Podcasts about white house national economic council

When most of us woke up Wednesday morning, President Donald Trump was still very excited about the tariffs he imposed on dozens of countries that had gone into effect just after midnight eastern time. At the National Republican Congressional Committee dinner the night before, he even claimed the scheme would be ‘legendary in a positive way' and bragged, ‘These countries are calling us up. Kissing my ass.' But by Wednesday afternoon, Trump had blinked, announcing a 90-day pause on nearly all of the ‘reciprocal' tariffs he unveiled last week (China was the exception; he boosted tariffs to 125 percent after Beijing retaliated with it's own reciprocal tariffs). Alex Jacquez, chief of policy and advocacy at the progressive think tank Groundwork Collaborative and a member of former President Biden's White House National Economic Council, explains why all this volatility leaves America worse off economically.And in headlines: Michigan Gov. Gretchen Whitmer made an uncomfortable guest appearance in the Oval Office, The White House said it's freezing hundreds of millions in federal funding for Cornell and Northwestern universities, and two federal judges put limits on the Trump administration's use of the Alien Enemies Act to deport alleged foreign gang members.Show Notes:Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday

As President Trump's sweeping new tariffs roil global stock markets, George Stephanopoulos speaks exclusively with White House National Economic Council director Kevin Hassett about the deepening trade war. Then, Senator Cory Booker joins George Stephanopoulos to discuss his record-breaking speech in the Senate and how Democrats will respond to President Trump's sweeping new tariffs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jon Hartley and Neale Mahoney (Stanford Economics Professor) discuss Neale's career, Neale's research on consumer sentiment, junk fees, and medical debt, as well as Neale's time in the Biden Administration National Economic Council and the future of economic policy. Recorded on January 8, 2025.  ABOUT THE SPEAKERS: Neale Mahoney is the Trione Director of Stanford Institute for Economic Policy Research (SIEPR), a Professor of Economics at Stanford University, the George P. Shultz Fellow at SIEPR, a Research Associate at the National Bureau of Economic Research, and an Affiliated Professor at J-PAL. In 2022-2023, he was a Special Policy Advisor for Economic Policy in the White House National Economic Council. Mahoney is an applied micro-economist with an interest in healthcare and consumer financial markets. He is a member of the Consumer Financial Protection Bureau (CFPB) Academic Research Council. He received the ASHEcon Medal in 2021 (given to an economist age 40 or under who has made the most significant contributions to the field of health economics) and a Sloan Research Fellowship in 2016.  Before joining Stanford, Mahoney was a professor of Economics and David G. Booth Faculty Fellow at the University of Chicago Booth School of Business. He was also a Robert Wood Johnson Fellow in health policy research at Harvard University and worked for the Obama Administration on healthcare reform. Mahoney received a PhD and MA in economics from Stanford University and an ScB in applied mathematics-economics from Brown University. Follow Neale Mahoney on X: @nealemahoney Jon Hartley is a policy fellow, the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

In this special episode of Pod Save the World, Ben looks at the most existential issue of our time, and one that gets little attention on the campaign trail: climate change. He examines both Harris and Trump's records, the domestic and global benefits of the Inflation Reduction Act, the dire circumstances for small island nations and vulnerable communities, and what's at stake if the US abandons climate leadership. Ben is joined by Brian Deese, former Director of the White House National Economic Council in the Biden administration, Leah Stokes, an Associate Professor of Environmental Politics at UCSB, and Rueanna Haynes, the Head of Diplomacy, Climate Analytics, and Director of Climate Analytics, Caribbean. For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.

American consumers are awash in subscriptions, incurring monthly or annual fees for streaming services, software, online gaming memberships, meal delivery and more. And about 40% of us report that we pay for subscriptions we don't use, according to a 2022 study. Last week Governor Gavin Newsom signed the “Click to Cancel” bill, which will make it easier for Californians to cancel unwanted subscriptions starting in July 2025. We'll learn more and hear from you: Are you overwhelmed by your subscriptions? How do you manage them? Guests: Pilar Schiavo, assemblymember, California District 40 (San Fernando Valley and Santa Clarita Valley); sponsor of California's "Click to Cancel" law Neale Mahoney , professor of economics, Stanford University; former special policy advisor for economic policy, White House National Economic Council

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.

Welcome to the What's Next! Podcast with Tiffani Bova.    With the summer Olympics underway, I thought it fitting to return to an inspiring conversation I shared with Olympic Medalist Bonnie St. John. At the age of 5, Bonnie had her right leg amputated. And once you listen to this podcast, you will understand, there was no way that was going to stop her. At the age of 19, she became the first African-American to win medals at the 1984 Winter Paralympics in Innsbruck Austria. Bonnie was appointed by President Clinton as a director for Human Capital Issues on the White House National Economic Council and went on to represent the United States as a member of President Obama's official delegation to the 2010 Paralympic Winter Games in Vancouver and the 2016 Paralympic summer Games in Rio de Janeiro.    Bonnie is also a Leadership Consultant for multiple Fortune 500 companies, the CEO of the Blue Circle Leadership Institute, and a best-selling author of seven books, including How Great Women Lead: A Mother-Daughter Adventure into the Lives of Women Shaping the World, and her latest title Micro-Resilience: Minor Shifts for Major Boosts in Focus, Drive, and Energy! I am thrilled to have Bonnie St. John on the podcast!   THIS EPISODE IS PERFECT FOR… anyone! If you want to overcome your own personal talk track that the obstacles you face are insurmountable, then this is for you. I can't think of a better way for you to spend thirty minutes of your time than listening to “one of the five most inspiring women in America!” (NBC Nightly News)   TODAY'S MAIN MESSAGE… today's episode is a fantastic reminder to always use your challenges, your obstacles, and your unique experiences to become a better leader. Great leaders take cues from the potential connections that can form all around them to change the way they think and therefore lead. Today, we're looking at those connections and how to constantly look for the small, subtle changes in your day-to-day behavior that can help you become a better leader.   WHAT  I  LOVE  MOST… Bonnie taking my Bullish and Bearish scenario from just “robots having their own Olympics,” to having “cyborgs” be the answer. I think it's a great example of Bonnie's amazing sense of humor, and I loved learning more about her, her humility, and all the amazing things she's been able to accomplish in her life (and career) thus far. It was a real treat learning more about what makes the legendary Bonnie St. John such a special human being. Running Time: 31:27   Subscribe on iTunes   Find Tiffani Online: Facebook LinkedIn X   Find Bonnie Online: Twitter Facebook X   Bonnie's Book:  Micro-Resilience: Minor Shifts for Major Boosts in Focus, Drive, and Energy

Much like nutritional labels on food products, “broadband labels” for internet packages tell you just what is going into the pricing of your service, thanks to new rules adopted by the Federal Communications Commission (FCC) in April. “If you've ever shopped for home or mobile internet, you can understand how hard it can be to understand what you're actually paying for,” said Jon Donenberg, Deputy Director of the White House National Economic Council, on a call with reporters. “The broadband nutrition label is a tool that can help consumers make sure they have a clear, straightforward explanation of home and mobile services before signing up for anything.” Following the design of FDA food labels, these broadband labels provide easy-to-understand, accurate information about the cost and performance of high-speed internet service to help consumers avoid junk fees (opaque and misleading fee structures), price hikes, and other unexpected costs. Internet service providers selling home access or mobile broadband plans are required to have a label for each plan beginning April 10. The labels are mandated to appear at any point of sale, including online and in stores, and they are required to disclose all pricing information—including introductory rates, data allowances, and speeds. The labels also include links to information about network management practices and privacy policies. Hidden fees and unexpected rate hikes have dogged consumers shopping for internet service for years, and the Biden administration has been cracking down on “junk fees” across industries—including banking, hotel and airline pricing, and utility and phone services—for the past several years. “Fees can make it hard to understand the true cost of an internet plan,” said Donenberg, adding that the agency is “committed to rooting out surprise junk fees that some companies pile on to your bills.” On a call on April 9, a spokesperson for the FCC clarified that the labels “cannot be buried in multiple clicks” or hidden in a way that a consumer might miss. If a provider does not display their labels or post inaccurate information about its fees or service plans, consumers can file a complaint with the FCC Consumer Complaint Center. This article was provided by The Associated Press.

Chuck and Mark recap a worse-than-expected retail sales report for January and how it offers a glimpse into consumer spending habits. Also, does the Fed have a credibility problem? A dive into recent inflation comments from Lael Brainard, director of the White House National Economic Council. Plus, how are people reacting to raises in an inflationary environment?

Listen to today's top stories, with context, in just 15 minutes. Daniel Hornung, Deputy Director of the White House National Economic Council joins the program to discuss the latest CPI data. Hebe Chen, Market Analyst at IG, sits down with us to share her perspective on Asia markets. Jenni Marsh, Bloomberg Team Leader for Greater China Eco-Gov joins the program to discuss the European Union's proposed trade restrictions on Chinese firms. Subscribe and rate our podcast here:Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.

Kelly serves on the White House National Economic Council and helped lead the executive order issued in 2023 on AI. She discusses what the order requires, the challenges it aims to address and the upside opportunity of the technology.  

Lawrence Summers is the President Emeritus and Charles W. Eliot University Professor at Harvard University. He also served as the 71st Secretary of the Treasury in the Clinton Administration, as Director of the White House National Economic Council in the Obama Administration, and as the Chief Economist of the World Bank. In this episode, Robinson and Larry discuss two topics close to his heart and work. First, they talk about the relationship between economic research and economic policy, both at a broad, theoretical level and with respect to cases, such as the current problem of inflation and Larry's own work on global investments in the education of women. Second, they explore free speech and the social function of the university, including its commitments to the pursuit of truth, the promotion of opportunity, and an increase in prosperity. Larry's Twitter: https://twitter.com/LHSummers Larry's Website: https://larrysummers.com/ OUTLINE 00:00 In This Episode… 01:06 Introduction 05:19 Theory, Research, and Policy in Economics 18:15 Using Research to Debunk Theory 23:00 Investing in Women's Education 27:33 Free Speech at Harvard 34:52 Harvard and the Purpose of the University 38:17 Why Larry Ran Harvard 41:50 The STEM Revolution 54:03 Anti-Semitism in the University Robinson's Website: http://robinsonerhardt.com Robinson Erhardt researches symbolic logic and the foundations of mathematics at Stanford University. Join him in conversations with philosophers, scientists, weightlifters, artists, and everyone in-between.  --- Support this podcast: https://podcasters.spotify.com/pod/show/robinson-erhardt/support

Larry Summers is the Former Treasury Secretary and one of America's leading economists. In addition to serving as 71st Secretary of  the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank. Huge thanks to Sarah Cannon for the intro to Larry today. In Today's Episode with Larry Summers We Discuss: 1. The Journey to Being One of the World's Leading Economists: How Larry's mother and father both being economists shaped his early thinking as an economist? How did Larry's parenting teach his children economics at an early age? What does Larry know now that he wishes he had known when he entered the workforce? 2. How to Get the US Out of Debt: What would Larry do to save the US economy today? What can be done to increase revenues for the US economy? Why does Larry believe carried interest should be taxed as income tax? Why does Larry believe we need more billionaires? How would he tax them more efficiently? Why does Larry believe cutting taxes is indefensible? What can be done to reduce inflation without massively hurting the poorest in society? 3. The World Around Us: What does Larry mean when he says, "Europe is a museum, China is a jail and Bitcoin is an experiement"? Why does Larry believe the next 5 years will be difficult for China? Why does Larry believe the next 5 years will be challenging for Europe? Which nation is Larry most confident about when projecting forward for the next 5-10 years? 4. Politics and a Trump Administration: How does Larry reflect on the role of Biden on the US economy and state of inflation? Would a Trump administration be better or worse for the US economy? What are the chances of Trump beating Biden in the next election? What would Larry most like to change about the US political system?

Manik Suri is Founder and CEO of Therma, a technology startup whose mission is to combat climate change by reducing food waste, refrigerant leakage, and energy use from the global refrigeration system. Therma is deployed across restaurants, retailers, and manufacturers nationwide, with leading brands including McDonald's, 7-Eleven, NOW Foods, and Marriott Hotels.Join Jim Barnish and Manik Suri as they discuss innovations in the cooling industry, creating an app customers loved yet rarely used, pivoting your business, expanding your sales channels, and experimenting with various business strategies until you find a few that work.  3 Key TakeawaysUnderstand Your Customer Acquisition Model: In the past, Therma offered a freemium model, but got burned by customers' churn before the recurring revenue started. Focus on paying customers to better understand what top of funnel customer acquisition works for you.Raising Capital Is Not the End Game: “Raising money is really a tool, not an end. It's just a way to scale impact and do things faster.” Bridging the Divide: Mass media might make you think that the government and tech companies are at odds with each other. But if you get to know the people involved, it might surprise you to see that they are two groups of people working towards similar outcomes. ResourcesManik Suri on LinkedIn: https://www.linkedin.com/in/maniksuri/Manik Suri on Twitter: https://twitter.com/manikvsuri Therma website: https://hellotherma.com/Therma on Twitter: https://twitter.com/hellotherma About Our Guest Manik Suri is the Founder and CEO of technology company Therma. Before founding Therma, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that developed technology solutions to improve government. He is a former Affiliate of Harvard's Berkman Center for Internet & Society and has held positions at global investment firm D.E. Shaw & Company and the White House National Economic Council. Before founding Therma, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that developed technology solutions to improve government. He is a former Affiliate of Harvard's Berkman Center for Internet & Society and has held positions at global investment firm D.E. Shaw & Company and the White House National Economic Council. About The Dirt Podcast The Dirt is about getting real with businesses about the true state of their companies and going clear down to the dirt in solving their core needs as a business. Dive deep with your host Jim Barnish as we uncover The Dirt with some of the world's leading brands.If you love what you are getting out of our show please SUBSCRIBE.For more information on how we dig into the dirt check out our other episodes here: https://www.orchid.black/podcastAbout Our CompanyOrchid Black is a new kind of growth services firm. We partner with tech-forward companies to build smarter, better, game-changing businesses. Website: https://www.orchid.black LinkedIn: https://www.linkedin.com/company/orchidblack/ YouTube: https://www.youtube.com/@OrchidBlack All contents of this show are rights of Orchid Black©️ and are not to be used unless authorized by written consent.

Deputy Chair of the White House National Economic Council joins to discuss the debt limit. And Adrian Shropshire of BlackPac.com joins to talk Biden's re-election.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Joseph LaVorgna, Chief Economist at SMBC Nikko Securities and former Chief and former Chief Economist for the White House National Economic Council; Bob Stein, Deputy Chief Economist at First Trust Advisors and former Chief Economist for the Senate Budget Committee; and Brian Wesbury, Chief Economist at First Trust Advisors and former Chief Economist for the Joint Economic Committee of the US Congress, join Jim and Bob for a discussion on ethics in economics a well as their current views of the economy, inflation and the direction of interest rates. This was a hell of a conversation.

The Federal Reserve announced it's launching a review of the supervision and regulation of Silicon Valley Bank after it collapsed last week. It was the second-largest failure of a financial institution in U.S. history. U.S. regulators also shut down Signature Bank and investors are worried it could spark a broader banking meltdown. President Biden told Americans on Monday that the U.S. banking system remains “safe.” Larry Summers is a former U.S. Treasury Secretary during the Clinton White House and the former Director of the White House National Economic Council during the Obama administration. He tells Anderson Cooper whether he thinks the country is “out of the woods” yet. Plus, bestselling author Jodi Picoult is speaking out after local media published a list of books that were removed from school libraries in Martin County, Florida, including 20 of her books.To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Making news this week was FIS, Worldpay, Stripe, Apple, White House National Economic Council, crypto, Amazon, Google, and Microsoft.

Larry Kudlow talks to John Carney, the Breitbart News Editor and co-author of the Breitbart Business Digest and Joe LaVorgna, the former Chief Economist at the White House National Economic Council and current Chief Economist at SMBC Nikko Securities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Manik Suri is the Founder and CEO of Therma, a technology startup whose mission is to help protect our food, health, and planet. Therma builds smart cooling technologies to reduce emissions and improve grid resilience of distributed energy resources through refrigeration to help power the grid across food and healthcare industries. Manik is an expert on climate and refrigeration and has been speaking at international climate events like The New York Times Climate Hub at COP26, GreenBiz VERGE Electrify, Techonomy Climate, and WEBIT Impact Forum. Previously, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that develops technology solutions to improve government. He has been recognized amongst the Top 100 Harvard Alumni in Technology, is a past Affiliate of Harvard's Berkman Center for Internet & Society, and previously held positions at global investment firm D. E. Shaw & Company and the White House National Economic Council.See omnystudio.com/listener for privacy information.

This week, Joseph Majkut (CSIS) talks with Mike Catanzaro (CGCN) and Marcela Mulholland (Data for Progress) about the need for permitting reform to allow for new energy infrastructure to be built in the United States. Without significant reforms to the permitting process, energy security and the climate agenda in the U.S. could be at risk as new energy projects will see continued delays and struggle to be built.    Michael Catanzaro is President and Chief Policy Officer at the CGCN Group. Before joining CGCN, Catanzaro served as Special Assistant to President Trump for Domestic Energy and Environmental Policy at the White House National Economic Council. He previously served on the Senate Environment and Public Works Committee and on the Bush-Cheney re-election campaign as a top adviser on energy and environmental policy. Catanzaro was Associate Director for Policy in the White House Council on Environmental Quality and Associate Deputy Administrator of the EPA under former President George W. Bush. He also served as a senior adviser to then-Speaker John Boehner on energy and environmental policy. Marcela Mulholland is the Political Director at Data for Progress and a member of its senior leadership team. She represents Data for Progress's work in progressive policy to the media, policymakers, and key partners in the environmental justice and labor movements. Previously, she worked as a Policy Entrepreneur at Next100 developing policy related to the Green New Deal and public housing. Prior to that, Marcela interned with the NAACP's Environmental and Climate Justice Program and served as an organizer and national spokesperson for the Sunrise Movement. Marcela is a South Florida native and holds a B.A. in political science and sustainability studies from the University of Florida.

In the wake of major legislation - the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act - the Biden-Harris Administration is now implementing major public investments across a range of sectors from clean energy to semiconductors to broadband. This work is key to executing on the Administration's modern American industrial strategy, which aims to strengthen supply chains, rebuild the domestic industrial base, and create good jobs across the country.rnrnBrian Deese serves as the Director of the White House National Economic Council, advising President Biden on domestic and international economic policy. In this role, Deese has been a principal architect of the President's economic agenda, including the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPs and Science Act, and the Inflation Reduction Act. Prior to his role, Deese was a Senior Advisor to President Barack Obama, and was instrumental both in engineering the rescue of the U.S. auto industry in 2009 and in negotiating the Paris Climate Agreement in 2015. During the Obama-Biden Administration, Deese also served as Acting Director of the Office of Management and Budget and Deputy Director of the National Economic Council.

Manik Suri is the Founder and CEO of technology company Therma. Before founding Therma, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that developed technology solutions to improve government. He is a former Affiliate of Harvard's Berkman Center for Internet & Society and has held positions at global investment firm D.E. Shaw & Company and the White House National Economic Council. Manik holds an A.B. in Government summa cum laude from Harvard College, an M.Phil in International Relations (Highest Honors) from Cambridge University, where he studied as Harvard University's annual Paul Williams Scholar, and a J.D. from Harvard Law School, where he earned numerous Dean's Scholar commendations. He is admitted to the California Bar, has published in leading academic journals, edited volumes, and national media outlets. THERMA: Therma° combats climate change by reducing the carbon footprint of one of the least understood and most significant causes of global warming: refrigeration. The global refrigeration system – the cold chain – warms the planet in 3 distinct ways: food waste, energy use, and refrigerant leakage. Therma's integrated suite of software, IoT sensors, and equipment controls optimize refrigeration to reduce electricity usage and prevent catastrophic food loss. These customer benefits yield substantial energy savings and produce measurable reductions in greenhouse gas emissions. Therma° enables its customers to simultaneously improve business profitability and advance sustainability. For more information, please visit For more information visit us at www.hellotherma.com. https://nexuspmg.com/

It makes my blood boil. Since March I've been screaming about the Fed's total misreading of inflation — believing it's being caused by workers getting wage hikes, when the real cause is powerful corporations raising prices higher than their costs. I'm not so grandiose as to think my screams would have any direct influence on the Fed. My hope was that my argument and data might be picked up by a few voices in the media, which would lead some Democrats in Congress to pick up on it, and that maybe they'd put some pressure on the Fed — such as asking Fed chief Jerome Powell to respond to those arguments when he next testifies. It's not happened yet. Yesterday Powell and the Fed raised interest rates again — another three-quarters of a percent — bringing the official rate from near zero in March to over 3 percent now. Insane. Well, now I get a chance to tell Congress why this is insane. The House Oversight Committee's subcommittee on economic and consumer policy holds a hearing this morning and has asked me to testify. (Thankfully, they're allowing me to do it remotely from my home here in California, although the timing isn't ideal — the hearing starts 9 am Eastern Time, which is 6 am here — and because I'm the lead-off witness they want me to check in remotely at 5:45 am. I'll have to drink plenty of coffee.)When you testify before Congress, you get 5 minutes to summarize your views. You submit your detailed testimony, which is read by the committee's staff, who then give members of Congress questions to ask you based on the submitted testimony (the Democratic staff's questions are usually quite different from Republican staff's). Those questions, hopefully, allow you to get into the details. My aim is to state as clearly as possible that the underlying problem is not wage-price inflation. It's profit-price inflation. And the Fed's continuing rate hikes will hurt average workers by slowing the economy — making it harder for workers to get wage increases and causing many to lose their jobs. I'm going to suggest that Congress consider ways to control inflation that limit corporate profits rather than jobs and wages — such as a windfall profits tax, tougher antitrust enforcement, and even temporary price controls. Will Congress do any of this? Here again, I'm not so full of myself as to think I can sway a single member of Congress, let alone Congress as a whole. But in my experience, policy ideas that are useful and timely often find their way into politics — eventually displacing old ones that are no longer useful and may be damaging. At least that's my hope with “profit-price” inflation replacing the anachronistic “wage-price” inflation.I'm going to add my testimony to this post right after I testify this morning — and fill you in on what happened. ***The hearing was just adjourned. The good news is that the Democrats on the committee got it. They understood that big corporations raising their prices in excess of their costs — to score record profits — is a major reason for the inflation we're now experiencing. And workers are paying for those record profits in two ways — real wage losses (wage gains have been more than offset by price increases, making most workers worse off) and by the higher prices themselves (the result of corporations increasing their profit margins). I was particularly impressed by the chairman of the subcommittee, Representative Raja Krishnamoorthi (from the 8th district of Illinois), who understood the issues and expressed them cogently, and by Cori Bush (from the 1st district of Missouri), who asked terrific questions. Katie Porter did a fabulous job breaking the issue down. There was less discussion of remedies than I'd hoped — only passing reference to tougher antitrust enforcement and no real discussion of a windfall profits tax — and no criticism of the Fed (other than in my remarks and testimony). Not surprisingly, the Republicans on the committee were obstreperous and wildly partisan. All they did was try to blame inflation on the American Rescue Plan, Biden, and the Democrats. They repeatedly quoted Larry Summers's misleading claim that pandemic spending fueled inflation (even at one point asking me if I served with him in the Clinton administration, without giving me the chance to rebut him). They asked the Republican witness, Tyler Goodspeed (briefly chair of Trump's Council of Economic Advisors), to confirm their rhetorical questions but didn't ask me a thing. Like much of the rest of our governing processes, congressional hearings have degenerated into partisan posturing and name-calling. I experienced this starting in 1995 when Newt Gingrich became Speaker. For those of you who might be interested, here's the testimony I submitted this morning:***Mr. Chairman and members of the Committee,My name is Robert Reich. I'm the Carmel P. Friesen Professor of Public Policy at the Goldman School of Public Policy, University of California, Berkeley.Last week's consumer price index report shows annual inflation in the United States still roaring at 8.3 percent annually [1] -- the worst breakout of inflation since the 1980s.In response, the Fed has raised interest rates from near zero in March to over 3 percent yesterday, and has signaled it will keep raising rates until inflation is under control.I believe this strategy is a mistake. It assumes the current inflation is being driven by wage hikes and a tight labor market. But the underlying problem is not wage-price inflation. It is profit-price inflation.The Fed's rate hikes are hurting average working Americans whose real wages are already falling. Congress should consider alternative ways to control inflation that focus on corporate profits rather than jobs and wages.1. What's causing the current inflation?Inflation is not being driven by the usual suspects:Don't blame raw materials. The prices of commodities – wheat, natural gas, oil, and metals -- are falling.[2] That's partly because of a global slowdown, particularly in China, that is reducing worldwide demand.Don't blame intermediate goods. Last Wednesday's Bureau of Labor Statistics report on producer prices was fairly encouraging.[3] Even the prices of semiconductors and electronic components are slowing.[4]Don't blame inflationary expectations. Last week's New York Fed survey of inflationary expectations [5] was very positive. Expectations of continuing inflation have declined across the board.And – importantly -- it's not wages.Jerome Powell worries that “the labor market is extremely tight,”[6] and to “an unhealthy level.”[7] Some economists claim that inflation is “grounded in a red hot labor market.”[8]With due respect, this analysis is wrong. Although pay is still climbing, wage hikes have not kept up with inflation. This means most workers' paychecks are shrinking, in terms of purchasing power. So rather than contributing to inflation, wages are reducing inflationary pressures.As the accompanying graph shows, inflation-adjusted earnings have plunged.[9]2. The underlying problem is profit-price inflationWhat's a major reason prices are rising? Corporations are increasing their profit margins.In the second quarter of this year, U.S. companies raked in profits that were the highest on record or close to levels not seen in over half a century. As a share of GDP, U.S. corporate profits in the second quarter rose to 12.25%, their highest levels since 1950. (See graph below)Notably, corporate profit margins – over and above costs – continue to grow. (See chart below.)The labor market is not “unhealthily” tight, as Jerome Powell asserts. Corporations are unhealthily powerful.In a normally competitive market, corporations would keep their prices down to prevent competitors from grabbing away customers. As the White House National Economic Council put it in a December report: “Businesses that face meaningful competition can't [raise profit margins], because they would lose business to a competitor that did not hike its margins.”[10]The underlying problem is that large American corporations have so much market power they can raise profit margins – and prices -- with impunity.Since the 1980s, two-thirds of all American industries have become more concentrated.[11] This concentration gives corporations the power to raise prices because it makes it easy for them to coordinate price increases with the handful of other companies in their same industry, without risking the possibility of losing customers, who have no other choice.For example, Monsanto now sets the prices for most of the nation's seed corn. Wall Street has consolidated into five giant banks. Airlines have merged from 12 carriers in 1980 to four today, which now control 80 percent of domestic seating capacity. The merger of Boeing and McDonnell Douglas has left the US with just one large producer of civilian aircraft — Boeing. Three giant cable companies dominate broadband: Comcast, AT&T and Verizon. A handful of drug companies control the pharmaceutical industry. Two giant firms dominate consumer staples. A handful of national retailers and food outlets dominate local markets. And so on.Such concentration makes it easy for corporations to raise their prices beyond what is required to offset rising input costs. More than half of the companies surveyed by the business services reviews website Digital.com reported raising prices beyond what was required to offset rising costs.[12]As The New York Times pointed out, “corporate executives have spent recent earnings calls [with Wall Street analysts] bragging about their newfound power to raise prices, often predicting that it will last.”[13]3.    Examples from specific sectorsTake a closer look at specific sectors and you'll see profit-price inflation in action:Grocery prices are through the roof largely because just 4 companies – Archer-Daniels-Midland, Bunge, Cargill, and Louis Dreyfus, known collectively as ABCD – control an estimated 70 to 90 percent of the global grain trade,[14] making grain markets are even more concentrated than energy markets. All have raised their prices and gained record profits. Last year was Cargill's most profitable year in its history, with almost $5 billion in net income.[15]At the same time, just 4 companies control up to 85 percent of meat and poultry processing.[16] They too have raised prices above costs. Tyson's net income soared 47 percent, while it spent $700 million in shareholder buybacks.[17]Consumer packaged goods conglomerates -- such as Coca-Cola, Hershey's, PepsiCo, and Mondelez – are also highly concentrated. And they too are raising prices and reporting record earnings.[18] Coca-Cola has credited its increased net operating revenues to price hikes. Procter and Gamble has boasted of the “biggest annual sales increase in 16 years” with its net earnings soaring to $14.7 billion following price hikes on all of its products. It has paid out over $19 billion to shareholders.[19] Shipping conglomerates are expected to top last year's profits by over 73 percent or $256 billion.[20] Here again, it's because they have the power to raise prices. 80 percent of global merchandise is moved through the Big 3 shipping alliances. You can see a similar pattern in freight railroads. Over the last six years, the five largest railroad freight lines have increased their operating margins by over a third.[21]The ten largest U.S. retailers – all enjoying significant market power – have raised consumer prices while collectively reporting $24.6 billion in increased profits during the last two fiscal years. These same companies also ramped up stock buybacks by nearly $45 billion year-over-year for a total of $79.1 billion.[22]Gas prices are finally declining.[23] But they're still high, and major oil companies continued to have enough pricing power to gain a whopping $46 billion in earnings in the second quarter of this year.[24] It would be one thing if these corporations were investing their profits in additional capacity. At least this would reduce future inflationary pressures. But they have been using their profits to buy back their own shares of stock. This may be good for shareholders -- buybacks reduce a company's shares outstanding, raising its profits-per-share -- but it does nothing for the economy.There is a direct historic analogy. At the end of World War II, when the United States attempted to shift back from war production to civilian production, it experienced bottlenecks similar to those caused by the pandemic. Then, as now, consumers had high pent-up demand for all sorts of products and services. Then, as now, large corporations with market power took advantage of limited supplies and soaring demand to increase their prices and enjoy windfall profits. Then, as now, inflation soared.4.   The Fed's rate hikes are aimed at the wrong culprit  The Fed is using the only tool it possesses to fight inflation – interest rate hikes -- to do the one thing it has done in the past to fight inflation – slow the economy so real wages drop and unemployment rises. But when inflation is being driven by corporate pricing power, the major consequence of Fed interest rate hikes is to further depress wages and limit jobs.Rate hikes eventually diminish corporate profits because consumers have less money to spend on goods and services. But by then, average working people will have taken it on the chin.  As the economy cools due to interest rate hikes, they are less likely to get wage increases that keep up with inflation. In consequence, they will fall further behind. As the economy slows and unemployment rises, average working people and the working poor will be the first to be fired and the last to be hired.On August 26, Powell said the Fed must continue to raise interest rates, even though it will “bring some pain” to households.[25]  How much pain? Researchers at the International Monetary fund estimate that unemployment may need to reach 7.5 percent -- double its current level -- to end the country's outbreak of high inflation. This would entail job losses of about 6 million people.[26]Who will bear this pain? Not corporate executives, not Wall Street, not the wealthy and not the upper-middle class. It will be borne by average working people.5.  Better ways to stop profit-price inflationIn fairness to the Fed, it doesn't have the tools it needs to prevent profit-price inflation. The responsibility falls on Congress and the administration to take on corporate pricing power directly through a windfall profits tax, bolder antitrust enforcement, and, if necessary, price controls.Congress and the Biden administration enacted a 1 percent tax on stock buybacks in the recently enacted Inflation Reduction Act, along with a minimum corporate tax. These measures are important, but they don't go far enough. They still leave most of the burden of fighting inflation on average working people and the poor.A windfall profits tax would help. One way to structure it would be to place a temporarily tax on any price increases that exceed the producer price index – that is, the costs of producing consumer goods. Congress could also direct the Federal Trade Commission to investigate whether prices reasonably reflect additional costs or amount to opportunistic price-gouging. The FTC already has the power to carry out such investigations and impose penalties under existing law.[27]Bold antitrust enforcement is essential. Antitrust litigation is complex and time consuming (I directed the policy planning staff at the Federal Trade Commission in the Carter Administration and saw this firsthand). But the credible threat of aggressive antitrust enforcement can deter corporations from raising prices higher than their costs.Congress must appropriate sufficient funds for the Antitrust Division of the Justice Department and the Bureau of Competition of the Federal Trade Commission to enable both agencies to attack excessive corporate concentration, which continues to harm workers and consumers. Price controls should be a backstop. Price controls have many disadvantages, in terms of distorting markets and deterring investment. They worked well in World War II, less well in the 1970s when they were half-baked and badly executed.  But as I've argued, the current inflation is most directly analogous to what occurred immediately after World War II when supplies were still limited, pent-up demand had soared, and corporations were making windfall profits. At that time and under those circumstances, many of America's most distinguished economists argued that price controls on important goods should continue temporarily, in order to buy the time necessary to overcome supply bottlenecks and prevent corporate profiteering.[28] They should be considered now, for the same reasons.ConclusionCongress and the administration have the power to stop corporations from using their market power to raise prices. It is far better that Congress and the administration take direct against this sort of inflation than relying solely on the Federal Reserve to raise interest rates to slow the economy and risk another recession – putting the entire burden on fighting inflation on average working people, who are not responsible for it.[1] https://www.bls.gov/news.release/cpi.nr0.htm[2] https://www.intellinews.com/commodity-prices-fall-across-the-board-as-the-market-adjusts-to-the-sanctions-realities-256384/[3] https://www.bls.gov/news.release/ppi.nr0.htm[4] https://www.theregister.com/2022/07/14/intel_plans_price_hikes_for/[5] https://www.newyorkfed.org/newsevents/news/research/2022/20220912[6] https://www.federalreserve.gov/newsevents/speech/powell20220321a.htm[7] https://www.federalreserve.gov/newsevents/speech/powell2023221.htm[8] https://www.nytimes.com/2022/09/15/business/economy/inflation-markets-economy.html[9] Refinitiv Datastream/ BLS/ BEA. Reuters Graphic E. Burroughs.[10] https://www.whitehouse.gov/briefing-room/blog/2021/12/10/recent-data-show-dominant-meat-processing-companies-are-taking-advantage-of-market-power-to-raise-prices-and-grow-profit-margins/[11] https://hbr.org/2018/03/is-lack-of-competition-strangling-the-u-s-economy[12] https://digital.com/half-of-retail-businesses-using-inflation-to-price-gouge/[13] https://www.nytimes.com/2022/02/27/business/economy/price-increases-inflation.html[14] https://www.theguardian.com/environment/2022/aug/23/record-profits-grain-firms-food-crisis-calls-windfall-tax?CMP=Share_iOSApp_Other[15] https://accountable.us/meatpacking-profiteers-testifying-today-saw-nearly-13b-in-profits-after-racking-up-384m-in-price-fixing-fines-and-settlements/[16] https://accountable.us/meatpacking-profiteers-testifying-today-saw-nearly-13b-in-profits-after-racking-up-384m-in-price-fixing-fines-and-settlements/[17] https://accountable.us/meatpacking-profiteers-testifying-today-saw-nearly-13b-in-profits-after-racking-up-384m-in-price-fixing-fines-and-settlements/[18] https://www.modernretail.co/retailers/citing-inflation-cpg-conglomerates-are-raising-prices-and-earning-record-profits/[19] https://accountable.us/profiteering-watch-procter-gamble-boasts-biggest-annual-sales-increase-in-16-years-after-excessive-price-hikes/[20] https://www.bloomberg.com/news/articles/2022-08-09/container-lines-to-smash-year-old-profit-record-with-73-surge[21] https://www-wired-com.cdn.ampproject.org/c/s/www.wired.com/story/a-us-freight-rail-crisis-threatens-more-supply-chain-chaos/amp[22] https://accountable.us/wp-content/uploads/2022/06/CPI-Retail-Report-Release.pdf[23] https://www.forbes.com/sites/sergeiklebnikov/2022/09/07/oil-prices-hit-seven-month-low-as-recession-fears-weigh-on-demand[24] https://www.nbcnews.com/business/business-news/oil-companies-record-earnings-sky-high-gas-prices-linge-rcna40622[25] https://www.nytimes.com/2022/08/26/business/economy/jerome-powell-inflation.html?smid=nytcore-ios-share&referringSource=articleShare[26] https://www.brookings.edu/bpea-articles/understanding-u-s-inflation-during-the-covid-era/[27] https://www.congress.gov/bill/117th-congress/house-bill/675/text[28] https://timesmachine.nytimes.com/timesmachine/1946/04/09/93087670.html?pageNumber=23 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

Manik is the Founder and CEO of Therma, a technology startup whose mission is to help protect our food, health and planet. Therma builds safety and sustainability tools to eliminate food waste, improve energy efficiency and reduce refrigerant emissions — protecting consumers and combating climate change. Therma is deployed across restaurants, retailers, distributors and manufacturers worldwide, with leading brands including Mcdonald's, Starbucks, NOW Foods, 7-Eleven and Marriott Hotels. Previously, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that develops technology solutions to improve government. He has been recognized amongst the Top 100 Harvard Alumni in Technology, a past Affiliate of Harvard's Berkman Center for Internet & Society, and previously held positions at global investment firm D. E. Shaw & Company and the White House National Economic Council.

An African-American from a family of modest means, Bonnie became an amputee at age five. Against tremendous odds, she used imagination and determination to push past the limitations of disability and win a silver and two bronze medals in downhill skiing in the 1984 Paralympics in Innsbruck, Austria. As the first African-American to win Olympic or Paralympic medals in skiing, she has been honoured at the White House during the annual Black History Month Celebration. More than an Olympic skier, Bonnie's other accomplishments include an honours degree from Harvard, a Rhodes scholarship, multiple awards for her innovations as an IBM sales rep, and a position on the White House National Economic Council. President Obama named her to represent the US in delegations to both the Winter Paralympic Games in Vancouver and the Summer Paralympics in Rio. NBC Nightly News called Bonnie, “One of the five most inspiring women in America.”  She has also been featured on the Today Show, CNN, and The Montel Williams Show.  In addition, the nation's leading publications, such as the New York Times, Oprah Magazine, Essence, and People Magazine have profiled Bonnie and noted her extraordinary achievements. Drawing on her unique experience, analyses, and signature brands of resilience and inclusion, Bonnie St. John established Blue Circle Leadership with the mission to equip professionals with research based, rigorously tested, easily actionable tools and techniques that directly improve bottom-line business results. Now, Bonnie focuses on bringing out the best in others through executive coaching and motivational speaking for corporations and associations, as well as writing books and articles. New episodes of the Tough Girl Podcast go live every Tuesday at 7am UK time - Subscribe so you don't miss out. To support the mission to increase the amount of female role models in the media. Sign up as a Patron -  www.patreon.com/toughgirlpodcast. Thank you.   Show Notes Who is Bonnie  Some of the challenges Bonnie has faced becoming a ski racer Getting into skiing at a young age Having an amputation when she was 5 years old Learning to ski on one leg Training hard and qualifying for the Paralympics  Competing in the 1984 Winter Paralympics in Austria Dealing with a lack of snow Was it life changing winning medals Being picked as a Rhode Scholar Learning to work with the press Taking a year off from Harvard Going to Oxford University for 4 years  Working for IBM and working for President Clinton at the White House Starting to focus on leadership development Leadership for women Having confidence  Writing with her husband Having to prove herself over and over again Book: Live Your Joy  Smiling through the challenges How have things changed over the past 30 years The rise of Trumpism and the increase in animosity  Self care and making sure to make it at a priority  The downside of socials media  The power of polarising views Trying to be seen and heard Building resilience and embracing success Focusing on micro-resilience Why resilience doesn't have to be big things The biggest challenge is incorporating it into your life Day to day routine and what that looks like If you were to give a TED Talk… Ted Talk - Be More Resilient with a FIRST AID KIT FOR YOUR ATTITUDE!   Building your own “first aid kit” Making a choice and the silence behind it - Martin Seligman I choose to…. The importance of sharing what's in your “first aid kit” Figuring out what type of support you need in challenging situations From training to failure to - training to growth The power of your words Reframing things - a great side and a good side How you can connect with Bonnie Blue Circle Leadership Final words of wisdom from Bonnie Learning to get up when you fall down Get back into the race   Social Media   Website https://bonniestjohn.com  Leadership - www.bluecircleleadership.com    Instagram @bonnie.st.john   Facebook @bonniestjohn    Twitter @bonniestjohn    Listen to the Straight Up Podcast: https://straightupwithbonniestjohn.buzzsprout.com   

Manik is the Founder and CEO of Therma, a technology startup whose mission is to help protect our food, health, and planet. Previously, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that develops technology solutions to improve government. He has been recognized amongst the Top 100 Harvard Alumni in Technology, a past Affiliate of Harvard's Berkman Center for Internet & Society, and previously held positions at global investment firm D. E. Shaw & Company and the White House National Economic Council. --- Support this podcast: https://anchor.fm/tbcy/support

President Biden called in the head of the Federal Reserve Tuesday to talk about the worst inflation in 40 years. But he pledged to respect the central bank's independence. The president met with Jerome Powell, who recently won senate confirmation to a second term as chair of the Fed. Brian Deese, director of the White House National Economic Council, joins Judy Woodruff to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

President Biden called in the head of the Federal Reserve Tuesday to talk about the worst inflation in 40 years. But he pledged to respect the central bank's independence. The president met with Jerome Powell, who recently won senate confirmation to a second term as chair of the Fed. Brian Deese, director of the White House National Economic Council, joins Judy Woodruff to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis, the first of several flights expected from Europe aimed at relieving a shortage that has sent parents scrambling to find enough to feed their children.President Joe Biden authorized the use of Air Force planes for the effort, dubbed “Operation Fly Formula,” because no commercial flights were available.The formula weighed 78,000 pounds (35,380 kilograms), White House press secretary Karine Jean-Pierre told reporters aboard Air Force One as Biden flew from South Korea to Japan.Agriculture Secretary Tom Vilsack was in Indianapolis to greet the arrival of the first shipment.The flights are intended to provide “some incremental relief in the coming days” as the government works on a more lasting response to the shortage, Brian Deese, director of the White House National Economic Council, said Sunday.READ MORE: https://www.wcnc.com/article/news/nation-world/78000-pounds-of-formula-arrives/507-25134b29-5d39-4380-be5e-b352c8fd3427 Leaders of the Southern Baptist Convention, America's largest Protestant denomination, stonewalled and denigrated survivors of clergy sex abuse over almost two decades while seeking to protect their own reputations, according to a scathing 288-page investigative report issued Sunday.These survivors, and other concerned Southern Baptists, repeatedly shared allegations with the SBC's Executive Committee, “only to be met, time and time again, with resistance, stonewalling, and even outright hostility from some within the EC,” said the report.READ MORE: https://www.wcnc.com/article/news/nation-world/southern-baptists-sex-abuse-report/507-f263bab8-8bec-4bed-af85-eda042ca86c8Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT! 

A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis, the first of several flights expected from Europe aimed at relieving a shortage that has sent parents scrambling to find enough to feed their children. President Joe Biden authorized the use of Air Force planes for the effort, dubbed “Operation Fly Formula,” because no commercial flights were available. The formula weighed 78,000 pounds (35,380 kilograms), White House press secretary Karine Jean-Pierre told reporters aboard Air Force One as Biden flew from South Korea to Japan. Agriculture Secretary Tom Vilsack was in Indianapolis to greet the arrival of the first shipment. The flights are intended to provide “some incremental relief in the coming days” as the government works on a more lasting response to the shortage, Brian Deese, director of the White House National Economic Council, said Sunday. READ MORE: https://www.wcnc.com/article/news/nation-world/78000-pounds-of-formula-arrives/507-25134b29-5d39-4380-be5e-b352c8fd3427  Leaders of the Southern Baptist Convention, America's largest Protestant denomination, stonewalled and denigrated survivors of clergy sex abuse over almost two decades while seeking to protect their own reputations, according to a scathing 288-page investigative report issued Sunday. These survivors, and other concerned Southern Baptists, repeatedly shared allegations with the SBC's Executive Committee, “only to be met, time and time again, with resistance, stonewalling, and even outright hostility from some within the EC,” said the report. READ MORE: https://www.wcnc.com/article/news/nation-world/southern-baptists-sex-abuse-report/507-f263bab8-8bec-4bed-af85-eda042ca86c8 Watch Wake Up Charlotte each weekday morning from 4:30 to 7 a.m. on WCNC Charlotte, and as always, join the conversation on social media using #WakeUpCLT! 

Memo to President Biden (and the Democrats)From: Robert ReichRe: Inflation Prices were 8.5 percent higher last month than they were a year ago, the Bureau of Labor Statistics reported this morning — the highest rate of inflation since 1981. The buying power of Americans is being squeezed more and more each day. You must explain what's happening and put responsibility where it belongs. As America slouches toward the midterm elections, you need an economic message that celebrates your accomplishments to date – job creation and higher wages –- yet also takes aim at the major abuses of economic power that are fueling inflation and widening inequality.You should put these ten indisputable facts centerstage:1.  Corporate profits are at a 70-year high. Yet corporations are raising their prices.2.  They are not raising prices because of the increasing costs of supplies and components and of labor -- which are real but expected when an economy goes suddenly from a pandemically-induced deep freeze to meeting the soaring demands of consumers who are emerging from the pandemic. Corporations enjoying record profits in a healthy competitive economy would absorb these costs.3.  Instead, they're passing these costs on to consumers in the form of higher prices. In many cases they're raising prices higher than those cost increases, using the cover of inflation to increase their profit margins even more.4.  They're doing so because they face little or no competition. If markets were competitive, companies would keep their prices down to prevent competitors from grabbing away customers. As the White House National Economic Council put it in a December report: “Businesses that face meaningful competition can't [maintain high profit margins and pass on higher costs to consumers], because they would lose business to a competitor that did not hike its margins.”5.  Since the 1980s, two-thirds of all American industries have become more concentrated. This concentration gives corporations the power to raise prices because it makes it easy for them to informally coordinate price increases with the handful of other companies in their same industry — without risking the possibility of losing customers, who have no other choice.6.  Corporations are using these near-record profits to boost share prices by buying back a record amount of their own shares of stock. (Buybacks reduce a company's shares outstanding, pushing its profit-per-share figure higher.) Stock buybacks hit a new record last year. So far this year they're on track to exceed that record. In the first two months of 2022, S&P 500 companies have disclosed authorizations to buy back $238 billion in stock -- a record pace, according to Goldman Sachs, which expects $1 trillion of buybacks this year – an all-time high.Chevron engaged in $1.4 billion in stock buybacks and spent $500 million more on shareholder dividends than it did in 2020. This year, the oil giants are planning to buy back at least $22 billion more.7.  Most American workers have barely had a wage increase in 40 years (adjusted for inflation). Although corporations have recently given out wage increases in response to the post-pandemic surge in demand, these wage increases have been almost completely eroded by price increases. We now know that wages grew 5.6 percent over the past year — but prices rose 8.5 percent. That means that, adjusted for inflation, wages have actually dropped 2.7 percent.Corporations are handing out wage increases to attract or keep workers with one hand, and then eliminating those wage increases by raising prices with the other. When corporations are enjoying near-record profits, we would expect corporations to pay the higher wages out of their profits rather than to pass them on to consumers in higher prices. But they are not. The labor market is not “unhealthily” tight, as Fed Chair Jerome Powell asserts; corporations are unhealthily fat. Workers do not have too much power; corporations do.8.  As a result of all this, income and wealth are being redistributed upward from average working people (many of whom live from paycheck to paycheck) to CEOs and shareholders, including the wealthiest people in America. Billionaires have become $1.7 trillion richer during the pandemic. CEO pay (based largely on stock values) is now at a record 350 to 1 ratio relative to median pay.9.  Wealthy Americas are now paying a lower tax rate than the working class. Some are paying no taxes at all.10.  Big corporations have accumulated a substantial amount of political power, with which they've beaten back lower drug prices, prevented higher corporate taxes, and amassed unprecedented corporate welfare.In short, although the American economy is rebounding nicely from recession, the growing imbalance of economic power is bad for most Americans and for the economy as a whole. This must be addressed through (1) tougher antitrust enforcement, (2) a temporary windfall profits tax, (3) higher taxes on the wealthy and on corporations, (4) a ban on corporate buybacks, (5) stronger unions, and (6) campaign finance reform to get big money out of politics.  You have a critical opportunity to reframe the national conversation as it should be framed -- around these worsening abuses of economic power by large corporations and the super-rich. Republicans have left themselves vulnerable because they have no response to this. They'll just blame you for inflation, and use their “culture wars” to try to distract the public from what's really going on.This is not and should not be a partisan issue. Average working Americans – many of whom voted for Trump in 2016 and 2020 – are being shafted. Sincerely yours,RR This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

Continued global unrest may be crucial in a sell-off affecting both stocks and crypto. Several factors at play are causing uncertainty in the markets, which has been a driving factor in pullbacks since 2020. Investors historically move away from risk-on assets such as tech and crypto whenever the road forward is unclear. Today, Bloomberg is reporting that the “cost of insuring Russia's government debt now signals a record 99% chance of default within a year,” according to CDS data. The impact of one of the world's most significant economic powers going into default seemingly has the world worried. In addition, Russia having to pay its dollar debt in Rubles signifies an apparent issue with its liquidity due to sanctions. Bloomberg states: “Russia paid rubles for some of its dollar-debt obligations due this week after foreign banks declined to process payments of almost $650 million, raising speculation over a potential technical default.” A further uncertainty comes as Mikhail Khodorkovsky, once the wealthiest person in Russia, stated that Putin already views Russia as being at war with the West. He claims that Putin “thinks NATO is weak and that they will not defend the Baltics.” Given the support that NATO states have given to Ukraine, this line of thinking seems highly plausible. Following a White House statement yesterday that condemned China, India, and Brazil for not joining the sanctions against Russia, a worrying narrative is developing. The White House stated that “our expectation is not only that other countries will abide by, but that they will also be a constructive part of holding Russia accountable.” White House National Economic Council director Brian Deese said Wednesday that: The U.S. has told India that the consequences of a “more explicit strategic alignment” with Moscow would be “significant and long-term.” Putin may believe that he is already at war with NATO, China, India, and Brazil are now being warned by the US that they should not show any “strategic alignment” with Russia. It seems that Russia is almost certainly going into default within the following year. The next move will be critical for the crypto market and macroeconomic stability globally. Bitcoin has shown the closest correlation to the stock market in its history this year as it recently hit a 17 month high. On days like this, it isn't easy to focus on technical analysis or crypto fundamentals. World events are always a factor in the price of Bitcoin, whether you believe it to be an inflation hedge or not. Today, markets seem concerned by their inability to predict what, politically, will transpire next. We will continue to report on events as they happen and how they affect the crypto landscape.

As the White House tries to manage rising inflation, the U.S. labor market is bouncing back, adding another 431,000 jobs in March and bringing the unemployment rate to a new pandemic-era low of 3.6 percent, according to the latest jobs report from the Labor Department. Bharat Ramamurti, deputy director of the White House National Economic Council, joins Geoff Bennett to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

Dr. Andrew Biggs is the former principal deputy commissioner of the Social Security Administration, as well as the former associate director of the White House National Economic Council, where he worked on Social Security reform. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He holds a bachelor's degree from Queen's University Belfast, Master's degrees from Cambridge University and the University of London, and a Ph.D. from the London School of Economics.

This week on “The Tent,” Jesse Lee, senior adviser for communications at the White House National Economic Council, returns to the pod to discuss President Joe Biden's first State of the Union address. He and Daniella also break down the past year's record job creation, the president's plan to lower costs for families, and why it's so critical that democracy deliver for everyday Americans.

Guests: Brian Deese, Director of the White House National Economic Council, Bloomberg Supreme Court reporter Greg Stohr, and Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Improving the Cold Chain to Save & Feed the Planet: A Conversation with Manik Suri of Therma Manik Suri is the Founder and CEO of technology company Therma. Before founding Therma, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that developed technology solutions to improve government. He is a former Affiliate of Harvard's Berkman Center for Internet & Society and has held positions at global investment firm D.E. Shaw & Company and the White House National Economic Council.  Based in San Francisco, CA, Therma° is a leading innovator of IoT-based temperature monitoring solutions designed to create significant reductions in food waste and energy costs. Founded by alums from Harvard, Columbia and UC Santa Barbara, the company's leaders are a mission-driven team of food industry professionals and technology innovators focused on one thing: making an impact on climate change. A leader in growing the “smart cold chain,” Therma develops innovative, IoT-powered, 24/7 temperature monitoring and real-time data analytics devices and platforms deployed across thousands of restaurants, retailers, manufacturers, and government agencies worldwide, with leading brands including McDonald's, Starbucks, Burger King, NOW Foods, 7-Eleven, and Wyndham Hotels.  For more information, visit: www.hellotherma.com. Impact Report Series Producer, Katie Ellman speaks with Manik about his career journey and how it brought him to capitalize on the IoT to cut GHG emissions globally by improving the cold chain for the food industry. ImpactReportPodcast.com

The importance of setting a good example for your kidsThe key to conquering the fear of the unknownHow women can achieve their goals ahead of timeThe impact of real estate investing on people's lives The mindset you need to overcome your real estate failures Life and Money Impact RoundWhat is the one thing to do now to live a meaningful and intentional life by design?What is one life or money hack that you can share to make an impact on others' lives?What is one thing to do right now to make the world a better place? RESOURCE/LINK MENTIONEDBe More Resilient with a FIRST AID KIT FOR YOUR ATTITUDE! ABOUT BONNIE ST. JOHNDespite having her right leg amputated at age five, Bonnie St. John became the first African-American ever to win medals in the Winter Olympic competition, taking home a silver and two bronze medals at the 1984 Winter Paralympics in Innsbruck, Austria. In recognition of this historic achievement, Bonnie was quoted on millions of Starbucks coffee cups and was honored by President George W. Bush at a White House celebration of Black History Month. More than an Olympic skier, Bonnie graduated with honors from Harvard, won a Rhodes Scholarship, earned numerous sales awards at IBM, and was appointed by President Bill Clinton as a director of the White House National Economic Council. President Obama named her to represent the US in delegations to both the Winter Paralympic Games in Vancouver and the Summer Paralympics in Rio. She holds several honorary doctorate degrees and was recently lauded with her portrait in the main hall of Trinity College, Oxford, as a distinguished alumna. CONNECT WITH BONNIEWebsite: www.bonniestjohn.comFacebook: Bonnie St. JohnTwitter: @bonniestjohnLinkedIn: Bonnie St. JohnInstagram: @bonnie.st.johnPodcast: Straight Up with Bonnie St. John CONNECT WITH USTo connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!

"Industry consolidation and market concentration costs the average U.S. family about $5,000 per year, according to Brian Deese, the Director of the White House National Economic Council under President Joe Biden." - Barry RitholtzFor more visit: The Big PictureFor disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ See acast.com/privacy for privacy and opt-out information.

Manik Suri, founder of climatetech company Therma, joins Talking Business Now host Kelly Scanlon to discuss the ways companies of all sizes can adopt tools and processes that are better for our planet—and help create efficiencies that lead to more sustainable enterprises. Therma is a smart cold-chain technology startup that builds safety and sustainability tools such as sensors to eliminate food waste, energy inefficiency, and refrigerant emissions to protect consumers. The company's mission aligns with Suri's passion: combating climate change by protecting our food, health and planet. Therma's technologies are used around the globe by several major restaurant chains, manufacturers, and logistics operators, including McDonalds, Taco Bell, NOW Foods, 7-Eleven, and Wyndham Hotels. Tune in to find out: The business case for innovation in the food industry: How entrepreneurs can marry profitability and sustainability How policy makers, regulators and entrepreneurs can work together to achieve meaningful impact Tools that help businesses using refrigeration and refrigerated products to reduce waste of energy, product, and refrigerants—all big drivers of emissions that impact climate change. The scope of the food industry's impact on climate change, including food waste and the kinds of food we eat New technologies that will drive change in the food industry Challenges with security as our food supply chain becomes more technology-driven WHAT WE SHOULD BE TALKING BUSINESS NOW ABOUT Why it's important to make sure the work you do matters MORE ABOUT MANIK SURI Before founding Therma, Suri co-founded the Governance Lab, an innovation center at NYU that developed technology solutions to improve government. A former affiliate of Harvard's Berkman Center for Internet & Society, Suri has held positions at D. E. Shaw & Company and the White House National Economic Council.  He has a bachelor's degree in government from Harvard College, a master of philosophy degree in international relations from Cambridge University, and a law degree from Harvard Law School. Suri has published in leading academic journals, edited volumes, and national media outlets, and he was a visiting fellow at the University of Pennsylvania and a Truman Security Fellow. He writes on technology, climate change and public policy.    CONNECT WITH GUEST FIRST NAME/GUEST LAST NAME Facebook Link https://www.facebook.com/hellotherma/ Twitter Link https://twitter.com/HelloTherma LinkedIn Profile https://www.linkedin.com/company/hellotherma/ RESOURCES Transcript of this episode: https://interrobangsolutions.com/climatetech-entrepreneur-protects-food-planet/   Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve been exploring the state of retirement in the United States on The Long View. Last week, we talked with progressive labor economist Teresa Ghilarducci. On this week’s episode, we chatted with Andrew Biggs, resident scholar at the American Enterprise Institute. He is more sanguine about the state of retirement in the U.S., though he is also in favor of some reforms. Andrew is an expert on Social Security reform, state and local government pensions, and public sector pay and benefits. Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration, where he oversaw the agency's policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of then-President George W. Bush's Commission to Strengthen Social Security. He holds a bachelor's degree from Queen's University Belfast in Northern Ireland, master's degrees from Cambridge University and the University of London, and a Ph.D. from the London School of Economics.BackgroundBioThe American Enterprise InstituteState of Retirement in the U.S. The Model of Income in the Near Term (MINT)National Retirement Risk Index“Social Security Replacement Rates and Other Benefit Measures: An In-Depth Analysis,” Congressional Budget Office, cbo.gov, April 2019.“How Do Children Affect the Need to Save for Retirement?” by Andrew Biggs, aei.org, Dec. 16, 2019.“Two Decades Ago, Progressives Warned of a Retirement Crisis. It Didn’t Happen,” by Andrew Biggs, forbes.com, May 29, 2020.“Opinion: Here’s Some Good News for Parents Struggling to Save Enough for Retirement,” by Andrew Biggs, marketwatch.com, Jan. 26, 2020.“Improving the Measurement of Retirement Income of the Aged Population,” by Irena Dushi and Brad Trenkamp, ssa.gov, January 2021. “At Last, Some Action on Misleading Retirement Income Statistics,” by Andrew Biggs, aei.org, April 29, 2021.Social Security“Status of the Social Security and Medicare Programs: A Summary of the 2020 Annual Reports,” ssa.gov. “Obama Appoints Social Security Critic to Fix Puerto Rico’s Budget,” by David Dayen, theintercept.com, Aug. 31, 2016. “Social Security Benefits Aren’t Earned If You Didn’t Pay for Them,” by Andrew Biggs, forbes.com, March 12, 2020.“Americans Want to Own Their Retirement, not Expand Social Security,” by Andrew Biggs, realclearmarkets.com, June 19, 2020.“Factcheck: Do 40% of Retirees Rely on Social Security for Their Entire Income?” by Andrew Biggs, forbes.com, Jan. 27, 2020.“PWBM Budget Contest: A Flat Benefit for Social Security,” by Andrew Biggs, budgetmodel.wharton.upenn.edu, Jan. 26, 2021. “Social Security Reform Can Boost the Economy--or Hold it Back,” Andrew Biggs, Washingtonexaminer.com, March 26, 2021.Retirement Savings and DecumulationThrift Savings Plan“How Generous Are Federal Employee Pensions?” by Andrew Biggs, aei.org, Sept. 30, 2011.“Can Retirement Saving Increase Your Debt?” by Andrew Biggs, forbes.com, Jan. 8, 2018.“How Hard Should We Push the Poor to Save for Retirement?” by Andrew Biggs, aei.org, May 6, 2019.“Opinion: Stop Pushing Poor People to Save More for Retirement,” by Andrew Biggs, marketwatch.com, Sept. 12, 2019.“Factcheck: Will Half of Americans Over 55 Retire Poor?” by Andrew Biggs, forbes.com, Oct. 8, 2020.“Follow the Facts: Employer-Based Retirement Savings Are Stronger Than Ever,” by Andrew Biggs, forbes.com, Aug. 21. 2020. “Opinion: Now That Annuities Can Be Part of Your 401(k), Here’s How to Make Them More Palatable,” by Andrew Biggs, marketwatch.com, Jan. 11, 2020.

We ask Brian Deese — head of the White House National Economic Council — to survey the economic impact of the pandemic and explain how President Biden can make good on his promise to Build Back Better. See omnystudio.com/listener for privacy information.

Larry is joined by guests: Joe LaVorgna, former Chief economist at the White House National Economic Council and Chief Economist at Natitxis, John McLaughlin, pollster, strategic consultant and CEO at McLaughlin & Associates, and Thomas Duesterberg, Senior Fellow at the Hudson Institute.

Joe LaVorgna, former Chief economist at the White House National Economic Council and Chief Economist at Natitxis

A top White House economist says President Joe Biden will propose a tax hike on investment gains of the wealthiest individuals to help pay for his massive infrastructure and jobs package.Biden is expected to lay out his plan this week for $2 trillion in investments to create millions of jobs and has said higher taxes on the rich and corporations will offset the hefty price tag.Head of the White House National Economic Council, Brian Deese says the increased tax on profits earned from sales of stocks and other assets will only impact those earning $1 million a year, a narrow sliver of American taxpayers — about 500,000.He says the change will only apply to three-tenths of a per cent of taxpayers, which is not the top 1 per cent, it’s not even the top one half of 1 per cent.He did not provide any details of the new higher tax, but media reports last week cited officials saying Biden will increase the capital gains tax rate to 39.6 per cent from 20 per cent.

Bharat Ramamurti, deputy director of the White House National Economic Council, joins The Post to discuss President Biden’s proposed $2 trillion infrastructure plan.

The House voted to pass President Biden’s $1.9 trillion Covid relief bill. President Biden will sign the bill on Friday. Bharat Ramamurti, deputy director of the White House National Economic Council, says the relief will help low- to middle-income Americans. It’s been a year since the World Health Organization declared the coronavirus a worldwide pandemic. Nearly 33 million Americans are now fully vaccinated. That’s about 13 percent of all U.S. adults. Dr. Scott Gottlieb, former FDA commissioner, talks about what the current administration needs to do to make the vaccine more accessible to everyone. Texas Gov. Greg Abbott lifted the mask mandate today. All businesses will be allowed to open. And owners will decide whether it will require staff and customers to wear masks or not. Kate Rogers reports. Plus, a nationwide rise in hate crimes are targeting Asian communities.

Guests: Bharat Ramamurti, Deputy Director of the White House National Economic Council, and Rep. Bryan Steil, a Republican representing Wisconsin’s 1st Congressional District.

Guests: Bharat Ramamurti, Deputy Director of the White House National Economic Council, and Rep. Bryan Steil, a Republican representing Wisconsin’s 1st Congressional District.

Abigail Slater is a Senior Vice President for Policy and Strategy at Fox Corporation in Washington, DC. She is a seasoned policy professional with expertise in a host of communications issues. From 2018-2019 she served on the White House National Economic Council where she managed the technology, telco, and cyber policy portfolio. Her prior roles include General Counsel at the Internet Association and a decade of government service at the FTC. Help us grow! Leave us a rating and review - it's the best way to bring new listeners to the show. Don't forget to subscribe! Have a suggestion, or want to chat with Jim? Email him at Jim@ThePoliticalLife.net  Follow The Political Life on Facebook, Instagram, LinkedIn and Twitter for weekly updates.

The Biden administration wants a $1.9 trillion COVID aid plan passed by Congress as a way to address issues related to vaccine distribution, and President Biden indicated Friday he's willing to move forward without bipartisan support. Brian Deese, Biden's lead negotiator with Congress on the COVID deal and the director of the White House National Economic Council, joins Judy Woodruff to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

With the Biden administration taking office, COVID rampant, vaccine disbursement beginning, and businesses and individual Americans reeling from financial burdens, what is the outlook for the economy in 2021? Join us for a lively and important discussion on where the U.S. and global economies are headed and what should be done to keep them on track. Michael J. Boskin is T. M. Friedman Professor of Economics and Senior Fellow at the Hoover Institution, Stanford University. He is also a research associate at the National Bureau of Economic Research. He served as chairman of the president's Council of Economic Advisers (CEA) from 1989 to 1993. The independent Council for Excellence in Government rated Dr. Boskin's CEA one of the five most respected agencies (out of 100) in the federal government. He chaired the highly influential blue-ribbon Commission on the Consumer Price Index, whose report has transformed the way government statistical agencies around the world measure inflation, GDP and productivity. Laura D'Andrea Tyson is an influential scholar of economics and public policy and an expert on trade and competitiveness who has also served as a presidential adviser. She is a distinguished professor of the Graduate School at the Haas School of Business, University of California, Berkeley. She also chairs the Board of Trustees at UC Berkeley's Blum Center for Developing Economies, which aims to develop solutions to global poverty. She is the former faculty director of the Berkeley Haas Institute for Business and Social Impact, which she launched in 2013. She served as interim dean of the Haas School from July to December 2018, and served previously as dean from 1998 to 2001. Dr. Tyson was a member of President Clinton's cabinet between 1993 and 1996. She served as chair of the president's Council of Economic Advisers from 1993 to 1995 and as director of the White House National Economic Council from 1995 to 1996. She was the first woman to serve in those positions. This event is underwritten by Bank of America. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jannine Versi is the COO & Co-Founder of Elektra Health. Elektra Health is on a mission to smash the menopause taboo by empowering women with world-class, evidence-based care, education and community. We’re building a movement to bring high-quality hormonal healthcare into the 21st century alongside some of the best investors in the space. Two million women enter menopause every year in the US. A majority face the transition unprepared, unsupported and under-cared for, just when they need it most. Prior to Elektra Health, she worked at Google, The White House National Economic Council, the U.S. Department of Commerce and Cityblock Health. Jannine earned her BA in International Relations & History from University of Pennsylvania and her MBA from Harvard Business School. In this episode we discussed integrative care with menopause, the history of hormone therapy and breathing techniques for hot flashes.

Tune in for the audio from PRG's 2020 Post-Election Analysis Webinar, recorded at 10 am EST on Wednesday morning, November 4th. This webinar featured PRG's team of lobbyists, attorneys and strategic communications professionals as well as several guests: Michael Gottlieb, Former Counsel to President Obama and Senior Advisor on political-military affairs; Ron Minsk, Former Special Assistant to President Obama on energy and environmental affairs at the White House National Economic Council; and Jeff Stein, White House Economics Reporter at The Washington Post.

Can you believe we are on episode 20 already? Thank you to all of you who have been part of this exciting journey! As your Tech Chef I am happy to have you here and If you stumbled across this show today and want to stay on top of the latest and greatest technology products and news in the hospitality and restaurant industry, make sure you https://tech-chef.captivate.fm/listen (SUBSCRIBE) to this show.  Also, don’t forget go give this show a 5 star rating as well as good review.   Upcoming events….Don’t forget that FSTEC will be starting up their October – December community event that will replace the traditional show that we are all used to going to.  I am going to miss seeing all of you and person and I can’t wait to be face to face with you again.  For more information on this, go to http://fstec.com/ (FSTEC.com) In about 2 weeks, Restaurant Next:  an online event being held October 12th and 13th being hosted be the Restaurant Technology Network along with MURTEC.  I have talked about this quite a bit with you already so you already know what a cool event this event will be along with the Rockstar guest speakers. For more information and to sign up for FREE if you are a restaurant operator, please visit  https://events.ensembleiq.com/RestaurantNext (https://events.ensembleiq.com/RestaurantNext) October 12th and 13th, the Restaurant Technology Network along with MURTC is presenting an exciting two days in an event called Restaurant Next.   I will be speaking at one of the sessions and alongside of me will be Matt Friedman CEO at Wingzone and Chris Demery SVP Off-Premises Dining at P.F. Chang’s China Bistro Inc.  We will be talking about the rise of Native Delivery, 1st Party Delivery, Self Delivery, whatever you want to call it.   https://events.ensembleiq.com/RestaurantNext (https://events.ensembleiq.com/RestaurantNext)  Manik Suri, CEO and Co-Founder of CoInspectManik is Founder and CEO of CoInspect (http://www.coinspectapp.com/ (www.coinspectapp.com)), a technology startup whose mission is to help protect our food and our planet. CoInspect builds safety and sustainability tools to eliminate food waste, energy inefficiency and refrigerant emissions — protecting consumers and combating climate change. CoInspect is deployed across thousands of restaurants, manufacturing plants, and government agencies worldwide, with leading brands including Starbucks, McDonalds, Domino’s, Chick-fil-A, 7-Eleven and Wyndham Hotels. Previously, Manik co-founded the Governance Lab (GovLab), an innovation center at NYU that develops technology solutions to improve government. He is a former Affiliate of Harvard’s Berkman Center for Internet & Society and has held positions at global investment firm D. E. Shaw & Company and the White House National Economic Council.  Contest We have a winner!Michael D, you have been sent an email, please reach back out so we can ship you this great prize. Congratulations! How To Contact MeComment hotline: 954-302-0851 Website: https://skipkimpel.com/ (https://SkipKimpel.com) (show notes will be posted here) Twitter: https://twitter.com/skipkimpel (https://twitter.com/skipkimpel) Facebook:  https://www.facebook.com/skipkimpel1/ (https://www.facebook.com/skipkimpel1/) LinkedIn: https://www.linkedin.com/in/skipkimpel/ (https://www.linkedin.com/in/skipkimpel/) Next Week’s Show…Next week I have celebrity Chef Robert Irvine on the show.  Yes, you know who he is… Star of the Food Network including his hit show, Restaurant Impossible: Back to Business.  Airing on Thursday nights on Food Network this won’t be like any season you’ve ever seen before. Because of COVID-19, restaurants all across the country are struggling to stay afloat and Chef Irvine is there to help solve these...

Named “One of the 5 most inspiring woman in America” by NBC news, Bonnie was first African-America ever to win medals in the Winter Paralympics.  She graduated magna cum laude from Harvard, earned a Rhodes Scholarship, served as the director of the White House National Economic Council, and is a bestselling author of 7 books.  On this episode Bonnie we dive into the principles, strategies and tactics of micro-resilience, and explore how a 5-year-old amputee ends up winning Olympic skiing medals. Show notes at https://gladiatorway.com/32

CoinDesk's annual conference on the future of the global financial system is happening this week. Consensus: Distributed features hundreds of hours of programming with more than 150 speakers over five days, from May 11th-15th. HighlightsYves Mersch on Central Bank Digital CurrenciesMember of the Executive Board, Vice-Chair of the Supervisory Board • European Central BankYves Mersch was appointed to the Executive Board of the ECB in 2012 when serving his third term as Governor of the Banque centrale du Luxembourg, a position he had held since 1998. In 2019 he was appointed Vice-Chair of the ECB's Supervisory Board.Before setting up his country's central bank, he represented his country in the International Monetary Fund, World Bank, European Investment Bank and other multilateral organisations, as well as in private companies where he has been globally active in both financial and industrial areas.Mr Mersch holds postgraduate degrees in political science from Paris Sorbonne, and law from Paris Panthéon University. He is the longest-serving member on the ECB's Governing Council. Former Treasury Secretary Lawrence Summers & fintech author and futurist Dave Birch  Former Treasury Secretary Lawrence H. Summers is one of America's leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank.Dr. Summers' tenure at the U.S. Treasury coincided with the longest period of sustained economic growth in U.S. history. He is the only Treasury Secretary in the last half century to have left office with the national budget in surplus. Dr. Summers has played a key role in addressing every major financial crisis for the last two decades. David G.W. Birch is an author, advisor and commentator on digital financial services. He is Global Ambassador for Consult Hyperion (the secure electronic transactions consultancy that he helped to found), Technology Fellow at the Centre for the Study of Financial Innovation (the London-based think tank) and a Visiting Professor at the University of Surrey Business School. Chris Giancarlo and the Digital Dollar Project & Dante Disparte of Libra AssociationThe Honorable J. Christopher (“Chris”) Giancarlo is an American attorney and former business executive who served as 13th Chairman of the United States Commodity Futures Trading Commission (CFTC). Dante Disparte is the vice chairman and Head of Policy and Communications for the Libra Association, a newly-formed organization that has brought together social impact organizations and a diverse group of leading businesses from around the world to create a low-friction, high-trust payment system that empowers billions of people. Gavin Wood on Chain Mergers and AcquisitionsGavin Wood, an original co-founder of Ethereum, took a few good swipes at the second-largest cryptocurrency he helped create, calling out its lack of “agency” when upgrading to its next version, Ethereum 2.0.Plan B discussion: Saifedean Ammous, Erik VoorheesSaifedean Ammous is the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, the first academic study of the economics of bitcoin. He also runs saifedean.com, a platform for online courses in economics. Erik Voorhees is among the top-recognized serial Bitcoin advocates and entrepreneurs, understanding Bitcoin as one of the most important inventions ever created by humanity. US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms - Brian Brooks, chief operating officer of the U.S. Office of the Comptroller of the Currency (OCC), the nation's national bank overseer, said Monday he believes crypto companies could fall under a federal licensing regime – if they provide what can be described as payment services. Speaking at CoinDesk's Consensus: Distributed virtual conference, the former Coinbase chief legal officer said many crypto companies are payments companies, and it therefore might make sense to treat these startups – and other fintech firms like Stripe – the same way as banks are treated federally. "Crypto is one of those areas where we have to ask ourselves, does it make more sense to think of crypto projects as local projects or global projects. If they're global, then the rational for a single national license makes more sense," he said. "Increasingly, it looks a lot like crypto is banking for the 21st century."This would give these startups an alternative to the state-level money transmitter licenses when building operations.The European Central Bank (ECB) is looking into what a retail central bank digital currency (CBDC) form of the euro might look like - The ECB set up a task force earlier this year to look into what its potential CBDC could look like, and the group expects to publish a preliminary report in the coming weeks, said Mersch, an executive board member at the ECB. "A wholesale CBDC, restricted to a limited group of financial counter-parties, would be largely business as usual," Mersch said. "However, a retail CBDC, accessible to all, would be a game changer, so a retail CBDC is now our main focus." A retail CBDC could be based on a digital token circulated "in a decentralized manner," without a central ledger, Mersch said, though he stopped short of saying the words "blockchain" or "distributed ledger." He acknowledged that the traceability of digital transactions would raise privacy concerns among a population used to paying for some things with paper notes.Cold Currency War is brewing - Every sector is competing in a type of arms race to be a leader in the digital currency race.Vitalik Buterin said the Ethereum 2.0 protocol upgrade in July - Eth2 will change the consensus mechanism to proof-of-stake (PoS), is well on its way to launching sometime in July.Zcash Alliance Aims to Bring Privacy Tech to Bitcoin, Cosmos and Ethereum -A handful of big names in crypto want in on the privacy features offered by Zcash. The Electric Coin Company (ECC) announced Monday the launch of the Zcash Developers Alliance (ZDA), an invite-only working group that includes the Lightning Network startup Bolt Labs, the cross-chain technology startup Thesis, the Ethereum conglomerate ConsenSys and two leading startups working on the Cosmos project, Agoric and Iqlusion, just to name a few. “The ZDA is an attempt to introduce a way to collaborate with the ECC, and the Zcash ecosystem, which focuses around other people's priorities,” Iqlusion founder Zaki Manian said. “Product-market fit is other people [beyond fans and founders] actually caring about it.” Manian said the “Zcash anonymity set” is a “valuable public good,” describing how the privacy coin allows shielded transactions and the construct that allows individual transactions to get lost in the metaphorical crowd. References: CoinDesk

After the finanancial crisis of 2008-2009 banks and financial firms received billions of dollars in public funds to help them survive. In 2011 civilians took to the streets protesting about economic inequality after the bailouts; jobs, homes and livelihoods had been lost whilst the corporate sector survived largely unscathed. In the post-corona world, rescue packages are once again being hastily assembled to save businesses and jobs, but is adequate attention being paid to the public interest? Have the lessons of the past been learnt? The eminent economist, and Nobel prize winner Professor Joseph Stiglitz and the former Director of the White House National Economic Council, Gary Cohn, debate the issues with Ed Butler. (Image: Occupy Wall Street sign, Credit: Reuters)

Many real estate and financial services organizations are navigating unprecedented challenges during the current global crisis. Now's your chance to Ask the Expert!Join Lawrence H. Summers for a live Q&A. Summers will draw on his 30 years of financial and economic expertise and answer your questions on the current climate for the real estate and financial services industries.Former Treasury Secretary Lawrence H. Summers is one of America’s leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank.

Welcome back to another year and another decade of the 401(k) Fridays Podcast! Sorry for the delay in getting new episodes out, had some last minute scheduling challenges along with sickness that got us off track. Don’t fear though, we are back and ready for an exciting 2020! To kick things off, I am excited to welcome back Andrew Biggs, a fellow at the American Enterprise Institute to the podcast. As a retirement policy expert and researcher he brings a sober perspective of how our private workplace retirement plan system is really doing. During our conversation we hit on why there is so much focus on how 401(k) plans are broken, data on how current retirees are doing, somethings to future retirees can expect and much more.  Coming up on the podcast we welcome back a fan favorite Jerry Schlichter, the plaintiffs attorney who has shaped retirement plan litigation, Bob Holcomb of Empower to talk in more detail about the new SECURE Act and Rob Arnott of Research Affiliates to discuss what he sees coming for the markets in the near and not so near term. Exciting stuff, please be sure to share with anyone you think could benefit from listening.  Guest Bio Andrew G. Biggs is a resident scholar at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits. Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President’s Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future. In 2014, Institutional Investor Magazine named him one of the 40 most influential people in the retirement world. In 2016, he was appointed by President Obama to be a member of the financial control board overseeing reforms to Puerto Rico’s budget and the restructuring of the island’s debts. Biggs holds a bachelor’s degree from Queen’s University Belfast in Northern Ireland, master’s degrees from Cambridge University and the University of London, and a PhD from the London School of Economics. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 175 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

Read Dr. Biggs' article in The Hill:https://thehill.com/opinion/finance/448431-401ks-can-fill-the-pension-gap Andrew G. Biggs is a resident scholar at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits. Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President’s Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future. In 2014, Institutional Investor Magazine named him one of the 40 most influential people in the retirement world. In 2016, he was appointed by President Obama to be a member of the financial control board overseeing reforms to Puerto Rico’s budget and the restructuring of the island’s debts. Learn more about the Show-Me Institute: https://showmeinstitute.org/ The Show-Me Institute Podcast is produced by Show-Me Opportunity

Larry Kudlow, White House National Economic Council director, talks about the budget that the White House released this week, the U.S. economy, jobs, and trade issues.

Larry Kudlow, White House National Economic Council director, talks about the budget that the White House released this week, the U.S. economy, jobs, and trade issues. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the What's Next! podcast with Tiffani Bova.     This week I have the absolute pleasure of welcoming Olympic Medalist Bonnie St. John to the What's Next! Podcast. At the age of 5, Bonnie had her right leg amputated. And once you listen to this podcast, you will understand, there was no way that was going to stop her. At the age of 19, she became the first African-American to win medals at the 1984 Winter Paralympics in Innsbruck Austria. Bonnie was appointed by President Clinton as a director for Human Capital Issues on the White House National Economic Council and went on to represent the United States as a member of President Obama's official delegation to the 2010 Paralympic Winter Games in Vancouver and the 2016 Paralympic summer Games in Rio de Janeiro. Bonnie is also a Leadership Consultant for multiple Fortune 500 companies, the CEO of the Blue Circle Leadership Institute, and a best-selling author of seven books, including How Great Women Lead: A Mother-Daughter Adventure into the Lives of Women Shaping the World, and her latest title Micro-Resilience: Minor Shifts for Major Boosts in Focus, Drive, and Energy! I am thrilled to have Bonnie St. John on the podcast!     THIS EPISODE IS PERFECT FOR… anyone! If you want to overcome your own personal talk track that the obstacles you face are insurmountable, then this is for you. I can’t think of a better way for you to spend thirty minutes of your time than listening to “one of the five most inspiring women in America!” (NBC Nightly News)    TODAY’S MAIN MESSAGE… Today’s episode is a fantastic reminder to always use your challenges, your obstacles, and your unique experiences to become a better leader. Great leaders take cues from the potential connections that can form all around them to change the way they think and therefore lead. Today, we’re looking at those connections and how to constantly look for the small, subtle changes in your day to day behavior that can help you become a better leader.    WHAT  I  LOVE  MOST… Bonnie taking my Bullish and Bearish scenario from just “robots having their own Olympics,” to having “cyborgs” be the answer. I think it’s a great example of Bonnie’s amazing sense of humor, and I loved learning more about her, her humility, and all the amazing things she's been able to accomplish in her life (and career) thus far. It was a real treat learning more about what makes the legendary Bonnie St. John such a special human being.    Running time: 31:14     Subscribe on iTunes   Find Tiffani on social: Facebook Twitter LinkedIn    Find Bonnie on social:  Twitter  Facebook  LinkedIn

We need to transform our food system and address one of the biggest threats to our well-being: our lack of a coordinated and comprehensive food policy. Our nation’s and the world’s health crises are not driven by medical issues, but rather by social, economic, and political issues that conspire to drive disease. There is clear evidence that taxation on sugar-sweetened beverages results in reduced consumption and provides a funding source for public health measures to fight obesity and chronic disease and improve the health of communities.My guest on this week’s episode of The Doctor’s Farmacy is Larry Summers, former Treasury Secretary and one of America’s leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank. Currently, Summers is the President Emeritus and the Charles W. Eliot University Professor at Harvard University, where he became a full professor at age 28, one of the youngest in Harvard’s recent history. Along with Michael Bloomberg, Dr. Summers recently launched a Task Force on Fiscal Policy for Health. He chairs the board of the Center for Global Development and chaired the Commission on Global Health, lauded by the UN Secretary General who noted that it “will bring more than health–it will bring equity, and contribute to a life of dignity for all.”In this episode, Larry and I discuss the benefits of taxing junk foods. How would this affect the economy and the epidemic of chronic disease? Find out in this week’s episode of The Doctor’s Farmacy. See acast.com/privacy for privacy and opt-out information.

This episode discusses recent tensions in the U.S.-China trade relationship, including the demands from each side as well as the implications of a U.S.-China trade war. Our guest, Dan Rosen, joins us to discuss the Trump administration’s approach to trade relations with China, the significance of the widening bilateral trade deficit, and the ideal outcomes for both countries. He also expands upon the growing intersections between U.S. economic and security policy in regards to China.   Dan Rosen is a founding partner of Rhodium Group with extensive experience analyzing China’s economy and U.S.-China economic relations. He is also an adjunct associate professor at Columbia University and is affiliated with a number of economics-focused U.S. think tanks. Dan was previously Senior Advisor for International Economic Policy at the White House National Economic Council and National Security Council.

In our inaugural episode of #TomorrowsCapital, former US Treasury Secretary Larry Summers discusses with me areas of growth and concern for the U.S. economy. Summers previously served as Director of The White House National Economic Council during the Obama Administration. He currently serves as Charles W. Eliot University professor and president emeritus at Harvard University and played a critical role in our economic history.

Today we take a little detour from talking about the usual 401(k) or workplace retirement plan topics and focus on the challenge for many people around the country who are gainfully employed but don’t have access to a retirement plan at work.  Personally, when I first heard some of the stats we discuss today they were surprising to me.  I have two guests which both shared great perspective today, Lisa Massena, the Executive Director of OregonSaves the first state retirement plan to go live and Andrew Biggs, a resident Scholar at the American Enterprise Institute who has a wealth of data and research about retirement savings at his finger tips.  As hopefully you have heard in prior episodes when I have two guests on that usually means they are not always going to agree on everything.  Our conversation starts with a conversation around the data, what options individuals who don’t have access to a retirement plan at work have today and how the conversation will evolve in the future.  With Lisa here, we also spend some time talking about how state retirement plans factor into the coverage conversation.  She shares Oregon’s experience, early results and reactions after their launch in late 2017.  Good stuff and I hope you take as much away from our conversation as I did.    Last thing, we had a little challenge with Andrew’s connection, you can hear everything he says but it is a little scratch, just a heads up.  Technology is a great thing until it isn’t! Guest Bios Lisa Massena, Executive Director, OregonSaves - Ms. Massena joined OregonSaves as its first Executive Director in September of 2015. With its Board and a strong team of internal and external collaborators, Massena helped design and launch the innovative retirement savings program that, when fully implemented, is expected to be available to over 1 million Oregonians who currently do not have access to retirement savings at work.  A native of the Northwest, Ms. Massena began her career in Oregon focused on investment and retirement solutions for employers and individuals, co-founding an investment consultancy in 1991 that specialized in defined contribution plans. When the internet beckoned, she joined a startup firm in San Francisco providing online portfolio advice for 401(k) savers. In 2001 Massena was recruited to State Street Corp. where from San Francisco and Boston she led regional, Americas and global teams providing investment analytics services to institutional clients. She earned a B.A. from Portland State University and is a Chartered Financial Analyst.  Andrew G. Biggs is a resident scholar at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits. Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President’s Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future. In 2014, Institutional Investor Magazine named him one of the 40 most influential people in the retirement world. In 2016, he was appointed by President Obama to be a member of the financial control board overseeing reforms to Puerto Rico’s budget and the restructuring of the island’s debts. Biggs holds a bachelor’s degree from Queen’s University Belfast in Northern Ireland, master’s degrees from Cambridge University and the University of London, and a Ph.D. from the London School of Economics. 401(k) Fridays Podcast Overview Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over one hundred prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

Bonnie St.John is an Olympic Medalist, bestselling author, highly sought after keynote speaker, and a leadership consultant. Despite having her right leg amputated at age five, Bonnie St. John became the first African-American ever to win medals in Winter Olympic competition, taking home a silver and two bronze medals at the 1984 Winter Paralympics in Austria. President Clinton appointed her as a Director for Human Capital Issues on the White House National Economic Council, and NBC Nightly News selected Bonnie St. John as “One of the five most inspiring women in America.” She Bonnie travels the globe as a highly sought after keynote speaker, Fortune 500 business consultant, television and radio personality, and business owner. She’s currently the CEO of the Blue Circle Leadership Institute, where she leads international live and virtual leadership programs. Bonnie is the bestselling author of seven books. Her most recent book is Micro Resilience: Minor Shifts for Major Boosts in Focus, Drive, and Energy. You can find out more about the book at microresilience.com. - Get your FREE copy of my e-book. Text OZAN to 345345 or navigate to weeklycontrarian.com to download a free copy of my e-book, The Contrarian Handbook: 8 Principles for Innovating Your Thinking. Along with your free e-book, you’ll get the Weekly Contrarian — a newsletter that challenges conventional wisdom and changes the way we look at the world (plus access to exclusive content for subscribers only). Don’t want to miss future episodes? Be sure to subscribe to the podcast and leave a review on iTunes or Google Play. As always, thanks for listening.

Author, motivational speaker and former pro-skier Bonnie St. John had her right leg amputated at age 5, but that has never slowed her down. The San Diego native made a Paralympics run in 1984 and became the first African-American to win medals in Winter Olympics competition. A Rhodes Scholar, St. John went on to serve on the White House National Economic Council and has written seven books, including one with her husband called "Micro-Resilience," which outlines five frameworks for small "life hacks" to help boost focus and energy.

Listen to the Joint Economic Committee Democrats' new episode of “Opportunity Agenda,” a podcast that furthers the conversation on how to build an economic future where all American families have a fair shot at getting ahead. Episode 3, “Debunking the GOP Tax Plan,” unpacks the Republican proposal that would give massive tax breaks to the wealthy at the expense of working Americans. The episode features Seth Hanlon, senior fellow at The Center For American Progress and former special assistant to President Obama for economic policy at the White House National Economic Council.

The third and final part of "Hope for Democracy:" great questions from the audience. On May 17 at the Middlebury Institute of International Studies, we heard the unique perspectives of leaders with national and local experience in government, politics, the law, and media. This is Part Two of a three-part series on this event. Former Congressman Sam Farr represented the Central Coast in the House of Representatives for 24 years, following service in the California Assembly, on the Monterey County Board of Supervisors, and in the Peace Corps. His record of accomplishment includes the creation of CSUMB, Pinnacles National Park, the VA Hospital in Marina, the Central Coast Veterans Cemetery and much more. Adrienne Harris was a Special Assistant to President Obama for Economic Policy at the White House National Economic Council. Before that she was with the U.S. Treasury Department, New York-based Sullivan & Cromwell LLP, and election campaigns for Barack Obama, Senator Cory Booker, and Manhattan D.A. Cyrus Vance, Jr. Zach Friend is a policy, public affairs, and communications expert who has worked for Barack Obama and John Kerry’s presidential campaigns, the White House Council of Economic Advisers, U.S. Senate, Congressman Sam Farr, and the Democratic National Committee. He is the 2nd District Supervisor for Santa Cruz County. Host Spencer Critchley is a communications consultant whose experience includes both of Barack Obama’s presidential campaigns, stories for the CBC, NPR, the AP and others, and audio production for the Emmy-winning PBS documentary “Blink.” He is the Managing Partner of Boots Road Group, a communications firm for governments, nonprofits, and socially responsible corporations.

More from "Hope for Democracy:" the conversation resumes with former Congressman Sam Farr describing the anger and misinformation surrounding health care reform, all the panelists addressing whether public servants really want to serve the public, and more. On May 17 at the Middlebury Institute of International Studies, we heard the unique perspectives of leaders with national and local experience in government, politics, the law, and media. This is Part Two of a three-part series on this event. Former Congressman Sam Farr represented the Central Coast in the House of Representatives for 24 years, following service in the California Assembly, on the Monterey County Board of Supervisors, and in the Peace Corps. His record of accomplishment includes the creation of CSUMB, Pinnacles National Park, the VA Hospital in Marina, the Central Coast Veterans Cemetery and much more. Adrienne Harris was a Special Assistant to President Obama for Economic Policy at the White House National Economic Council. Before that she was with the U.S. Treasury Department, New York-based Sullivan & Cromwell LLP, and election campaigns for Barack Obama, Senator Cory Booker, and Manhattan D.A. Cyrus Vance, Jr. Zach Friend is a policy, public affairs, and communications expert who has worked for Barack Obama and John Kerry’s presidential campaigns, the White House Council of Economic Advisers, U.S. Senate, Congressman Sam Farr, and the Democratic National Committee. He is the 2nd District Supervisor for Santa Cruz County. Host Spencer Critchley is a communications consultant whose experience includes both of Barack Obama’s presidential campaigns, stories for the CBC, NPR, the AP and others, and audio production for the Emmy-winning PBS documentary “Blink.” He is the Managing Partner of Boots Road Group, a communications firm for governments, nonprofits, and socially responsible corporations.

Bill Gross, a fund manager at Janus Henderson, says this is a weak jobs report and that he sees the U.S. budget deficit increasing. Prior to that, Jim Glassman, JPMorgan's head economist for commercial banking, says economists should worry when businesses stop worrying. Gary Cohn, director of the White House National Economic Council, says a tax blueprint will be coming out in the next couple of weeks. Finally, Brian Kelly, founder of The Points Guy, says avoid flying to Houston, but if you are, ask for a "weather waiver." Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bill Gross, a fund manager at Janus Henderson, says this is a weak jobs report and that he sees the U.S. budget deficit increasing. Prior to that, Jim Glassman, JPMorgan's head economist for commercial banking, says economists should worry when businesses stop worrying. Gary Cohn, director of the White House National Economic Council, says a tax blueprint will be coming out in the next couple of weeks. Finally, Brian Kelly, founder of The Points Guy, says avoid flying to Houston, but if you are, ask for a "weather waiver."

Government institutions, the free press, the judiciary, the integrity of the election itself — all face doubt and even attack, from both foreign and domestic sources. What’s the way forward? On May 17 at the Middlebury Institute of International Studies, we heard the unique perspectives of leaders with national and local experience in government, politics, the law, and media. Former Congressman Sam Farr represented the Central Coast in the House of Representatives for 24 years, following service in the California Assembly, on the Monterey County Board of Supervisors, and in the Peace Corps. His record of accomplishment includes the creation of CSUMB, Pinnacles National Park, the VA Hospital in Marina, the Central Coast Veterans Cemetery and much more. Adrienne Harris was a Special Assistant to President Obama for Economic Policy at the White House National Economic Council. Before that she was with the U.S. Treasury Department, New York-based Sullivan & Cromwell LLP, and election campaigns for Barack Obama, Senator Cory Booker, and Manhattan D.A. Cyrus Vance, Jr. Zach Friend is a policy, public affairs, and communications expert who has worked for Barack Obama and John Kerry’s presidential campaigns, the White House Council of Economic Advisers, U.S. Senate, Congressman Sam Farr, and the Democratic National Committee. He is the 2nd District Supervisor for Santa Cruz County. Host Spencer Critchley is a communications consultant whose experience includes both of Barack Obama’s presidential campaigns, stories for the CBC, NPR, the AP and others, and audio production for the Emmy-winning PBS documentary “Blink.” He is the Managing Partner of Boots Road Group, a communications firm for governments, nonprofits, and socially responsible corporations.

President-elect Donald Trump names Goldman Sachs exec Gary Cohn as the head of the White House National Economic Council. Is banking experience an asset or a detriment when it comes to economic policy? Plus, Kai and Andrea discuss Trump taking aim at Lockheed Martin's F-35 fighter jet costs. Got a question about economics over the next four years? Send them over to @marketplace, @KaiRyssdal and @radiobabe. 

Listen NowLate last year Gilead Sciences received FDA approval for its Hepatitis C drug Solvaldi.   Hepatitis C (Hep C) affects three to four million Americans and can have serious health consequences.  Gilead priced the drug at $1,000 a pill or between $84,000 and $168,000 for the full, curative treatment (effective in approximately 90% of patients).   However as priced if every Hep C patient received Solvaldi the cost would equal the combined annual spending amount for all drugs sold in the US.During this 21 minute podcast Chris discusses how and why this drug's pricing effects all of health care financing and delivery, the work the DC-based Campaign for Sustainable Rx Pricing is doing to try to mitigate Solvaldi's cost, when and if similar Hep C drugs entering the market will force Gilead to lower its price and why past efforts to moderate pharmaceutical drug pricing, e.g., authoring Medicare to negotiate drug prices it pays, have proved unsuccessful.   Through this past April Chris Dawe was the Health Care Policy Adviser for the White House National Economic Council.  Previously, Chris served as Director of Delivery System Reform at the US Department of Health and Human Services.  Before joining the administration in 2011 Chris served as a Professional Staff member for the US Senate Finance Committee under Chairman Max Baucus. From 2007 to 2008, Chris served as Health Policy Adviser to Senator John Kerry. Prior still Chris was a Legislative Analyst at Jennings Policy Strategies in DC, while there he served in 2006 as the Deputy Director for Global Health at the Clinton Global Initiative.   Before coming to Washington, DC, Chris was a Market Analyst at Partners Healthcare, Massachusetts' largest hospital system.  Chris is a Massachusetts native and a magna cum laude gratudate of Bowdoin College.   This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.thehealthcarepolicypodcast.com

Daniel H. Rosen is the founding partner of Rhodium Group and leads the firm's work on China. He is a visiting fellow at the Peterson Institute for International Economics and also teaches at Columbia University. He previously served as senior adviser for International Economic Policy at the White House National Economic Council and National Security Council. He's written extensively on China and co-authored An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment in 2011.

Daniel H. Rosen is the founding partner of Rhodium Group and leads the firm's work on China. He is a visiting fellow at the Peterson Institute for International Economics and also teaches at Columbia University. He previously served as senior adviser for International Economic Policy at the White House National Economic Council and National Security Council. He's written extensively on China and co-authored An American Open Door? Maximizing the Benefits of Chinese Foreign Direct Investment in 2011.