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The John Batchelor Show

#Markets: American economy by far the strongest in Earth. Liz Peek The Hill. Fox News and Fox Business

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 4 December 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

#Markets:  American economy by far the strongest in Earth.  Liz Peek The Hill. Fox News and Fox Business
1775 TROY IN TURMOIL

Transcript

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0:00.0

This is CBS Eye on the World.

0:08.5

Here's John Batchelor.

0:11.5

The cabinet of the president-elect Donald Trump now looks very solid when it comes to financial matters,

0:18.7

which, of course, we understand, is what drives us at the polls, the pocketbook.

0:23.3

I welcome Elizabeth Peake, a columnist at the Hill, a columnist at Fox News.

0:28.0

To measure now that we have all three, four jobs in place, one job was appointed in the first term, Mr. Powell.

0:36.4

But we have Mr. Besant at Treasury, Mr. Lutnik at Commerce, Mr. Hassett at the economic advisors in the White House.

0:44.4

Liz, a very good evening to you.

0:45.9

I note, I read the Washington Post very carefully.

0:49.9

And as of yet, I've not found a discouraging word said about these three choices.

0:56.0

Is this uniformly too normal for the Washington Post to respond?

1:01.4

I think they have their guns trained elsewhere.

1:05.3

John, like on Pete Hanksett, for example, Tulsi Gabbard, you name it.

1:10.6

But I agree with you that pushback against

1:13.6

the financial and economic nominees is minimal. I think Scott Bessent was viewed as an excellent

1:21.0

choice kind of across the spectrum. Wall Street likes him, policymakers like him, conservatives like him because he's been very

1:29.6

supportive of Donald Trump's agenda. So I think he is a shoe in in terms of nomination as far as I know.

1:38.6

And also just I think he has sort of cheered investors to think that he's a pretty common sense and steady hand

1:46.9

on the tiller. Lutnik viewed as a sort of a little bit of a street fighter, a little bit more

1:54.1

erratic. I think people are happy he was not in the treasury pick, but, you know, as Commerce

1:59.4

Secretary, he might be willing to tackle some of the more

2:03.4

controversial issues that come before commerce, certainly to do with tariffs, but also, I would

...

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