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The Mark Simone Show

Mark Takes Your Calls!

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 18 April 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Dominick in North Carolina called Mark to let him know that Jerome Powell has been wrong before. In addition, he is a little political with his decisions. Bill in Cranford NJ calls Mark to let him know his feedback on listening to Letitia James side of the story with her real estate.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Get instant access to Mark by setting a preset in the IHart radio app for his live show and his podcast.

0:07.7

Now back to the Mark Simone show on WOR.

0:12.8

Hey, let's take some calls.

0:14.3

Let's go to Dominic, North Carolina.

0:16.8

Dominic, how you doing?

0:18.9

Yeah, good morning, Mark.

0:20.1

An early happy Easter, and I love your program.

0:22.8

I want to talk quickly about the Fed.

0:25.4

I mean, this idea, everybody's ripping Trump for criticizing the great Jerome Powell.

0:30.4

First of all, Jerome Powell's been wrong before he waited until inflation got to 9% before he finally, you know, it was transitory,

0:40.5

before he finally started raising rates. Then he's been political before he raised, he lowered rates coming into the election. And lastly, it's unusual

0:47.1

for a Fed chairman to give it as politicized a speech as Powell did before the Economic Club of Chicago where he said that the tariffs would

0:55.6

include high inflation and slow growth. He doesn't know that. And for him to go out there in

1:00.5

public and rip Trump's tariffs is unconscionable, hasn't been done before. And of course Trump's

1:06.4

going to fight him back. Yeah, no, no. Powell has disgraced himself. He's been, uh, you're right,

1:12.3

just been wrong all the time, but he's also been inappropriate at times, and he absolutely

1:17.5

should go. But, uh, Wall Street wants him to stay. They don't want any more, uh, anything

1:24.3

controversial. They don't want any more instability, uncertainty.

1:29.5

But you got to, you remember the talking point was that Trump is running his administration for the oligarchs.

1:36.3

He's there to serve the oligarchs.

1:37.6

Well, the oligarchs don't want these tariffs, and they don't want anything to happen to Paul.

1:41.5

So obviously, Trump is working against the billionaires

...

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