Economic Recovery in the Aftermath of COVID-19, with Dallas Fed President Robert Kaplan

Hold These Truths with Dan Crenshaw

Dan Crenshaw

Politics, Energy, Healthcare, News, World, Society & Culture, Regulations, Finance, America, Freedom

4.6 • 16K Ratings

🗓️ 22 May 2020

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Robert Kaplan is the President and CEO of the Federal Reserve Bank of Dallas. We’ve heard a lot about the Federal Reserve in the news lately, but what exactly is the purpose of America’s central bank? How has their mission changed since COVID-19 and the shutdown wrecked havoc on the economy? Robert joined Dan to give listeners a practical understanding of the Fed’s role in the financial system, and the pathway to economic recovery.

Follow Robert Kaplan on Twitter at @RobSKaplan.

Transcript

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0:00.0	We hold these truths to be self-evident.
0:02.0	That all men are created.
0:04.0	As a member of Congress, I get to have a lot of really interesting people in the office.
0:07.2	Experts on what they're talking about.
0:08.8	This is the podcast for insights into the issues.
0:11.6	China, bio-terrorism, Medicare for all, in-depth discussions.
0:16.0	Breaking it down into simple terms.
0:18.0	We hold these truths with Dan Crenshaw.
0:24.0	Welcome back everybody. We've got a great episode today.
0:26.4	We're going to talk about the unique role of the Federal Reserve in dealing with the coronavirus pandemic.
0:31.2	We're also going to find out what the heck the Federal Reserve is.
0:34.0	Because let's be honest, it's not exactly clear to everybody.
0:37.2	And to help us with that conversation, I have here have Robert Kaplan.
0:41.6	Thank you so much for being on the show, Robert.
0:43.2	Thank you, Congressman. Thanks for having me.
0:45.6	And you are the Dallas Federal Reserve President.
0:49.4	You've been CEO of the Federal Reserve Bank of Dallas since 2015.
0:53.2	You represent the 11th Federal Reserve District on the Federal Open Market Committee in the formulation
0:58.0	that which formulates US monetary policy.
1:00.0	And oversees 1200 employees at the Dallas Fed that not small at all.
1:05.2	You were previously a professor and associate dean at the Harvard Business School.
1:08.8	You've authored several books.
	...

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