Recapping Mike News Today

Of a chess player he said and then later in the discussion back and forth with reporters that are so familiar, he implied he wouldnt mind if jay powell stepped down but here is the interesting part of this, steve. he seemed to acknowledge that there is really nothing he can do to remove jay powell as the chair man of the federal reserve, of course, he appointed him last year to a four-year term. the chairman is supposed to be insulated from these political back and forth and in fact, he is in te...

Into a scenario, japan and south korea are having a friday despite and separate income a meaningful way. we have a lot of flash points around the world in which we might start to see competitive currency devaluation that could reek havoc in global financial markets if china were to rapidly develop currency and in retaliation of moves. that could cause problems that are difficult for the federal reserve to deal with. >> mike was there. there was some suspension whether the president was going to ...

Control of its -- of the operations it under takes, may knuckle under to presidential pressure and that is a real economic policy problem down the road, one the president certainly hasnt given much thought to. >> we mentioned the president is now wrapped up talking to reporters again on his way over to washington. we are turning the tape around but also mike is joining us now, i believe, from the white house he was there as the president talked. he asked questions, mike, take it away. what are t...

He wouldnt mind if jay powell stepped down but here is the interesting part of this, steve. he seemed to acknowledge that there is really nothing he can do to remove jay powell as the chair man of the federal reserve, of course, he appointed him last year to a four-year term. the chairman is supposed to be insulated from these political back and forth and in fact, he is in terms of trying to fire him. one final thing on justice ginsburg, he said he wished her well in the wake of the news about h...

Meaningful way. we have a lot of flash points around the world in which we might start to see competitive currency devaluation that could reek havoc in global financial markets if china were to rapidly develop currency and in retaliation of moves. that could cause problems that are difficult for the federal reserve to deal with. >> mike was there. there was some suspension whether the president was going to talk to the press i think sometimes for late night exits from the white house thats not a...

Road, one the president certainly hasnt given much thought to. >> we mentioned the president is now wrapped up talking to reporters again on his way over to washington. we are turning the tape around but also mike is joining us now, i believe, from the white house he was there as the president talked. he asked questions, mike, take it away. what are the highlights? >> the president is now on his way to andrews air force joint base in suburban maryland and spoke with reporters for about 15 minute...