Virgin Fed News Today

simply saying we have no more shelters, spaces or resources. and new york city mayor eric adams blaming both sides in washington for the crisis. >> it is the irresponsibility of the republican party in washington for refusing to do the real immigration reform, and its the irresponsibility of the white house for not addressing this problem. paul: lets bring in our panel, columnists dan dan henninger kim strassel and editorial board member kyle peterson. so, dan, what kind of a surge do ...

Now over 5% for its benchmark rate. was it the right thing to do amid all of these financial bank problems? >> well, i think narrowly in the environment were in theyre doing it to stem the risk of inflation but, paul, we have to the take a bigger step back and understand the federal reserves policies have been disastrous over the last 25 years. trying to hit two targets with one arrow, inflation and unemployment, proving disastrous at both over a 25 the-year time horizon. i think the right answe...

Principle that the benefits of dollar stability vastly outweigh those fringe risks. paul: what about your response to those who say, you know what? youre just meddling with the independence of the federal reserve. theyre supposed on the independent of politics, independent of the political branches. >> well, briefly what i would say is politics isnt the only thing that can capture an institution. managerial bureaucracy can too, a bunch of rogue bureaucrats in the late 90s kid the same thing. wha...

My main message to americans is stop playing financial god, stabilize the dollar, good things will happen with the economy. paul: you know the fed has by statute a dual mandate, unemployment and stable prizes. are you saying that the congress should repeal the unemployment mandate? >> i would favor legislative reform. but in the meantime, its had that dual mandate even as long as you have had fed governors and even chairmen in the past who have still understood the importance of dollar stability...

Border crisis. paul: thanks, khan. when we come back, vivek ramaswamy takes on the fed. well talk to the gop presidential candidate about the latest interest rate hike and what role the central bank should play in the american t economy. ♪o emaupts ♪ despite treatment it disrupts my skin with itch. it disrupts my skin with rash. but now, i can disrupt eczema with rinvoq. rinvoq is not a steroid, topical, or injection. its one pill, once a day. many taking rinvoq saw clear or almost-clear ski...