Bloomberg Surveillance TV: July 2, 2025
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 2 July 2025
⏱️ 33 minutes
🧾️ Download transcript
Summary
- Kevin McCarthy, former Speaker of the US House of Representatives
- Jeetu Patel, Chief Product Officer at Cisco
- Wei Li, Global Chief Investment Strategist at BlackRock
- Joe Lavorgna, Counselor to Secretary at the Treasury Department
Kevin McCarthy, former Speaker of the US House of Representatives, joins to discuss President Trump's signature tax bill heading back to the House and what challenges current Speaker Mike Johnson faces and he aims for Republican solidarity in passing the bill. Jeetu Patel, Chief Product Officer at Cisco, discusses the latest developments from the company's offerings and its outlook in the coming years. Wei Li, Global Chief Investment Strategist at BlackRock, talks about her second half equity and economic outlook. Joe Lavorgna, Counselor to Secretary at the Treasury Department, discuses President Trump's tax bill and economic agenda as the July 9 tariff deadline looms.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.2 | A warming planet, complex geopolitics and fierce competition means business operations are under more scrutiny than ever before. |
| 0:13.0 | Returning to Singapore this July, the Bloomberg Sustainable Business Summit is uniting leaders and investors |
| 0:19.1 | to explore how sustainability efforts can bolster resilience |
| 0:22.9 | and mitigate risk. Learn more at Bloomberglive.com slash SBS-SBS-Singapore. That's Bloomberg |
| 0:29.7 | live.com slash SBS-Sys Singapore. Bloomberg Audio Studios. |
| 0:39.0 | Podcasts, Radio News. |
| 0:45.5 | This is the Bloomberg Surveillance Podcasts, |
| 0:48.4 | I'm Jonathan Ferro, along with Lisa Abramwitz and Anne-Marie Hordern. |
| 0:52.1 | Join us each day for insight from the best in markets, |
| 0:55.0 | economics and geopolitics. From our global headquarters in New York City, we are live on Bloomberg |
| 0:59.9 | Television weekday mornings from 6 to 9 a.m. Eastern. Subscribe to the podcast on Apple, Spotify, |
| 1:05.5 | or anywhere else you listen. And as always, on the Bloomberg Terminal and the Bloomberg Business |
| 1:09.8 | app. Joining us now, a man with experience of all of this, the former Speaker of the House, Kevin McCarthy. |
| 1:14.9 | Speaker McCarthy, welcome back to the program, sir. |
| 1:17.0 | It's good to get your thoughts. |
| 1:18.1 | I want to lead with a question that Anne-Marie asked a little bit earlier on the program. |
| 1:21.8 | When you're herding cats on Capitol Hill, is it easier or harder when the President of the United States is Donald Trump? |
| 1:29.3 | Oh, it's so much easier. President Trump is stronger today than he was at any time in his political career. |
| 1:35.5 | President Trump is stronger in the House. Remember, just to get this bill out of the House, |
| 1:39.7 | they all said they weren't going to vote for it. President Trump came down to a conference, told both sides from Salt, it's over. |
| 1:45.6 | From the Freedom Caucus, that's over. |
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