Fed Pick News Today : Breaking News, Live Updates & Top Stories | Vimarsana

More liberal pick. but this -- he knows -- i think the president knows that this inflation could ruin everything that he wants to get done. and by the way, that list includes many of the things that the progressive wing of the democratic party wants very, very badly. >> yeah. >> i think this was a good move, init was a smart and strong move. >> steve, i of course watch these things and i am always thinking about the right's attempt to caricature this president. there is a constant attempt to care kature him as a hostage of the far left and he continues to blow up attempts to fit him into any m...

That, jason, and it is true. and i -- i wonder your thoughts on the pick. and i wonder your thoughts on this idea that biden's sort of dna is about this memory of bipartisanship. there aren't a lot of opportunities to make that a reality. in fact, the republicans that cooperated with him on infrastructure are being targeted with threats of violence. that is the reality. bipartisanship as a sort of practical matter is a now potentially life threatening endeavor for republicans. what do you make in that context of the pick? and if you have any reaction to steve's point about hardening the infras...

Is important, especially now, in such a politically divided nation. >> president biden this afternoon announcing his nomination of jerome powell for a second term as federal reserve chair for a largely bipartisan pick but against pressure from progressives within his own party to not keep the republican trump appointee. biden stressing how powell's steady and decisive leadership has led to economic recovery over the last ten months, that continuity in the role will serve economy and keep inflation and prices low 12k3 stable, tasks that carry all the more weight ahead of next year's mid terms. ...

Voters. he's trying to get them to carve off from the democrats. so what is his biggest election play? it's got to be the economy. all right. now the idea that it could be fragile, that it may not be as good as he says, that he may have to juice it and we may we running out of tools to do so. what is his best case to you that this economy should carry him home for four more years? his former fed pick, mr. stephen moore, is here to make the case. next. i work hard to protect this tookus. to take care of any messy situations. and put irritation in its place. and if i can get comfortable keeping ...

He should get credit if the news is good as long as the good news lasts. part of what he is trying to do in terms of his fed pick and the push they are aiming for the end of the year is reverse them. if they hold a reverse could be a big political problem for him. the fed pick is meant to be continuity by janet yellin and also a republican. it is meant for purposes of stability. all the chips now are in on the tax reform. that's why we thought if that stumbles, they want to get it done by the end of the year for this reason. so the krams about the economic stress and him getting credit for it,...