April 23, 2025: The White House tries to calm the markets
The Playbook Podcast
POLITICO
3.9 • 699 Ratings
🗓️ 23 April 2025
⏱️ 11 minutes
🧾️ Download transcript
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| 0:00.0 | Presented by BP. |
| 0:07.1 | Hello, good morning, everyone. |
| 0:08.6 | This is Playbook's Daily Briefing, and this is Playbook's managing editor and author Jack Blanchard. |
| 0:13.6 | One of my colleagues told me yesterday morning that having heard this new podcast, |
| 0:16.9 | Lynn needs to be pronouncing my name wrong for the last three months. |
| 0:19.0 | So there you go, Dasher. |
| 0:20.3 | There's a purpose to this podcast already. Hey, someone's listening. Right, exactly. Anyway, it is Wednesday, April the 23rd. Good morning. I'm here. As you can hear with Politico's White House bureau chief, Dashabirds, talk about everything that is driving the day. How are you, Dasha? I saw you all over my TV yesterday at the White House Daily briefing. How was that? Eventful as always. But it looked like it. You seem to have most of the questions locked up yourself. I want to briefly run people through what's happening today and then we can talk about the biggest issues. Scott Besson, the Treasury Secretary, is making a speech at 10 o'clock this morning in what I believe to be an attempt to calm the markets after the storm |
| 0:54.9 | of the last few weeks. We've seen quite a lot of that yesterday and we'll get into that in a minute. |
| 0:59.2 | Dash are about efforts by the White House to try and calm things down a bit on the economy front. |
| 1:04.2 | Over in London, my hometown, or my adopted hometown, my friends from Stockport wouldn't like me saying that. |
| 1:09.6 | But anyway, this is your home now. Yeah, I know. I know. I'm still trying to remember that. I'm still trying to remember that. Secretary of State, Marco Rubio, was meant to be in London today for a big Ukraine peace talk. He has pulled out of that, which is significant in itself. But other significant people will be there, leaders of France and the UK and Ukraine will be there. There's been lots of news today, lots of news yesterday, I should say, about Donald Trump's attempts to try and broker some sort of peace deal with Vladimir Putin and beat Exeth, who's been in the news all week. He'll be delivering remarks this morning at a US Army War College in Pennsylvania, about half-past nine where I suspect he is trying to show that he is getting on with a job and, you know, really like not bothered at all by all the year. |
| 1:49.3 | And exactly, exactly, nothing to see here. So loads happening today. |
| 1:54.1 | Dasha, I want to focus on the economy, though, because it's such a big story and it was really |
| 1:58.5 | striking to me yesterday. Just how much effort we suddenly saw |
| 2:02.6 | from the White House to try and say things and get messaging out that might try and calm the |
| 2:08.2 | market. Do you think that's kind of where they're at now? |
| 2:10.9 | This was one of the questions I asked Caroline Levitt, the press secretary in the briefing room. |
| 2:15.7 | I asked, when are we going to see a deal? |
| 2:18.0 | You know, Peter Navarro said, you could do 90 deals in 90 days, no problem. We've yet to see one. |
| 2:24.1 | She said we would see something soon. She did say that there were 18 proposals in front of the White House at the moment that they were in negotiations with 30 plus countries at the moment. |
| 2:34.5 | And she touted what was announced by Vance in India, which seemed to be kind of like an agreement that they would agree. |
| 2:44.6 | This is the challenge for Wall Street right now is they're like, okay, listen, we're going to give him the space, but they're not going to wait around forever. Certainly the market's not, but even like the businesses that are that are standing behind the White House right now, they want to see some tangibles here and some real progress. That's not just the White House saying there's progress, but a framework, right, for other countries too to be able to come and say, oh, okay, so this is the |
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