Jerome Powell is the chairman of the Federal Reserve.

Some of the best economic analysts in the world report to you, and I wonder what they're telling you the height of unemployment will be.

There will be more layoffs probably this month and next month.

And your people are projecting what, 20%, 25%, those numbers sound about right for what the

peak may be. How does the chairman imagine the country recovers from that? That's our story tonight.

To me, he's nothing more than a really disgruntled, unhappy person.

The president called you a disgruntled employee.

I am not disgruntled.

I am frustrated at the lack of leadership.

I am frustrated at a lack of leadership. I am frustrated at a lack of urgency.

I'm frustrated at our inability to be heard as scientists.

Those things frustrate me.

The physical world still is in charge.

I've spent, you know, 30 years trying to get people to understand that physics and chemistry

matter, that you can't spin them.

They don't negotiate.

Looking back, Mother Earth was starting to clear her throat and make herself hurried.

Bushfires, floods, droughts, and the highest temperatures since records began.

And then, a pandemic, bringing with it the tragic loss of 300,000 lives worldwide and

count of.

I'm Leslie Stahl.

I'm Bill Whitaker.

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