A Fed Chair & Treasury Secretary: Janet Yellen 8/8/25
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 8 August 2025
⏱️ 23 minutes
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| 0:00.0 | To me, this was a temper tantrum being thrown by a president who doesn't like what the statistics |
| 0:12.9 | say about the performance of the economy. |
| 0:16.6 | Janet Yellen, the only person to have served as both Treasury Secretary and Federal Reserve |
| 0:21.9 | Chair in Colorado with a gathering of economists and former secretaries to tackle the biggest |
| 0:26.9 | issues of our time, like tariffs. |
| 0:29.4 | We're likely to end up with average tariff levels somewhere in the 15 to 20 percent |
| 0:35.4 | range, which is really going back to Squatolle since the 1930s. |
| 0:42.0 | The first female Fed Chair's extended interview with Andrew Ross Sork and on the future of America's |
| 0:47.5 | interest rate policy. |
| 0:49.6 | Some adjustments of the funds rate are more likely in light of the data. |
| 0:55.5 | So you think this year? |
| 0:56.5 | Yeah, I think it's more likely, but it hinges on what else we see about the economy |
| 1:01.4 | and the months ahead. |
| 1:03.3 | And the pressure the White House is putting on offices that have long been celebrated |
| 1:07.8 | for their political neutrality. |
| 1:09.9 | By making the choice so political, I think President Trump is creating a problem for whoever is |
| 1:19.0 | tapped to fill this job. |
| 1:21.4 | I'm CNBC producer Katie Kramer. |
| 1:23.7 | Squawk Pod reports from the Aspen Economic Strategy Group Forum with Janet Yellen begins right now. |
| 1:33.6 | In the past two weeks, President Trump has heightened his pressure on Federal Reserve Chair, Jerome Powell, who has yet to cut interest |
| 1:44.8 | rates this year, celebrated the resignation of Federal Reserve Governor, Adriana Coogler, and |
| 1:49.5 | outright fired the Commissioner of the Bureau of Labor Statistics, Erica McIntyre. |
... |
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