Former Treasury Secretary Jack Lew: 'The world is on the edge right now'

FromPOLITICO Money

Start listening View podcast show

Former Treasury Secretary Jack Lew: 'The world is on the edge right now'

FromPOLITICO Money

ratings:

Length:

41 minutes

Released:

Jan 10, 2018

Format:

Podcast episode

Description

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.

Released:

Jan 10, 2018

Format:

Podcast episode

Titles in the series (100)

Meet at the intersection of Washington and Wall Street with the most influential minds on the economy. Every Wednesday, Ben White and the POLITICO team will help you understand the economic and financial policies that move markets in the U.S. and around the world.

Skip carousel

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
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
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
Senator Tom Carper on infrastructure funding, Amtrak improvements and the Detroit Tigers: Top Democrat on the Senate Environment and Public Works Committee Senator Tom Carper discusses the crumbling state of infrastructure in the country and how much the Trump administration is reportedly willing to spend to make necessary improvements. Carper also talks about his daily Amtrak commute, why he's loved the Detroit Tigers since he was a child ,and his trusty mini-van with over 400,000 miles on it. 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
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
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
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
A user's guide to Larry Kudlow: POLITICO White House reporter Nancy Cook joins Ben White to talk about the interview they had with Larry Kudlow, the Director of the United States National Economic Council as he transitions into working for the Trump administration. by POLITICO Money
23 min listen
Top 5 Money moments from State of the Union: Ben White breaks down the top money takeaways from President Trump's 2018 State of the Union address. Ben dissects the infrastructure, tax and trade points, and analyzes how the assertions with play with Democrats, fact checks claims, and discusses Trump's "Morning in America" moment. by POLITICO Money
24 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
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
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
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
Kevin Warsh on what it's like to interview for Fed Chair with Trump: Former senior economic adviser to President Bush and current Hoover fellow Kevin Warsh was in the running to become the next Federal Reserve chairman in 2017. Warsh shares insights from his interview with President Trump for the job, his take on interest rates, the state of the Republican Party and job growth. by POLITICO Money
40 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
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
Trump channels Richard Nixon on the Fed: President Trump's recent criticism of the Federal Reserve is totally precedented. Politico's Victoria Guida joins Ben White to explain the danger in political meddling on monetary policy. by POLITICO Money
28 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
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
What the Trump team was doing during the financial crisis: Andrew Ross Sorkin, a financial columnist at the New York Times and author of “Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System — and Themselves,” talks with POLITICO’s Ben White about how close the financial system came to collapse, and how it felt to have a front-row seat. POLITICO's Victoria Guida explains how as the financial crisis shook the nation, Trump's team saw a payoff. by POLITICO Money
30 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
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
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
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
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
Sen. Warner on punching your friends in the nose: Sen. Mark Warner (D-Va.) takes the Trump administration to task on trade, describing a "punch your friends in the nose" approach that could hurt jobs and rile markets. He also updates Politico's Ben White on efforts to block the Commerce Department's plan to throw a lifeline to China's ZTE. But most importantly, he reports on the size of the crowds celebrating the Stanley Cup outside his office. by POLITICO Money
27 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
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

More Episodes from POLITICO Money

Skip carousel

The edge of legalization, Part Two: Ripe for corruption: By making local officials the gatekeepers for million-dollar businesses, states have unintentionally created a breeding ground for bribery and favoritism. POLITICO's Mona Zhang reports. This episode is the second in a two-part series on the unintended consequences of marijuana legalization laws. (This episode of "POLITICO Dispatch" aired May 4, 2021.) by POLITICO Money
12 min listen
The edge of legalization, Part One: Border Weed: Welcome to Ontario, Oregon, home of the tater tot — and now, a massive marijuana market for customers crossing the Idaho border. POLITICO's Natalie Fertig explains how the tiny town border town of 11,000 people became one of America's cannabis capitals — and what it means for other towns as weed legalization spreads. This episode is the first in a two-part series on the unintended consequences of marijuana legalization laws. (This episode of "POLITICO Dispatch" aired May 3, 2021.) by POLITICO Money
15 min listen
Bonus: The Senators at the center of the 50-50 split: “If we miss this opportunity, God help us.” Joe Manchin and Lisa Murkowski. Two moderate senators smack in the middle — and on either side — of a split 50-50 Senate. On our first episode of Playbook Deep Dive, the two friends open up in a rare interview with POLITICO’s Burgess Everett. They get personal: about reconciliation, frustration over the Senate’s hurdles — even why Murkowski hogs the best fishing holes. And Manchin reveals a major endorsement, heard first on this show. Subscribe to our new weekly politics show, Playbook Deep Dive, wherever you listen to podcasts. by POLITICO Money
28 min listen
Sponsored Content: How Covid-19 accelerated the future of work by POLITICO Money
31 min listen
Presenting "Nerdcast": The page who took down the GOP by POLITICO Money
30 min listen
"I haven't been able to get this moment out of my head" by POLITICO Money
26 min listen
Cures for an Ailing Labor Market by POLITICO Money
28 min listen
Sponsored Content: Greening the Global Economy by POLITICO Money
36 min listen
Digging for Solutions: Securing Minerals for Green Energy by POLITICO Money
34 min listen
Why green energy means mining: the case of cobalt by POLITICO Money
28 min listen
Global Translations, Ep. 5: Critical Minerals: The next dirty fight over clean energy by POLITICO Money
24 min listen
Global Translations, Ep. 3: by POLITICO Money
36 min listen
Global Translations, Ep. 2: Can we make enough vaccine? by POLITICO Money
36 min listen
Introducing... Global Translations: The supply chain tug-of-war by POLITICO Money
37 min listen
How Trump might approach the economy if he wins reelection by POLITICO Money
48 min listen
How Biden might approach the economy if he wins by POLITICO Money
38 min listen
Clocking in for a Comeback by POLITICO Money
31 min listen
Senator Tim Scott on civil unrest and the hurting economy by POLITICO Money
20 min listen
Rep. Andy Kim on public health vs. a healthy economy by POLITICO Money
31 min listen
Sen. Ben Cardin on where the stimulus money is really going by POLITICO Money
23 min listen
Nasdaq's CEO on capitalism amid coronavirus by POLITICO Money
36 min listen
Ben White’s mom explains negative interest rates: Today's episode is a doozy: negative interest rates. Do you understand them? Don't lie. (But good for you if you do.) Why would savers pay interest to park their money in bonds...and what impact does this have on the economy? On the last episode of this miniseries, Ben White calls his mom, Ann White, and puts her to the test. by POLITICO Money
17 min listen
Ben White’s mom explains Trump’s trade war: Do you understand Trump’s trade war? On this episode, Ben White calls his mom, Ann White, and puts her to the test on the president’s positioning – around markets, farmer bailouts and China talks. by POLITICO Money
14 min listen
Ben White’s mom explains the wealth tax: The concept of a wealth tax has been a major point of discussion in the democratic presidential campaigns. But if someone asked you to explain how a wealth tax would be implemented ... could you? On this episode, Ben White calls his mom, Ann White, and puts her to the test. by POLITICO Money
15 min listen
Baby Bust: The millennial presidential candidate: Pete Buttigieg, the South Bend (Ind.) mayor, is running for president as a millennial alternative to older candidates as well as more of a centrist who wants to take on structural problems left by the boomers — but not in ways that send deficits and debt into the stratosphere. by POLITICO Money
27 min listen
Baby Bust: That time boomers tried to do a Grand Bargain for the future and it all went bust.: The brief bipartisan moment when it seemed like some real change might happen vanished as quickly as it appeared. by POLITICO Money
31 min listen
Baby Bust: Don't blame the boomers for everything (just most things): The man who coined the word "millennial" makes his best defense of the Baby Boomers. But does Ben White buy it? by POLITICO Money
25 min listen
Baby Bust: How the boomers broke America: This is the year that millennials will outnumber baby boomers in America. With a new generation ascendant and an old one firmly gripping to power, what will happen to fundamental tenets of the American safety net? Will entitlements like Social Security and Medicare still be there for generations that come after the Boomers? Will Millennials experience retirement as we know it today? Ben White, an unrepentant Gen-X’er, has some pointed questions for Boomers about the economic legacy they’re leaving him and younger generations. by POLITICO Money
24 min listen
Saving Lives with Data: Healthcare is a big topic at the UNGA this week, and on this episode of our special UN series, we speak with over a dozen UN attendees, including world leaders, about how they’re tackling the issue. by POLITICO Money
6 min listen
Pods of pollution at the UN: This week at the UNGA mayors and reps from local and regional governments discussed how they're implementing the UN's Sustainable Development Goals. How big of an impact could they have? by POLITICO Money
9 min listen

Related podcast episodes

Skip carousel

Vilifying Wall Street Is a Big Mistake, Mary Jo White Says: Vilifying Wall Street Is a Big Mistake, Mary Jo White Says by Bloomberg Surveillance
44 min listen
Encore: Bill Cohan On Trump's Stock Scams by The Bob Cesca Show
45 min listen
Sound On: Jobs Report Reaction, Taxes (Radio) by Balance of Power
38 min listen
Sound On: Recession Threat, Biden-Xi Talks, Sanctions by Balance of Power
37 min listen
US oil boom boosts GDP, but are high prices needed to avoid a recession?: On this week’s Platts Capitol Crude, we look at the impact of the US shale boom on the US economy as the Trump administration continues to push the narrative that a recession is not imminent. Mine Yucel and Michael Plante with the Federal Reserve Bank by Capitol Crude: The US Energy Policy Podcast
11 min listen
The Impeachment Can Of Worms by Balance of Power
42 min listen
Sound On: Senate Hearing on Bank Failures by Balance of Power
32 min listen
Austan Goolsbee: Trump's Fed tweet raises alarm bells: Former top Obama economic adviser Austan Goolsbee joins POLITICO Money to discuss President Trump potentially putting political pressure on the Federal Reserve. Goolsbee also reflects back on his own experiences in the Obama administration, especially leaving the White House on the day in 2011 when Standard & Poor’s downgraded U.S. debt for the first time ever in the midst of a bitter debt limit crisis. by POLITICO Money
36 min listen
Donald Trump Slams 'Lowlife' John Kelly for Confirming Reports That Ex-Prez Referred to Dead US Service Members as 'Suckers' by Fresh Intelligence
3 min listen
Roger Garside On China Fragility, Coup Risks, and US Policy: Roger is a former diplomat, development banker, and capital market development advisor, who twice served in the British Embassy in Beijing, and is the author of the highly acclaimed Coming Alive: China After Mao, which explained how Deng Xiaoping won... by Macro Hive Conversations With Bilal Hafeez
59 min listen
Pod Save America's Tommy Vietor: Tommy Vietor, former spokesperson for President Obama and the US National Security Council turned Podcaster (Pod Save America) joins co-hosts Michael Isikoff and Daniel Klaidman. They discuss Trump's comments about excepting political dir... by Skullduggery
66 min listen
6 PM ET: Trump testifies, hostage talks latest, Apple’s sweeping changes & more by CNN 5 Things
6 min listen
60 Minutes 2/20/22 by 60 Minutes
42 min listen
Super Tuesday aftermath by Make Me Smart
16 min listen
Why Markets are Crazy to Ignore the Risks of a Trade War by What'd You Miss This Week
27 min listen
How the Weaponization of the Dollar Changed the World with Saleha Mohsin by Open Book with Anthony Scaramucci
34 min listen
Felix Salmon on Bloomberg, Wall Street, Michael Milken, and the 2020 Campaigns. Plus the Latest WaPo Op-eds: Financial journalist Felix Salmon, of Axios, joins the show to discuss Trump's pardon of Michael Milken, Bloomberg's history on Wall Street, the 2020 election and more. by Useful Idiots with Katie Halper and Aaron Maté
112 min listen
SQUAWK BOX, TUESDAY 16TH JANUARY, 2024 by Squawk Box Europe Express
26 min listen
The Stakes: The American Monarchy?: In this special edition of The American Mind Podcast, Michael Anton, former Trump official and senior fellow at the Claremont Institute, is joined by Curtis Yarvin, formerly “Mencius Moldbug” of the successful blog “Unqualified Reservations.”... by The American Mind
118 min listen
How President Trump stacks up against former presidents when it comes to the economy: President Trump’s protectionist trade agenda has economists worried about a downturn. But for now, the economy is robust. Alexis Christoforous sits down with Yahoo Finance Senior Columnist Rick Newman who has been tracking the performance of the Trump ... by Yahoo Finance Presents
20 min listen
Sound On: OPEC+ Surprise, Trump Heads to NY by Balance of Power
36 min listen
Sound On: Congress Agenda, Afghan Evacuation by Balance of Power
39 min listen
Jonathan Karl, Author of "Front Row at the Trump Show": Jonathan Karl, Author of "Front Row at the Trump Show" by After Words
65 min listen
Lina Khan: The woman taking on big tech billionaires: The antitrust cases against Amazon, Apple, Google and Meta by The Global Story
27 min listen
Bloomberg Wall Street Week: Keating, Feeney, Drexler by Wall Street Week
32 min listen
Complications remain for ill-fated ship that caused Baltimore bridge collapse by The Excerpt
12 min listen
C-SPAN Radio Podcast - Dana Milbank on the Trump White House by C-SPAN's The Weekly
25 min listen
368 | Thom Shanker: Welcome to the Age of Danger - New Superpowers, New Weapons, and New Threats: Thom Shanker, Director of the Project for Media and National Security, co-author (with Andrew Hoehn) of Age of Danger: Keeping America Safe in an Era of New Superpowers, New Weapons, and New Threats, and a former National Security/Foreign Policy Editor at the New York Times, joins The Realignment. Thom and Marshall discuss the major threats to U.S. national security in the 2020s and beyond, what distinguishes the "Age of Danger" from the War on Terror, the opportunities and perils facing defense reformers, and whether the Pentagon's trillion dollar-plus budget is well spent. by The Realignment
56 min listen
SQUAWK BOX, MONDAY 25TH MARCH, 2019 by Squawk Box Europe Express
26 min listen
Big Take DC: Economists May Be Using Bad Data to Make Big Decisions by Odd Lots
17 min listen

Discover this podcast and so much more

Former Treasury Secretary Jack Lew: 'The world is on the edge right now'

Former Treasury Secretary Jack Lew: 'The world is on the edge right now'

Description

Titles in the series (100)

More Episodes from POLITICO Money

Related podcast episodes