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The Playbook Podcast

Mar. 16, 2023: Yellen gears up for a Senate grilling

The Playbook Podcast

POLITICO

Daily News, Politics, Government, News

4.2614 Ratings

🗓️ 16 March 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

All eyes will be on Treasury Secretary Janet Yellen today as she testifies before the Senate Finance Committee at 10 a.m..  Yellen’s appearance was originally scheduled to discuss the Biden budget. But after the weekend rescue of Silicon Valley Bank, this will be senators’ first chance to cross-examine Yellen about the controversial actions she took on Sunday in concert with her colleagues at the Fed and FDIC. Not everything will be about SVB, but the Biden team’s response to the bank failures will dominate the meeting. And she is likely to feel the populist outrage bubbling up in Congress from both Democrats and Republicans.  Subscribe to the POLITICO Playbook newsletter Raghu Manavalan is the host and senior editor of POLITICO's Playbook Daily Briefing.Jenny Ament is the executive producer of POLITICO Audio

Transcript

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0:00.0

Presented by TikTok.

0:02.0

Hey there, Playbookers. I'm Raghuman Ovalin.

0:06.0

Marianne Williamson's treatment of her staff plus Janet Yellen heads to the Senate.

0:12.0

Here are the big things we're watching on Thursday, March 16th.

0:16.0

Politico's, Lauren Egan, has a blockbuster story out this morning on Marianne Williamson's

0:22.7

treatment of her staff, which finds that on her 2020 campaign, the Democrat demonstrated

0:28.9

unpredictable, explosive episodes of anger, quite at odds with her spiritually sanguine public persona.

0:36.9

Staffers told Egan that Williamson could be cruel

0:39.7

and demeaning, far beyond the typical stress of a grueling presidential cycle. It would be foaming,

0:46.8

spitting, uncontrollable rage, one person says, and could be sparked by something as simple

0:52.4

as a hotel room having a shower instead of a bathtub.

0:56.4

She threw her phone, hit a car so hard she had to go to urgent care, and erupted so loudly that hotel staff checked in multiple times.

1:04.7

Former staffers also recall her mocking people's weight.

1:08.9

In response, Williamson calls the allegations slanderous

1:12.5

categorically untrue and an attempt to deflect attention from the important issues facing

1:18.6

the American people. All eyes will be on Treasury Secretary Janet Yellen today, as she

1:27.3

testifies before the Senate Finance Committee at 10 a.m.

1:31.3

Yellen's appearance was originally scheduled to discuss the Biden budget.

1:35.9

But after the weekend rescue of Silicon Valley Bank, this will be Senator's first chance to cross-examine Yellen about the controversial actions she took on Sunday

1:45.8

in concert with their colleagues at the Fed and FDIC.

1:49.9

Here's the thing, though, not everything will be about SBB.

1:53.6

Senator Bob Casey is preparing to ask her about when Treasury will finalize the rules

...

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