Mark interviews Fox News contributor Liz Peek.

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3 • 696 Ratings

🗓️ 18 March 2026

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Liz makes the case for why the Fed should seriously consider lowering interest rates, noting that current inflation numbers may not support maintaining the current rates. She also points out that very few voices on the right are pushing back on the SAVE Act, and argues that the best political strategy for Republicans is to advance legislation that roughly 80 percent of the country already supports, putting Democrats on the defensive.

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Transcript

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0:00.0	The Mark Simone Show on 710 W.O.R.
0:05.2	Well, Liz Peek, the brilliant columnist, you read her at the foxnews.com, the hill.com.
0:11.1	You see her all over television.
0:12.5	And make sure you go to her website.
0:13.8	It's great news and analysis every day.
0:16.5	It's Lizpeak.com and sign up for the, it'll come to you free every day to your email, Lizpeak.com.
0:23.7	Liz Peek, how you doing?
0:25.8	I'm terrific. Thank you for having me on, Mark.
0:28.4	Hey, great to have you. The Fed decision later today, they'll do nothing, right? No change.
0:34.9	Probably do nothing. And, you know, I've been thinking about this a lot, of course, everyone has.
0:41.3	So what is the biggest issue right now?
0:44.3	You know, you just had Congress come together in a bipartisan fashion to pass a housing bill.
0:51.3	Congress almost never does anything in a bipartisan fashion. And as Steve Forbes
0:56.8	said to me yesterday on set, you know it's a problem if it's bipartisan. And I kind of agree with him.
1:02.9	I mean, I think this is a little bit of a boneheaded bill. Some of it's good. Some of the
1:08.1	releasing and removing of permitting and so forth is very important.
1:12.6	But what's the biggest issue? It's affordability. What's that all about? It's mortgage rates.
1:18.1	Mortgage rates are too high. The Fed needs to lower rates. And Mark, just ask yourself,
1:23.5	what impact does raising or lowering the Fed rate have on oil prices?
1:28.3	The answer is zero.
1:30.3	So oil prices are high, obviously because of the war.
1:35.3	They've gone up a fair amount, 30% or more.
	...

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