What the Trump team was doing during the financial crisis

Stock market volatility is back. Mohamed El-Erian says that may not be a bad thing.: Mohamed A. El-Erian, chief economic adviser at Allianz, analyzes the recent chaos in the stock market and what it means for the country's larger economic picture. El-Erian also discusses the tax cut, running a responsible deficit and if the recent Fed Chair change contributed to the downturn. by POLITICO Money

31 min listen

POLITICO Money coming October 18: Join Ben White and the POLITICO team every Wednesday as we take listeners inside the world of Wall Street and Washington. We'll unpack major news moments, hear from leading voices on the economy, and help you understand the policies that move markets. Our first episode with Treasury Secretary Steven Mnuchin will debut October 18. by POLITICO Money

2 min listen

To make the economy great again, bring women back to the workforce: A new report from Standard & Poor's chief U.S. economist Beth Ann Bovino says that the economy may be bolstered not by tax cuts, but by getting more women into the workforce and providing more incentives for them to stay. Bovino joins Politico's Ben White to discuss her report, the economic cost of sexual harassment in the workplace and how the U.S. could take a few lessons from Norway. by POLITICO Money

32 min listen

Trump and taxes goosing stocks? This Wall Street titan downplays both: Blackstone President Tony James joins POLITICO Money this week to discuss the Republican's tax reform plan, the stock market's stability, and if Hillary Clinton's Wall Street ties ultimately cost her the 2016 election. James also explains why he does not believe that the markets are crying out for corporate tax cuts and how specific provisions in the tax reform bill would hurt business growth. by POLITICO Money

30 min listen

Former U.S. trade chief: After tax cuts, watch America's trade deficit surge: Michael Froman says that more government borrowing from the new tax plan will likely boost the U.S. trade gap despite Trump's wishes. The former U.S. trade chief discusses why trade frequently becomes a scapegoat for economic anxieties, the consequences of pulling out of TPP and why trade deficits aren't necessarily a bad thing. by POLITICO Money

37 min listen

Top Trump economist on tax policy and pulling Americans back into the workforce: Council of Economic Advisers Chair Kevin Hassett discusses tax policy and the claim that proposed cuts will add at least $4,000 in increased wages per household over the next several years. Hassett also opens up about being "the nice guy" in a tumultuous political environment, the role of the Council of Economic Advisers, and his belief that some Americans are so disconnected from the workforce that the best idea to get them working again could be a federal jobs program. by POLITICO Money

43 min listen

Reading inbetween the lines of the 4.1% unemployment rate: Former BLS Commissioner Erica Groshen joins POLITICO Money to discuss how the very low unemployment number masks some persistent weaknesses in our economy. Plus, Brenda Dryer, the director of workforce solutions in Ames, Iowa, explains the conditions in the city with the lowest unemployment rate in the nation at just 1.4 percent. by POLITICO Money

22 min listen

The year ahead at the intersection of Wall Street and Washington: POLITICO's Ben White, Nancy Cook and Aaron Lorenzo dig into President Donald Trump’s likely agenda for the year, which could include demands for a border wall, tough actions on trade and at least an attempt to get bipartisan support for a major infrastructure bill. They also explain the weird stuff that happened with the tax cut bill over the holiday break including homeowners in blue states racing to prepay their 2018 property taxes and states looking at creative solutions including turning their incomes taxes into fully deductible charitable contributions. by POLITICO Money

33 min listen

Larry Summers warns Trump on stock market brags: Former Treasury Secretary Larry Summers sits down with Ben White to discuss the pitfalls of presidents taking credit for the stock market's performance, his criticisms of the GOP tax plan and his tenure at Harvard. Summers also reflects back on his failed candidacy to become chair of the Federal Reserve four years ago and his commitment to maintaining an "optimistic" outlook. by POLITICO Money

37 min listen

Behind the bitcoin bubble: Is the cryptocurrency's rise just beginning or near its end? In the latest POLITICO Money podcast, experts pick apart the bitcoin speculation. by POLITICO Money

52 min listen

Larry Kudlow on fixing the business tax rates, supply side economics and getting sober: Former adviser to President Ronald Reagan and CNBC contributor Larry Kudlow discusses his role in shaping the Trump tax plan and where Republicans went wrong with the individual side cuts. Kudlow explains why he believes the cutting the corporate rate will raise the U.S. growth rate to 3 or 4 percent, and how trade would be impacted if the United States pulls out of NAFTA. Plus, Kudlow recounts his struggle to get sober to in the 90's and how it was a crucial turning point in his life. by POLITICO Money

59 min listen

The $100 billion question: A conversation with Sen. Tim Scott: Will tax incentives help unlock billions of dollars in investment in poor areas? Free-market Republicans have generally stayed away from the debate about potential government solutions. But Sen. Tim Scott (R-S.C.) has championed an effort to narrow an economic divide. by POLITICO Money

22 min listen

Are tax cuts worth adding $1 trillion in debt?: Top Republican economist Douglas Holtz-Eakin criticizes tactics in the tax debate, but says he expects stronger economic growth as a result. Holtz-Eakin discusses the disappearing American dream, staying in your lane in Trump's Washington and why Republicans should just be straight about the bet they are making on growth and higher deficits. by POLITICO Money

43 min listen

Treasury Secretary Steven Mnuchin on taxes, Trump's tweets and Hamilton: Steven Mnuchin opens up about his relationship with President Trump and how he became treasury secretary, what's on his bookshelf, the Lakers, and D.C. versus L.A. Plus, the treasury secretary tells Ben White a tax overhaul is guaranteed by the end of the year. by POLITICO Money

29 min listen

Steel cage death match over trade: Ben White and POLITICO's Doug Palmer tick down the list of trade tiffs, brawls and all-out steel cage matches currently underway by the Trump administration. Then Marianne LeVine weighs in with a look at a sector that's actually winning as trade disputes simmer over: lobbyists. by POLITICO Money

32 min listen

Get smart on the tax debate: Want to sound smart when your Thanksgiving conversation invariably turns to marginal tax rates and corporate hiring behavior? Ben White hosts a reporter roundtable featuring Nancy Cook, Seung Min Kim and Brian Faler, join the group as they unpack the Republican tax cut effort from every angle. The issues explored include: Why are Republicans doing this now when the economy seems to be doing fine? Will it really light a fire under growth and drive up wages? Can the GOP cross the finish line and get a bill to President Donald Trump’s desk? And if they do, will they live to regret it given polls show most Americans don’t like what Republicans are doing? by POLITICO Money

40 min listen

BONUS: Trump picks Powell: President Donald Trump ended months of reality show-style speculation by picking Jay Powell to lead the central bank, settling on a seasoned veteran for one of the world's most important economic jobs and signaling there won't be drastic changes at the Fed. In a bonus episode of POLITICO Money, Ben White and Victoria Guida dive into why the president chose Powell, if he'll actually be all that different from Janet Yellen, and what this means for the markets. by POLITICO Money

9 min listen

A reality check on watering down Dodd-Frank: This week Ben White explores the Crapo bill, the legislation that reforms the Dodd-Frank Act by scaling back regulations on regional banks. The banking bill is supported by some moderate Democrats, but is getting criticized by the far left. Is there teeth to the argument or are we wading into partisan politics? by POLITICO Money

25 min listen

Fed Chair Jay Powell's first big Capitol Hill test: Newly installed Federal Reserve Chairman Jerome "Jay" Powell turned in a smooth inaugural performance on Capitol Hill on Tuesday, parrying both Republican and Democratic attempts to get him to make news. Ben assesses the top takeaways from the testimony and welcomes Glenn Hubbard, Dean of the Columbia University business school and close friend of Powell’s, to discuss the Fed Chair's economic outlook. by POLITICO Money

22 min listen

Senator Jim Inhofe urges action from White House on infrastructure: Oklahoma Republican Senator Jim Inhofe discusses working with the White House on an infrastructure proposal, where the $1 trillion in funding would come from, and how the shutdown affected the agenda item's timetable. Inhofe also discusses President Trump's nontraditional leadership style and why Trump's tweets have been "helpful" in chastening North Korea. by POLITICO Money

33 min listen

Get smart on Trump and trade: POLITICO trade journalists Megan Cassella, Adam Behsudi and Doug Palmer explain exactly what's going on with the Trump White House and international trade. Will the U.S. ultimately decide to get back into the Trans-Pacific Partnership or seek individual deals with Japan and other TPP members? Can the White House meet a looming deadline to renegotiate the North American Free Trade Agreement and get a new deal through Congress? by POLITICO Money

38 min listen

How China acquires the crown jewels of U.S. technology: POLITICO's Cory Bennett joins Ben to talk about the Committee on Foreign Investment in the United States. by POLITICO Money

33 min listen

Bitcoin revisited: Ben White sits down with Politico's Colin Wilhelm to check on his Bitcoin portfolio-- 0.003 percent of one coin. Bad news: it's lost about half its value. Colin explains why, and the challenges ahead, including looming regulation. by POLITICO Money

31 min listen

Chuck Schumer on negotiating with Trump, renominating Yellen and baseball heartbreaks: Senate Minority Leader Chuck Schumer has an odd-couple friendship of sorts with President Donald Trump. But the Senate minority leader says it's a purely transactional relationship and Democrats won’t cut any more deals with the White House on taxes or anything else until Trump's Republicans-only approach fails. by POLITICO Money

30 min listen

Former Treasury Secretary Jack Lew: 'The world is on the edge right now': Former Obama Chief of Staff and Treasury Secretary Jack Lew discusses the Trump administration's "luck" this far, the stock market's resilience to global threats, and how he raised spirits in the White House following Hillary Clinton's 2016 loss. by POLITICO Money

41 min listen

Sallie Krawcheck on why Wall Street hasn't had its "Me Too" moment: Former top executive at Citigroup and current CEO of Ellevest Sallie Krawcheck has some ideas for why the testosterone-fueled world of Wall Street has not yet had a 'Me Too' moment. Sallie also discusses combating "mansplaining" and how financial independence impacts women's politics. by POLITICO Money

36 min listen

Ask Ben Anything: Will there be a trade war?: In this edition of Ask Ben Anything: trade, tariffs, beer cans... he answers it all. Host Ben White tackles listener-submitted questions on the tariff talks taking over economic news this week, and reveals his deep knowledge of a specific Star Wars movie (not the one you'd expect) at the same time. by POLITICO Money

23 min listen

Do we have amnesia, or is it time to tweak Dodd-Frank?: Ten years after the financial crisis, Congress is talking about relaxing some aspects of Dodd-Frank. But one person's "tweak" is another person's "Are you nuts?" by POLITICO Money

28 min listen

Mark Meadows on frustrations of being a deficit hawk on the Hill: House Freedom Caucus Chairman Mark Meadows joins POLITICO Money to discuss being a fiscally conservative stronghold in the midst of exploding deficits and rising debt. Meadows also speaks out against the White House's handling of the Rob Porter scandal and explains why the House should take the lead of immigration. Meadows is undoubtedly frustrated. But he won't overthrow the House leadership ... not yet, at least. by POLITICO Money

35 min listen

Facebook faces regulation questions in wake of Cambridge Analytica: This week, Ben unpacks the personal data questions swirling around the Cambridge Analytica scandal and examines what kind of government regulation could prevent privacy violations going forward. David Kirkpatrick, author of "The Facebook Effect," discusses how this data leak happened and how the company is responding to the crisis. POLITICO tech reporter Nancy Scola also joins the show to talk regulation options and how heavy governance could impact the targeted advertising business. by POLITICO Money

32 min listen

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What the Trump team was doing during the financial crisis

What the Trump team was doing during the financial crisis

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