28 min listen
A Warning for the Fed, A Chemo Shortage, & JPM’s $290m Settlement 6/12/23
FromSquawk Pod
ratings:
Length:
29 minutes
Released:
Jun 12, 2023
Format:
Podcast episode
Description
On the eve of the Federal Reserve’s next interest rate decision, former Fed Governor Kevin Warsh, a veteran of the 2008 crisis, offers a warning to the central bank and the markets: the banking troubles may not be over yet. In his WSJ op-ed, he urges the Fed and investors to find some “risk management.” Nearly all of the country’s cancer centers have reported a chemotherapy shortage. Former FDA Commissioner Dr. Scott Gottlieb explains the regulatory and manufacturing issues that have led to the backup, and offers systemic solutions to keep care coming to cancer patients. Plus, Illumina has announced a CEO transition plan, Goldman Sachs has lowered its oil price outlook, and JPMorgan has reached a settlement with survivors of Jeffrey Epstein’s abuse. In this episode:Dr. Scott Gottlieb, @ScottGottliebMDEamon Javers, @EamonJaversJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Jun 12, 2023
Format:
Podcast episode
Titles in the series (100)
Unemployment Hits 14.7%; Uber CEO Navigating a Crisis: The historic April jobs report from the U.S. Labor Department revealed the highest level of unemployment since the Great Depression. Market historian and UPenn Wharton Professor Jeremy Siegel shares some context for these numbers, as well as his projections for America post-Covid. Plus, Uber CEO Dara Khosrowshahi explains his plan to support and protect drivers providing essential services during the crisis. by Squawk Pod