to 2024, he was a Senior Adviser to the National Economic Council. Since 2005, Professor Jackson has been a trustee of College Retirement Equities Fund (CREF). He has also served as a director of Commonwealth, a non-profit dedicated to strengthening financial opportunities for low and moderate-income consumers. At Harvard University, Professor Jackson has served as Senior Adviser to the President and Acting Dean of Harvard Law School. Before joining the Harvard Law School faculty in 1989, Professor Jackson was a law clerk for Associate Justice Thurgood Marshall and practiced law in Washington, D.C. Professor Jackson received his J.D. and M.B.A. degrees from Harvard University in 1982 and a B.A. from Brown University in 1976.Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in political science from UCLA and a master's in journalism from Columbia University.Scheduling and logistical support for PolicyCast is provided by Lilian Wainaina.Design and graphics support is provided by Laura King. Web design and social media promotion support is provided by Catherine Santrock and Natalie Montaner. Editorial support is provided by Nora Delaney and Robert O'Neill .
The Global Impact of US Economic Policies The international economic policies of the United States have shifted dramatically since the inauguration of Donald Trump as president at the end of January. Thus far, the most impactful have been a series of historically large tariff announcements on most countries in the world. Former US Treasury Economist, Brad Setser examines these policy changes and their implications for the US economy, global trade and investment flows, financial markets, and the role of the dollar as the world's reserve currency. He also discusses his work on US corporate tax strategies. Brad Setser is the Whitney Shepardson Senior Fellow at the Council on Foreign Relations. Mr Setser served as a Senior Advisor to the United States Trade Representative from 2021 to 2022, where he worked on the resolution of a number of trade disputes. He had previously served as the Deputy Assistant Secretary for International Economic Analysis in the U.S. Treasury from 2011 to 2015, and as a Director for International Economics on the staff of the National Economic Council and the National Security Council. He has published widely, including co-authoring, with Nouriel Roubini, Bailouts and Bail-ins: Responding to Financial Crises in Emerging Economies, and has contributed to publications such as Foreign Affairs, Finance and Development and Global Governance. He regularly blogs at Follow the Money.
Gary Cohn, the former National Economic Council director during President Trump's term on how shifting tariff policy is impacting investor sentiment and consumer demand. Then one top CIO says the “Stock market bottom is likely in place.” He gives us the sectors he's most bullish on. Plus new reports say China is ordering a halt of jet deliveries from Boeing. The latest in an escalating trade war.
Kevin Hassett is the Director of the National Economic Council, on today's show he walks us through everything that happened this week with respect to tariffs and the U.S. economy. As country after country lined-up to make a deal with President Trump, the president put a pause on all tariffs except China. President Trump has now raised the tariffs to 145% in relation to China. Essentially isolating China with the most extreme tariffs set the stage for other countries to decide how they wanted to respond. Hassett says 15 countries or more will come away with a good deal in the coming days and weeks. The turmoil in the bond market settled as the president called for the pause and new treasury bonds were very successfully auctioned off. Hassett walks us down Main St. for American consumers and small business owner as to what they can expect to pay for goods. With 2 outstanding jobs reports and a reduction in inflation, the only question yet to be answered is will China come to the table? After that our all-star panel gives their take on all the movement this week within the Trump administration. We have heard from a few different cabinet members this week, whose messaging is landing the most with Americans? Is President Trump isolating China a perfect execution of the Art of the Deal? Our panel weighs in... Featuring: Kevin Hassett Director of the National Economic Council Panel: Larry O'Connor Host | O'Connor & Co. https://www.wmal.com/oconnor-company/ Jenn Pellegrino Senior Director of Media Affairs & Chief Spokesperson | AFPI https://americafirstpolicy.com/ Rob Bluey President & Executive Editor | The Daily Signal https://www.dailysignal.com/ Today's show is brought to you by these great sponsors: Ramp Want $250?? Is your finance team bogged down with tedious work like tracking down receipts or dealing with invoices? Guess what... Ramp handles everything—receipt matching, categorization, approvals, the works. Ramp has easy-to-use cards, spend limits, approval flows, vendor payments, and more. Ramp makes all your spending smarter with seamless integration! Join Ramp now and get $250 upon sign-up. Just go to https://ramp.com/SPICER TAX Network USA Talk with a strategist at Tax Network USA... it's FREE. Stop the threatening letters. Stop looking over your shoulder and put your IRS troubles behind you, once and for all. Whether you owe $10,000 or $10 million, Tax Network USA can help you! Reach out to them today at 1-800-245-6000 or visit https://tnusa.com/SEANSPICER ------------------------------------------------------------- 1️⃣ Subscribe and ring the bell for new videos: https://youtube.com/seanmspicer?sub_confirmation=1 2️⃣ Become a part of The Sean Spicer Show community: https://www.seanspicer.com/ 3️⃣ Listen to the full audio show on all platforms: Apple Podcasts: https://podcasts.apple.com/us/podcast/the-sean-spicer-show/id1701280578 Spotify: https://open.spotify.com/show/32od2cKHBAjhMBd9XntcUd iHeart: https://www.iheart.com/podcast/269-the-sean-spicer-show-120471641/ 4️⃣ Stay in touch with Sean on social media: Facebook: https://facebook.com/seanmspicer Twitter: https://twitter.com/seanspicer Instagram: https://instagram.com/seanmspicer/ 5️⃣ Follow The Sean Spicer Show on social media: Facebook: https://facebook.com/seanspicershow Twitter: https://twitter.com/seanspicershow Instagram: https://instagram.com/seanspicershow #politics #news #theseanspicershow #seanspicer #conservativemedia #podcast Learn more about your ad choices. Visit megaphone.fm/adchoices
April 10, 2025 ~ President Trump's announcement of suspending new tariffs for most U.S. trading partners for 90 days does not include Chinese imports as these tariffs have been raised to 125 percent. Lloyd and Jamie talk to Daniel Hornung, former deputy director for the National Economic Council, about how these actions have specific implications for Michigan's economy.
Few domestic policy issues have proved more vexing to elected leaders in recent years than the nation's affordable housing shortage. And while there are several obvious causes for the problem — most notably in recent years, the pandemic — it was an issue on which the Biden administration was making some real headway through […]
Director of the National Economic Council Kevin Hassett discusses the jobs data and the Trump administration's plan for government spending. He speaks with Bloomberg's Jonathan Ferro.See omnystudio.com/listener for privacy information.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Before Kevin Hassett was named director of President Trump's National Economic Council, he sat down with Margaret Hoover last September to discuss Trump's economic record and his second-term agenda.In this new cut of that interview, Hassett assesses the impact of tariffs in Trump's first term and defends his threats to impose new ones, including reciprocal tariffs on goods from countries that tax U.S. imports.Hassett, who previously served as chairman of Trump's White House Council of Economic Advisors, pushes back against Kamala Harris' criticisms of Trump's policies and predicts federal spending cuts if he is elected.He also comments on the importance of an independent Federal Reserve and responds to fellow Republicans who called Trump a threat to democracy after January 6th.Support for “Firing Line for Margaret Hoover” is provided by Robert Granieri, Vanessa and Henry Cornell, The Fairweather Foundation, Peter and Mark Kalikow, Cliff and Laurel Asness, The Meadowlark Foundation, Charles R. Schwab, Damon Button, Craig Newmark Philanthropies, The Philip I Kent Foundation, Annie Lamont through The Lamont Family Fund, and Al and Kathy Hubbard. Corporate funding is provided by Stephens Inc.
Joe Lavorgna is a Managing Director and Chief Economist for SMBC Nikko Securities. He was previously the Chief Economist for the Americas at Natixis. While there, Joe took a one-year leave of absence to serve in the Trump administration, where he was Special Assistant to the President, and Chief Economist of the National Economic Council. Prior to Natixis, Joe spent 20 years with Deutsche Bank Securities in the Global Markets Division, where he was considered one of the leading Wall Street economists. Joe is also a Senior Fellow at the America First Policy Institute, a Washington, D.C.-based think tank. In this podcast, we discuss what it was like working for Trump, why Trump is now more effective, thoughts on tariffs, taxes and immigration, and much more. Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
Why is reforming capitalism so essential? In the latest issue of Liberties Quarterly, Tim Wu argues that unregulated capitalism not only leads to economic monopolies, but also drives populist anger and authoritarian politics. In “The Real Road to Serfdom”, Wu advocates for "decentralized capitalism" with distributed economic power, citing examples from Scandinavia and East Asia. Drawing from his experience in the Biden administration's antitrust efforts, he emphasizes the importance of preventing industry concentration. Wu expresses concern about big tech's growing political influence and argues that challenging monopolies is critical for fostering innovation and maintaining economic progress in the United States.Here are the 5 KEEN ON AMERICA takeaways from our interview with Tim Wu:* Historical Parallels: Wu sees concerning parallels between our current era and the 1930s, characterized by concentrated economic power, fragile economic conditions, and the rise of populist leaders. He suggests we're in a period where leaders are moving beyond winning elections to attempting to alter constitutional frameworks.* The Monopoly-Autocracy Connection: Wu argues there's a dangerous cycle where monopolies create economic inequality, which generates populist anger, which then enables authoritarian leaders to rise to power. He cites Hugo Chavez as a pioneer of this modern autocratic model that leaders like Trump have followed.* Decentralized Capitalism: Wu advocates for an economic system with multiple centers of distributed economic power, rather than just a few giant companies accumulating wealth. He points to Denmark, Taiwan, and post-WWII East Asia as successful examples of more balanced economic structures.* Antitrust Legacy: Wu believes the Biden administration's antitrust enforcement efforts have created lasting changes in legal standards and public consciousness that won't be easily reversed. He emphasizes that challenging monopolies is crucial for maintaining innovation and preventing industry stagnation.* Big Tech and Power: Wu expresses concern about big tech companies' growing political influence, comparing it to historical examples like AT&T and IBM. He's particularly worried about AI potentially reinforcing existing power structures rather than democratizing opportunities.Complete Transcript: Tim Wu on The Real Road to SerfdomAndrew Keen: Hello, everybody. We live in very strange times. That's no exaggeration. Yesterday, we had Nick Bryant on the show, the author of The Forever War. He was the BBC's man in Washington, DC for a long time. In our conversation, Nick suggested that we're living in really historic times, equivalent to the fall of the Berlin Wall, 9/11, perhaps even the beginnings of the Second World War.My guest today, like Nick, is a deep thinker. Tim Wu will be very well known to you for many things, including his book, The Attention Merchants. He was involved in the Biden White House, teaches law at Columbia University, and much more. He has a new book coming out later in the year on November 4th, The Age of Extraction. He has a very interesting essay in this issue of Liberties, the quarterly magazine of ideas, called "The Real Road to Serfdom."Tim had a couple of interesting tweets in the last couple of days, one comparing the behavior of President Trump to Germany's 1933 enabling act. And when it comes to Ukraine, Tim wrote, "How does the GOP feel about their president's evident plan to forfeit the Cold War?" Tim Wu is joining us from his home in the village of Manhattan. Tim, welcome. Before we get to your excellent essay in Liberties, how would you historicize what we're living through at the moment?Tim Wu: I think the 1930s are not the wrong way to look at it. Prior to that period, you had this extraordinary concentration of economic power in a very fragile environment. A lot of countries had experienced an enormous crash and you had the rise of populist leaders, with Mussolini being the pioneer of the model. This has been going on for at least 5 or 6 years now. We're in that middle period where it's moving away from people just winning elections to trying to really alter the constitution of their country. So I think the mid-30s is probably about right.Andrew Keen: You were involved in the Biden administration. You were one of the major thinkers when it came to antitrust. Have you been surprised with what's happened since Biden left office? The speed, the radicalness of this Trump administration?Tim Wu: Yes, because I expected something more like the first Trump administration, which was more of a show with a lot of flash but poor execution. This time around, the execution is also poor but more effective. I didn't fully expect that Elon Musk would actually be a government official at this point and that he'd have this sort of vandalism project going on. The fact they won all of the houses of Congress was part of the problem and has made the effort go faster.Andrew Keen: You talk about Musk. We've done many shows on Musk's role in all this and the seeming arrival of Silicon Valley or a certain version of Silicon Valley in Washington, DC. You're familiar with both worlds, the world of big tech and Silicon Valley and Washington. Is that your historical reading that these two worlds are coming together in this second Trump administration?Tim Wu: It's very natural for economic power to start to seek political power. It follows from the basic view of monopoly as a creature that wants to defend itself, and the second observation that the most effective means of self-defense is control of government. If you follow that very simple logic, it stands to reason that the most powerful economic entities would try to gain control of government.I want to talk about the next five years. The tech industry is following the lead of Palantir and Peter Thiel, who were pioneers in thinking that instead of trying to avoid government, they should try to control it. I think that is the obvious move over the next four years.Andrew Keen: I've been reading your excellent essay in Liberties, "The Real Road to Serfdom." When did you write it? It seems particularly pertinent this week, although of course you didn't write it knowing exactly what was going to be happening with Musk and Washington DC and Trump and Ukraine.Tim Wu: I wrote it about two years ago when I got out of the White House. The themes are trying to get at eternal issues about the dangers of economic power and concentrated economic power and its unaccountability. If it made predictions that are starting to come true, I don't know if that's good or bad.Andrew Keen: "The Real Road to Serfdom" is, of course, a reference to the Hayek book "The Road to Serfdom." Did you consciously use that title with reference to Hayek, or was that a Liberties decision?Tim Wu: That was my decision. At that point, and I may still write this, I was thinking of writing a book just called "The Real Road to Serfdom." I am both fascinated and a fan of Hayek in certain ways. I think he nailed certain things exactly right but makes big errors at the same time.To his credit, Hayek was very critical of monopoly and very critical of the role of the state in reinforcing monopoly. But he had an almost naivete about what powerful, unaccountable private economic entities would do with their power. That's essentially my criticism.Andrew Keen: In 2018, you wrote a book, "The Curse of Bigness." And in a way, this is an essay against bigness, but it's written—please correct me if I'm wrong—I read it as a critique of the left, suggesting that there were times in the essay, if you're reading it blind, you could have been reading Hayek in its critique of Marx and centralization and Lenin and Stalin and the Ukrainian famines. Is the message in the book, Tim—is your audience a progressive audience? Are you saying that it's a mistake to rely on bigness, so to speak, the state as a redistributive platform?Tim Wu: Not entirely. I'm very critical of communist planned economies, and that's part of it. But it's mainly a critique of libertarian faith in private economic power or sort of the blindness to the dangers of it.My basic thesis in "The Real Road to Serfdom" is that free market economies will tend to monopolize. Once monopoly power is achieved, it tends to set off a strong desire to extract as much wealth from the rest of the economy as it can, creating something closer to a feudal-type economy with an underclass. That tends to create a huge amount of resentment and populist anger, and democracies have to respond to that anger.The libertarian answer of saying that's fine, this problem will go away, is a terrible answer. History suggests that what happens instead is if democracy doesn't do anything, the state takes over, usually on the back of a populist strongman. It could be a communist, could be fascist, could be just a random authoritarian like in South America.I guess I'd say it's a critique of both the right and the left—the right for being blind to the dangers of concentrated economic power, and the left, especially the communist left, for idolizing the takeover of vital functions by a giant state, which has a track record as bad, if not worse, than purely private power.Andrew Keen: You bring up Hugo Chavez in the essay, the now departed Venezuelan strongman. You're obviously no great fan of his, but you do seem to suggest that Chavez, like so many other authoritarians, built his popularity on the truth of people's suffering. Is that fair?Tim Wu: That is very fair. In the 90s, when Chavez first came to power through popular election, everyone was mystified and thought he was some throwback to the dictators of the 60s and 70s. But he turned out to be a pioneer of our future, of the new form of autocrat, who appealed to the unfairness of the economy post-globalization.Leaders like Hungary's Viktor Orbán, and certainly Donald Trump, are direct descendants of Hugo Chavez in their approach. They follow the same playbook, appealing to the same kind of pain and suffering, promising to act for the people as opposed to the elites, the foreigners, and the immigrants. Chavez is also a cautionary lesson. He started in a way which the population liked—he lowered gas prices, gave away money, nationalized industry. He was very popular. But then like most autocrats, he eventually turned the money to himself and destroyed his own country.Andrew Keen: Why are autocrats like Chavez and perhaps Trump so much better at capturing that anger than Democrats like Joe Biden and Kamala Harris?Tim Wu: People who are outside the system like Chavez are able to tap into resentment and anger in a way which is less diluted by their direct information environment and their colleagues. Anyone who hangs around Washington, DC for a long time becomes more muted and careful. They lose credibility.That said, the fact that populist strongmen take over countries in distress suggests we need to avoid that level of economic distress in the first place and protect the middle class. Happy, contented middle-class countries don't tend to see the rise of authoritarian dictators. There isn't some Danish version of Hugo Chavez in the running right now.Andrew Keen: You bring up Denmark. Denmark always comes up in these kinds of conversations. What's admirable about your essay is you mostly don't fall into the Denmark trap of simply saying, "Why don't we all become like Denmark?" But at the same time, you acknowledge that the Danish model is attractive, suggesting we've misunderstood it or treated it superficially. What can and can't we learn from the Danish model?Tim Wu: American liberals often misunderstand the lesson of Scandinavia and other countries that have strong, prosperous middle classes like Taiwan, Japan, and Korea. In Scandinavia's case, the go-to explanation is that it's just the liberals' favorite set of policies—high taxation, strong social support systems. But I think the structure of those economies is much more important.They have what Jacob Hacker calls very strong "pre-distribution." They've avoided just having a small set of monopolists who make all the money and then hopefully hand it out to other people. It goes back to their land reform in the early 19th century, where they set up a very different kind of economy with a broad distribution of productive assets.If I'm trying to promote a philosophy in this book, it's for people who are fed up with the excesses of laissez-faire capitalism and think it leads to autocracy, but who are also no fans of communism or socialism. Just saying "let people pile up money and we'll tax it later" is not going to work. What you need is an economy structured with multiple centers of distributed economic power.Andrew Keen: The term that seems to summarize that in the essay is "architecture of parity." It's a bit clunky, but is that the best way to sum up your thinking?Tim Wu: I'm working on the terminology. Architecture of equality, parity, decentralized capitalism, distribution—these are all terms trying to capture it. It's more of a 19th century form of Christian or Catholic economics. People are grasping for the right word for an economic system that doesn't rely on just a few giant companies taking money from everybody and hopefully redistributing it. That model is broken and has a dangerous tendency to lead to toxicity. We need a better capitalism. An alternative title for this piece could have been "Saving Capitalism from Itself."Andrew Keen: Your name is most associated with tech and your critique of big tech. Does this get beyond big tech? Are there other sectors of the economy you're interested in fixing and reforming?Tim Wu: Absolutely. Silicon Valley is the most obvious and easiest entry point to talk about concentrated economic power. You can see the dependence on a small number of platforms that have earnings and profits far beyond what anyone imagined possible. But we're talking about an economy-wide, almost global set of problems.Some industries are worse. The meat processing industry in the United States is horrendously concentrated—it takes all the money from farmers, charges us too much for meat, and keeps it for itself. There are many industries where people are looking for something to understand or believe in that's different than socialism but different than this libertarian capitalism that ends up bankrupting people. Tech is the easiest way to talk about it, but not the be-all and end-all of my interest.Andrew Keen: Are there other examples where we're beginning to see decentralized capitalism? The essay was very strong on the critique, but I found fewer examples of decentralized capitalism in practice outside maybe Denmark in the 2020s.Tim Wu: East Asia post-World War II is a strong example of success. While no economy is purely small businesses, although Taiwan comes close, if you look at the East Asian story after World War II, one of the big features was an effort to reform land, give land to peasants, and create a landowning class to replace the feudal system. They had huge entrepreneurism, especially in Korea and Taiwan, less in Japan. This built a strong and prosperous middle and upper middle class.Japan has gone through hard times—they let their companies get too big and they stagnated. But Korea and Taiwan have gone from being third world economies to Taiwan now being wealthier per capita than Japan. The United States is another strong example, vacillating between being very big and very small. Even at its biggest, it still has a strong entrepreneurial culture and sectors with many small entities. Germany is another good example. There's no perfect version, but what I'm saying is that the model of monopolized economies and just having a few winners and hoping that anybody else can get tax payments is really a losing proposition.Andrew Keen: You were on Chris Hayes recently talking about antitrust. You're one of America's leading thinkers on antitrust and were brought into the Biden administration on the antitrust front. Is antitrust then the heart of the matter? Is this really the key to decentralizing capitalism?Tim Wu: I think it's a big tool, one of the tools of managing the economy. It works by preventing industries from merging their way into monopoly and keeps a careful eye on structure. In the same way that no one would say interest rates are the be-all and end-all of monetary policy, when we're talking about structural policy, having antitrust law actively preventing overconcentration is important.In the White House itself, we spent a lot of time trying to get other agencies to prevent their sectors, whether healthcare or transportation, from becoming overly monopolized and extractive. You can have many parts of the government involved—the antitrust agencies are key, but they're not the only solution.Andrew Keen: You wrote an interesting piece for The Atlantic about Biden's antitrust initiatives. You said the outgoing president's legacy of revived antitrust enforcement won't be easy to undo. Trump is very good at breaking things. Why is it going to be hard to undo? Lina Khan's gone—the woman who seems to unite all of Silicon Valley in their dislike of her. What did Biden do to protect antitrust legislation?Tim Wu: The legal patterns have changed and the cases are ongoing. But I think more important is a change of consciousness and ideology and change in popular support. I don't think there is great support for letting big tech do whatever they want without oversight. There are people who believe in that and some of them have influence in this administration, but there's been a real change in consciousness.I note that the Federal Trade Commission has already announced that it's going to stick with the Biden administration's merger rules, and my strong sense is the Department of Justice will do the same. There are certain things that Trump did that we stuck with in the Biden administration because they were popular—the most obvious being the turn toward China. Going back to the Bush era approach of never bothering any monopolies, I just don't think there's an appetite for it.Andrew Keen: Why is Lina Khan so unpopular in Silicon Valley?Tim Wu: It's interesting. I'm not usually one to attribute things to sexism, but the Justice Department brought more cases against big tech than she did. Jonathan Kanter, who ran antitrust at Justice, won the case against Google. His firm was trying to break up Google. They may still do it, but somehow Lina Khan became the face of it. I think because she's young and a woman—I don't know why Jonathan Kanter didn't become the symbol in the same way.Andrew Keen: You bring up the AT&T and IBM cases in the US tech narrative in the essay, suggesting that we can learn a great deal from them. What can we learn from those cases?Tim Wu: The United States from the 70s through the 2010s was an extraordinarily innovative place and did amazing things in the tech industry. An important part of that was challenging the big IBM and AT&T monopolies. AT&T was broken into eight pieces. IBM was forced to begin selling its software separately and opened up the software markets to what became a new software industry.AT&T earlier had been forced to license the transistor, which opened up the semiconductor industry and to some degree the computing industry, and had to stay out of computing. The government intervened pretty forcefully—a form of industrial policy to weaken its tech monopolies. The lesson is that we need to do the same thing right now.Some people will ask about China, but I think the United States has always done best when it constantly challenges established power and creates room for entrepreneurs to take their shot. I want very much for the new AI companies to challenge the main tech platforms and see what comes of that, as opposed to becoming a stagnant industry. Everyone says nothing can become stagnant, but the aerospace industry was pretty quick-moving in the 60s, and now you have Boeing and Airbus sitting there. It's very easy for a tech industry to stagnate, and attacking monopolists is the best way to prevent that.Andrew Keen: You mentioned Google earlier. You had an interesting op-ed in The New York Times last year about what we should do about Google. My wife is head of litigation at Google, so I'm not entirely disinterested. I also have a career as a critic of Google. If Kent Walker was here, he would acknowledge some of the things he was saying. But he would say Google still innovates—Google hasn't become Boeing. It's innovating in AI, in self-driving cars, it's shifting search. Would he be entirely wrong?Tim Wu: No, he wouldn't be entirely wrong. In the same way that IBM kept going, AT&T kept going. What you want in tech industries is a fair fight. The problem with Google isn't that they're investing in AI or trying to build self-driving cars—that's great. The problem is that they were paying over $20 billion a year to Apple for a promise not to compete in search. Through control of the browsers and many other things, they were trying to make sure they could never be dislodged.My view of the economics is monopolists need to always be a little insecure. They need to be in a position where they can be challenged. That happens—there are companies who, like AT&T in the 70s or 60s, felt they were immune. It took the government to make space. I think it's very important for there to be opportunities to challenge the big guys and try to seize the pie.Andrew Keen: I'm curious where you are on Section 230. Google won their Supreme Court case when it came to Section 230. In this sense, I'm guessing you view Google as being on the side of the good guys.Tim Wu: Section 230 is interesting. In the early days of the Internet, it was an important infant industry protection. It was an insulation that was vital to get those little companies at the time to give them an opportunity to grow and build business models, because if you're being sued by billions of people, you can't really do too much.Section 230 was originally designed to protect people like AOL, who ran user forums and had millions of people discussing—kind of like Reddit. I think as Google and companies like Facebook became active in promoting materials and became more like media companies, the case for an absolutist Section 230 became a lot weaker. The law didn't really change but the companies did.Andrew Keen: You wrote the essay "The Real Road to Serfdom" a couple of years ago. You also talked earlier about AI. There's not a lot of AI in this, but 50% of all the investment in technology over the last year was in AI, and most of that has gone into these huge platforms—OpenAI, Anthropic, Google Gemini. Is AI now the central theater, both in the Road to Serfdom and in liberating ourselves from big tech?Tim Wu: Two years ago when I was writing this, I was determined not to say anything that would look stupid about AI later. There's a lot more on what I think about AI in my new book coming in November.I see AI as a classic potential successor technology. It obviously is the most significant successor to the web and the mass Internet of 20 years ago in terms of having potential to displace things like search and change the way people do various forms of productivity. How technology plays out depends a lot on the economic structure. If you think about a technology like the cotton gin, it didn't automatically lead to broad flourishing, but reinforced plantation slavery.What I hope happens with AI is that it sets off more competition and destabilization for some of the tech platforms as opposed to reinforcing their advantage and locking them in forever. I don't know if we know what's going to happen right now. I think it's extremely important that OpenAI stays separate from the existing tech companies, because if this just becomes the same players absorbing technology, that sounds a lot like the darker chapters in US tech history.Andrew Keen: And what about the power of AI to liberate ourselves from our brain power as the next industrial revolution? When I was reading the essay, I thought it would be a very good model, both as a warning and in terms of offering potential for us to create this new architecture of parity. Because the technology in itself, in theory at least, is one of parity—one of democratizing brainpower.Tim Wu: Yes, I agree it has extraordinary potential. Things can go in two directions. The Industrial Revolution is one example where you had more of a top-down centralization of the means of production that was very bad for many people initially, though there were longer-term gains.I would hope AI would be something more like the PC revolution in the 80s and 90s, which did augment individual humanity as opposed to collective enterprise. It allowed people to do things like start their own travel agency or accounting firm with just a computer. I am interested and bullish on the potential of AI to empower smaller units, but I'm concerned it will be used to reinforce existing economic structures. The jury's out—the future will tell us. Just hoping it's going to make humanity better is not going to be the best answer.Andrew Keen: When you were writing this essay, Web3 was still in vogue then—the idea of blockchain and crypto decentralizing the economy. But I didn't see any references to Web3 and the role of technology in democratizing capitalism in terms of the architecture of corporations. Are you skeptical of the Web3 ideology?Tim Wu: The essay had its limits since I was also talking about 18th century Denmark. I have a lot more on blockchain and Web3 in the book. The challenge with crypto and Bitcoin is that it both over-promises and delivers something. I've been very interested in crypto and blockchain for a long time. The challenge it's had is constantly promising to decentralize great systems and failing, then people stealing billions of dollars and ending up in prison.It has a dubious track record, but it does have this core potential for a certain class of people to earn money. I'm always in favor of anything that is an alternative means of earning money. There are people who made money on it. I just think it's failed to execute on its promises. Blockchain in particular has failed to be a real challenge to web technologies.Andrew Keen: As you say, Hayek inspired the book and in some sense this is intellectual. The father of decentralization in ideological terms was E.F. Schumacher. I don't think you reference him, but do you think there has been much thinking since Schumacher on the value of smallness and decentralized architectures? What do people like yourself add to what Schumacher missed in his critique of bigness?Tim Wu: Schumacher is a good example. Rawls is actually under-recognized as being interested in these things. I see myself as writing in the tradition of those figures and trying to pursue a political economy that values a more balanced economy and small production.Hopefully what I add is a level of institutional experience and practicality that was missing. Rawls is slightly unfair because he's a philosopher, but his model doesn't include firms—it's just individuals. So it's all about balancing between poor people and rich people when obviously economic power is also held by corporations.I'm trying to create more flesh on the bones of the "small is beautiful" philosophy and political economy that is less starry-eyed and more realistic. I'm putting forward the point that you're not sacrificing growth and you're taking less political risk with a more balanced economy. There's an adulation of bigness in our time—exciting big companies are glamorous. But long-term prosperity does better when you have more centers, a more balanced system. I'm not an ultra-centralist suggesting we should live in mud huts, but I do think the worship of monopoly is very similar to the worship of autocracy and is dangerous.Andrew Keen: Much to discuss. Tim Wu, thank you so much. The author of "The Real Road to Serfdom," fascinating essay in this month's issue of Liberties. I know "The Age of Extraction" will be coming out on November 10th.Tim Wu: In England and US at the same time.Andrew Keen: We'll get you back on the show. Fascinating conversation, Tim. Thank you so much.Hailed as the “architect” of the Biden administration's competition and antitrust policies, Tim Wu writes and teaches about private power and related topics. First known for coining the term “net neutrality” in 2002, in recent years Wu has been a leader in the revitalization of American antitrust and has taken a particular focus on the growing power of the big tech platforms. In 2021, he was appointed to serve in the White House as special assistant to the president for technology and competition policy. A professor at Columbia Law School since 2006, Wu has also held posts in public service. He was enforcement counsel in the New York Attorney General's Office, worked on competition policy for the National Economic Council during the Barack Obama administration, and worked in antitrust enforcement at the Federal Trade Commission. In 2014, Wu was a Democratic primary candidate for lieutenant governor of New York. In his most recent book, The Curse of Bigness: Antitrust in the New Gilded Age (2018), he argues that corporate and industrial concentration can lead to the rise of populism, nationalism, and extremist politicians. His previous books include The Attention Merchants: The Epic Scramble to Get Inside Our Heads (2016), The Master Switch: The Rise and Fall of Information Empires (2010), and Who Controls the Internet?: Illusions of a Borderless World (2006), which he co-authored with Jack Goldsmith. Wu was a contributing opinion writer for The New York Times and also has written for Slate, The New Yorker, and The Washington Post. He once explained the concept of net neutrality to late-night host Stephen Colbert while he rode a rollercoaster. He has been named one of America's 100 most influential lawyers by the National Law Journal; has made Politico's list of 50 most influential figures in American politics (more than once); and has been included in the Scientific American 50 of policy leadership. Wu is a member of the American Academy of Arts and Sciences. He served as a law clerk for Justice Stephen Breyer of the U.S. Supreme Court and Judge Richard Posner of the U.S. Court of Appeals for the 7th Circuit.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
On The Dominic Carter Show, Dominic broadcasts live from Washington D.C. where he spoke with Kevin Hassett, Director of the National Economic Council of the United States and White House Press Secretary, Karoline Leavitt. Learn more about your ad choices. Visit megaphone.fm/adchoices
Dominic speaks with Kevin Hassett, Director of the National Economic Council to discuss the multi-pronged approach to address inflation, criticizing the Biden administration's spending policies and highlighting President Trump's strategy of cutting government spending and increasing supply. Hassett also discusses the avian flu crisis and the Biden administration's handling of it, emphasizing plans to control it and reduce egg prices. Furthermore, he covers the benefits of renewing the 2017 Tax Cuts and Jobs Act for American families and businesses. On international trade, Hassett explains Trump's reciprocal trade approach to balance tariffs. Lastly, Hassett reassures listeners that economic conditions are improving under Trump's leadership, citing a decrease in market interest rates since Trump's inauguration. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week on "Face the Nation with Margaret Brennan", President Trump's national security team takes his MAGA movement to Europe. We talk to Secretary of State Marco Rubio in his first Sunday show interview since taking office. Kevin Hassett, director of the National Economic Council, joins the show to discuss the economy and inflation. And House Intelligence Committee Republican Dan Crenshaw (R-TX) discusses the annual Munich Security Conference that just finished, particularly around a peace deal for the war in Ukraine. Learn more about your ad choices. Visit megaphone.fm/adchoices
Elon Musk isn't just shaping the future of technology—he's wielding unprecedented influence over American policy with an official role in Trump's Department of Government Efficiency. With deep economic stakes in transportation, social media, satellite technology, and space exploration, his personal interests are increasingly intertwined with national policy, raising serious ethical red flags. Critics warn that his unchecked access to private data, his ability to control information sharing through X (formerly Twitter), and his lack of accountability pose a grave risk to democracy itself. We get into it with cybersecurity expert Nejolla Korris. 5:20 | But first...President Donald Trump sent shock waves around the world with his candid comments about the U.S. "owning" Gaza and displacing 1.8 million Palestinians along the way. 16:20 | The world's richest man has a huge influence on America's domestic and foreign policy as an unelected official. We talk to cybersecurity expert Nejolla Korris about Elon Musk's relationship with Donald Trump, America's move toward a tech oligarchy, and the rise of bots on social media sites. NEJOLLA'S WORK: https://www.interveritas.com/ 1:03:30 | Got plans for Family Day weekend? Why not head out to Jasper! Ryan gives a sneak peek of his family's video collaboration with Tourism Jasper, and has details on an Edmonton fundraiser for Jasper Raft Tours. FAMILY DAY in JASPER: https://www.jasper.travel/blog/5-ways-celebrate-family-day-jasper-national-park/ RAISE THE RAFT: https://www.facebook.com/photo/?fbid=1207727644688155&set=pcb.1207727728021480 1:11:11 | When should government fund or defund media? Jespo pulls back the curtain on Real Talk's position, including whether or not we receive a federal media subsidy. 1:32:20 | Do you engage when a friend or family member shares misinformation on social media? Ryan shares details of a current conundrum. 1:39:45 | Did you catch the awkward exchange between journalist Lauren Boothby and Edmonton Police Chief Dale McFee? 1:46:45 | Tough look for Edmonton, as Donald Trump's National Economic Council director Kevin Hassett takes a big swipe at Alberta's capital city on an international news broadcast. GUY FELICELLA on REAL TALK: https://rtrj.info/051723GuyF TELL US WHAT YOU THINK: talk@ryanjespersen.com HANG OUT WITH JESPO AT OTR ON SUPER BOWL SUNDAY: https://ontherocksyeg.com/ FOLLOW US ON TIKTOK, X, & INSTAGRAM: @realtalkrj & @ryanjespersen JOIN US ON FACEBOOK & LINKEDIN: @ryanjespersen REAL TALK MERCH: https://ryanjespersen.com/merch RECEIVE EXCLUSIVE PERKS - BECOME A REAL TALK PATRON: patreon.com/ryanjespersen THANK YOU FOR SUPPORTING OUR SPONSORS! https://ryanjespersen.com/sponsors
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Wayne Ting is CEO of Lime. The global leader in micromobility, the first to achieve a fully profitable year (2022). Last year, Lime did over $600M in gross bookings, $90M in EBITDA. Their 4-year top-line CAGR is 30%. Before joining Lime, Wayne spent four years at Uber in various roles, including Chief of Staff to CEO Dara Khosrowshahi, and General Manager of Uber's Northern California business. Wayne previously served as a Senior Policy Advisor on the White House's National Economic Council under President Obama. In Today's Episode with Wayne Ting We Discuss: Is Lime Really a Good Business: How did Wayne turn Lime from losing $3 on every $1 to $90M in EBITDA? What worked? What did not work? What did Lime do that he wishes they had not done? What did they not do that he wishes they had done? The Moments that Changed Everything: COVID: Lime lost 95% of their revenues overnight. What did Wayne and Lime do to save the business in such a short space of time? Uber Deal: How did the Uber deal led by Uber CEO, Dara, save Lime as a business? Battery Innovation: How did an innovation on the transportability of batteries and replacing them change the entire Lime business? The Dangers of VC Funding and Capital Efficiency: Why does Wayne believe that VC hype cycles are so damaging for companies and sectors? How did the heat around micromobility damage Lime? What did Wayne and Lime do to increase their capital efficiency so much? What worked? What did not? AMA with the CEO of Lime: What company did Lime not acquire that Wayne wishes they had? How did having a stroke change the way that Wayne leads? Which competitor does Wayne most respect and admire? What were his biggest lessons from working with Dara @ Uber?
Gary Cohn, Vice Chairman at IBM and former National Economic Council director, discusses the political difficulties in delivering US tax cuts, the corporate community’s optimism for President Donald Trump’s policies, and offers historical perspective on the yield curve. He is joined by Bloomberg's Jonathan Ferro and Lisa Abramowicz.See omnystudio.com/listener for privacy information.
FAN MAIL--We would love YOUR feedback--Send us a Text MessageThe episode centers around President-elect Trump's cabinet nominations, highlighting the speed and implications of his choices compared to previous administrations. With a focus on Dr. Jay Bhattacharya for the NIH and Kash Patel for FBI Director, the discussion emphasizes their potential to reshape health policy and law enforcement in America. Most especially with Kevin Hassett at NEC.Key Points from the Episode:Trump's cabinet nominations signal a swift transition process Historical context of delays in previous presidential confirmations Dr. Jay Bhattacharya's nomination aims to reform the NIH Overview of the Great Barrington Declaration and its significance Kash Patel's background and potential to revitalize the FBI Reflection on the implications for public trust in federal agenciesDiscussion of the importance of actionable leadership Kevin Hassett at National Economic Council will regain the MOJO we had back in 2018, and 2019 to get the economy moving again. Suggestions for further reading on related topicsOther resources: Fat Man, Thin Man podcast episodeWant to leave a review? Click here, and if we earned a five-star review from you **high five and knuckle bumps**, we appreciate it greatly, thank you so much!Because we care what you think about what we think and our website, please email David@teammojoacademy.com.
White House National Economic Council Director Lael Brainard discusses the US dockworker strike halted as talks extended to January. Brainard spoke with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern.See omnystudio.com/listener for privacy information.
The DEC hosted Lael Brainard, Director, National Economic Council and White House National Economic Advisor, on Monday, September 23, at the Masonic. In a conversation moderated by Glenn Stevens of MichAuto, Miss Brainard discussed "Strengthening the U.S. Auto Industry" and answered questions from the audience.
The United States is grappling with two of the biggest challenges it has ever faced: the rise of China and the threat of catastrophic climate change. At home, the Biden administration has forged a green industrial policy that could transform the U.S. economy. But as China threatens to dominate the global market for clean energy, it is not enough to invest domestically, Brian Deese argues in a new Foreign Affairs essay. Deese has been at the center of climate and economic policymaking for over a decade. He served as the director of the National Economic Council in the Biden administration, where he was one of the key architects behind the Inflation Reduction Act. During the Obama years, he helped lead the auto bailout and negotiate the Paris agreement on climate change. Now, he has a plan for the United States to lead the global energy transition on its own terms.
Leslie is joined by Brendan Duke, Senior Director for Economic Policy at the Center for American Progress Action Fund. The pair discuss two of his most recent pieces for CAP. (both listed below) 1. "Donald Trump Is Lying About Immigrants and Social Security/Medicare" (https://www.americanprogressaction.org/article/donald-trump-is-lying-about-immigrants-and-social-security-medicare/) 2. "Harris' Plan To Raise the Minimum Wage and Eliminate Tax on Tips Would Benefit Service and Hospitality Workers" (www.americanprogressaction.org/article/harris-plan-to-raise-the-minimum-wage-and-eliminate-tax-on-tips-would-benefit-service-and-hospitality-workers/) Previously, Brendan was a senior policy adviser at the White House National Economic Council for the Biden-Harris administration, and a member of their presidential transition team. Duke estimated the cost of various provisions of the 'American Rescue Plan' and of the administration's 'Build Back Better' plan, as well as helped develop its overall budgetary frameworks. He also worked on the administration's Supply Chain Disruptions Task Force, where he served as the National Economic Council's point person on supply chain data during the port congestion crisis of 2021, and the infant formula crisis of 2022. His handle on X is @Brendan_Duke.
Leslie is joined by Brendan Duke, Senior Director for Economic Policy at the Center for American Progress Action Fund. The pair discuss two of his most recent pieces for CAP. (both listed below) 1. "Donald Trump Is Lying About Immigrants and Social Security/Medicare" (https://www.americanprogressaction.org/article/donald-trump-is-lying-about-immigrants-and-social-security-medicare/) 2. "Harris' Plan To Raise the Minimum Wage and Eliminate Tax on Tips Would Benefit Service and Hospitality Workers" (www.americanprogressaction.org/article/harris-plan-to-raise-the-minimum-wage-and-eliminate-tax-on-tips-would-benefit-service-and-hospitality-workers/) Previously, Brendan was a senior policy adviser at the White House National Economic Council for the Biden-Harris administration, and a member of their presidential transition team. Duke estimated the cost of various provisions of the 'American Rescue Plan' and of the administration's 'Build Back Better' plan, as well as helped develop its overall budgetary frameworks. He also worked on the administration's Supply Chain Disruptions Task Force, where he served as the National Economic Council's point person on supply chain data during the port congestion crisis of 2021, and the infant formula crisis of 2022. His handle on X is @Brendan_Duke.
We revisit an episode from 2016 that asks: Has our culture's obsession with innovation led us to neglect the fact that things also need to be taken care of? SOURCES:Martin Casado, general partner at Andreessen Horowitz.Ruth Schwartz Cowan, professor emerita of history and sociology of science at University of Pennsylvania.Edward Glaeser, professor of economics at Harvard University.Chris Lacinak, founder and president of AVPreserve.Andrew Russell, provost of SUNY Polytechnic Institute.Lawrence Summers, professor and president emeritus of Harvard University; former Secretary of the Treasury and former director of the National Economic Council.Lee Vinsel, professor of science, technology, and society at Virginia Tech. RESOURCES:“Hail the Maintainers," by Andrew Russell and Lee Vinsel (Aeon, 2016).“A Lesson on Infrastructure From the Anderson Bridge Fiasco,” by Lawrence Summers and Rachel Lipson (The Boston Globe, 2016).Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier, by Edward Glaeser (2008).More Work for Mother: The Ironies of Household Technology from the Open Hearth to the Microwave, by Ruth Schwartz Cowan (1983). EXTRAS:"Freakonomics Radio Takes to the Skies," series by Freakonomics Radio (2023)."Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away," by People I (Mostly) Admire (2021)."Why Larry Summers Is the Economist Everyone Hates to Love," by Freakonomics Radio (2017).
To discuss the post-election future of US competition policy, ChinaTalk interviewed Peter Harrell and Nazak Nikakhtar. Nazak served in the Trump administration after a long career as a civil servant, where she was instrumental in shaping the Commerce Department's work on China, first at the International Trade Administration and later leading the Bureau of Industry and Security. Peter worked in the Biden administration on the National Economic Council and National Security Council, focusing on international economics, export controls, and investment restrictions. We discuss… The role of the executive in setting the industrial policy agenda Leadership shortcomings in the Biden and Trump administrations Competition with China — bipartisan consensus, bureaucratic inertia, and strategies to stop wasting time. Advice for America's next president, from export controls to pharmaceutical decoupling and alliance management Creative approaches to supply chain resilience This is 2023 CSET report Jordan referenced (See the “Understanding the Intangibles section) Outtro Music: Jun Mayuzumi - Black Room (Youtube Link) Learn more about your ad choices. Visit megaphone.fm/adchoices
To discuss the post-election future of US competition policy, ChinaTalk interviewed Peter Harrell and Nazak Nikakhtar. Nazak served in the Trump administration after a long career as a civil servant, where she was instrumental in shaping the Commerce Department's work on China, first at the International Trade Administration and later leading the Bureau of Industry and Security. Peter worked in the Biden administration on the National Economic Council and National Security Council, focusing on international economics, export controls, and investment restrictions. We discuss… The role of the executive in setting the industrial policy agenda Leadership shortcomings in the Biden and Trump administrations Competition with China — bipartisan consensus, bureaucratic inertia, and strategies to stop wasting time. Advice for America's next president, from export controls to pharmaceutical decoupling and alliance management Creative approaches to supply chain resilience This is 2023 CSET report Jordan referenced (See the “Understanding the Intangibles section) Outtro Music: Jun Mayuzumi - Black Room (Youtube Link) Learn more about your ad choices. Visit megaphone.fm/adchoices
Leslie is joined by Jim Parrott, a nonresident fellow at the Urban Institute, where he is part of their Housing Finance Policy Center. Jim is also owner of Parrott Ryan Advisors, which provides strategic advice on housing finance issues to financial institutions active in the primary and secondary mortgage market. The two discuss the Opinion piece he co-wrote for the Washington Post with Moody Analytics' Chief Economist Mark Zandi. It's titled, "Harris Plan Could Solve the Longtime Affordable Housing Crisis." (Link here: https://www.washingtonpost.com/opinions/2024/08/21/harris-affordable-housing/) Before joining Urban in 2013, Jim Parrott spent several years in the Obama White House as a senior adviser at the National Economic Council, where he led the team of advisers charged with counseling the cabinet and president on housing issues. Before his time in the White House, Parrott was counsel to Secretary Donovan at the US Department of Housing and Urban Development. The website for the Urban Institute is www.Urban.org.
Leslie is joined by Jim Parrott, a nonresident fellow at the Urban Institute, where he is part of their Housing Finance Policy Center. Jim is also owner of Parrott Ryan Advisors, which provides strategic advice on housing finance issues to financial institutions active in the primary and secondary mortgage market. The two discuss the Opinion piece he co-wrote for the Washington Post with Moody Analytics' Chief Economist Mark Zandi. It's titled, "Harris Plan Could Solve the Longtime Affordable Housing Crisis." (Link here: https://www.washingtonpost.com/opinions/2024/08/21/harris-affordable-housing/) Before joining Urban in 2013, Jim Parrott spent several years in the Obama White House as a senior adviser at the National Economic Council, where he led the team of advisers charged with counseling the cabinet and president on housing issues. Before his time in the White House, Parrott was counsel to Secretary Donovan at the US Department of Housing and Urban Development. The website for the Urban Institute is www.Urban.org.
Brad Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations. His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring. He regularly blogs at Follow the Money. Brad served as a senior advisor to the United States Trade Representative from 2021 to 2022, where he worked on the resolution of a number of trade disputes. He had previously served as the deputy assistant secretary for international economic analysis in the US Treasury from 2011 to 2015 and as a director for international economics on the staff of the National Economic Council and the National Security Council. This podcast covers yen carry trade dynamics, FX intervention, Japan fiscal dynamics, and much more. Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
In this episode, we explore pressing economic questions with Jared Bernstein, Chair of President Biden's Council of Economic Advisors, and Daniel from the National Economic Council. Topics covered include the current state of inflation, the labor market, and the housing market. Key discussions focus on understanding inflation indicators like CPI and PPI, the impact of government policies on housing and rental affordability, and the role of fiscal and monetary policy in addressing economic challenges. The episode also delves into broader economic issues such as child care, eldercare, wealth inequality, and trade policy. Through these conversations, the episode emphasizes the importance of having concrete policy solutions to improve the economy and help the average consumer.00:00 Intro01:20 Inflation05:35 Labor Market11:33 Housing23:29 Conclusion
On Monday, the markets had one of its worst trading days since the 2008 financial crisis. Stocks tumbled around the world, with a global sell-off, amid fears of a recession. The VIX (an index often called “Wall Street's Fear Gauge”) was at times today as high as we saw it when the economy was shutting down for Covid. This comes on the tail of a pretty insane news cycle: a presidential assassination attempt, Joe Biden dropping out of the race, the coronation of a new Democratic nominee, a stolen election (actually) in Venezuela, a Middle East on the brink of war. . . should I go on? But the most pressing issue to most Americans is and always has been the economy. And with everything else going on, many of us have been paying far too little attention to the economic story here at home, and the policies that may have brought us to this moment we find ourselves in today. To explain how we got here is Larry Summers. Summers was Secretary of the Treasury under President Clinton, and he was the director of the National Economic Council under President Obama. He was president of Harvard for five years. And he is one of the world's most prominent economists. Today: What is going on in the market? What caused it? Was it avoidable? What happens next? And what are the long-term repercussions? If you liked what you heard from Honestly, the best way to support us is to go to TheFP.com/subscribe and become a Free Press subscriber today. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jason Bordoff is an expert on geopolitics, energy security and the clean energy transition. He is the Founding Director of the Center on Global Energy Policy at Columbia University's School of International and Public Affairs, and he also held senior roles in the Obama administration, including on the National Economic Council, and the National Security Council. In this episode of World of DaaS, Auren and Jason discuss: The future of solarHow shale oil transformed US energyCritical minerals and energy securityRealities of the clean energy transitionLooking for more tech, data and venture capital intel? Head to worldofdaas.com for our podcast, newsletter and events, and follow us on X @worldofdaas. You can find Auren Hoffman on X at @auren and Jason on X at @JasonBordoff.Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)
Joseph Lavorgna was born in New Haven, Connecticut, and serves as a Senior Fellow at AFPI. Lavorgna previously served as the Chief Economist of the Americas at Natixis, a firm he joined after serving as Special Assistant to the President and Chief Economist of the National Economic Council during the Trump Administration. Learn more about your ad choices. Visit megaphone.fm/adchoices
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe farmers are at it again, they are protesting their governments, this will not end, as long as the [CB]/[WEF] continue to push their agenda the people will push back. The banking system is trouble and as the economy breaks down this is going to wake the majority of the people up. The [DS] is trying everything to cover up their crimes, the coverup always gets you in the end. The hearing are not to prosecute but to catch these people in the coverup. Biden says the quiet part out loud, that Trump shouldn't be President even if he isn't running. What is the [DS] final goal? They are trying to have the people depopulate themselves and prepare them for transhumanism. Trump is showing the people the truth because the truth belongs to the people. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/WallStreetSilv/status/1797627510022373804 Minnesota Mayor Thanks Joe Biden For Canceling His Student Loans and it Backfires Big Time A Minnesota mayor earning $130,000+ per year at his post thanked Joe Biden for canceling his student loan debt. St. Paul Mayor Melvin Carter publicly celebrated hardworking Americans being forced to pay off his student loans even though he earns way more money than the average American worker. “The Supreme Court tried to block me from relieving student debt. But they didn't stop me. I've relieved student debt for over 5 million Americans. I'm going to keep going,” Biden said in a post on X last week. Melvin Carter's decision to brag about his student loan cancelation backfired. Source: thegatewaypundit.com Fmr. Obama Adviser: Greed Isn't Causing Inflation, Companies Didn't Only Decide to Maximize Profit Under Biden ,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the Council of Economic Advisers and the National Economic Council under President Bill Clinton dismissed arguments that corporate greed is the cause of inflation and argued that companies always try to maximize their profits and didn't just start deciding to do so in the past couple years, and the real culprit was demand spiking. Source: breitbart.com https://twitter.com/KobeissiLetter/status/1798004871272272112 condition will change for the rest of their lives. Meanwhile, ~33% of people surveyed face extreme stress about their debt. 33% of respondents are concerned about saving for the future and 32% are concerned about paying for unexpected expenses. American consumers are struggling. https://twitter.com/KobeissiLetter/status/1797793840457490558 https://twitter.com/RealEJAntoni/status/1797721220630380908 https://twitter.com/KobeissiLetter/status/1797975642883215513 years 6. A record $17.7 trillion in total household debt How is this a "soft landing?" The disconnect between economic data and consumer sentiment is simply huge. Most of the data suggests things are "fine" while consumers are struggling. This is far from an indication of a healthy economy. Political/Rights ‘No One Is Above the Law': DOJ Declares in Opening Statement of Hunter Biden's Gun Trial Prosecutor Derek Hines delivered a blistering opening statement in Hunter Biden's gun trial on Tuesday, telling the jurors that “no one is above the law.” The opening salvo set the stage for the prosecution's framing of the trial. “It doesn't matter who you are or what your name is...
© 2020-2025 Ivy Podcast Discovery LLC
