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The John Batchelor Show

#Markets: Howard Lutnick Street fighting man. Liz Peek The Hill. Fox News and Fox Business

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 27 November 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

#Markets:  Howard Lutnick Street fighting man.  Liz Peek The Hill. Fox News and Fox Business

1914 Treasury elevator

Transcript

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0:00.0

Once upon a time, Amazon Music met audiobooks and listeners everywhere rejoiced.

0:05.8

Oh yeah.

0:06.6

Because now they could listen to one audiobook title a month from an enormous library of popular

0:11.7

audiobook titles, including Romantasy, autobiographies, true crime, and more.

0:19.3

Suddenly listeners didn't mind sitting in traffic or even missing their flight

0:23.0

amazon music unlimited now includes audible no way download the amazon music app now to start listening

0:28.8

terms apply i'm john batswood my colleague and friend lis Elizabeth Peek of the Hill, a columnist,

0:38.7

a Fox News, a columnist, looking at the cabinet we have right now.

0:43.5

The one that seems most critical for the challenge of the People's Republic of China's

0:49.9

called Duggery is Mr. Lutnik at Commerce.

0:54.0

Commerce is a place where you go to for these

0:56.6

day-to-date negotiations between countries over what he is and is not permissible or suspect.

1:05.4

And while Treasury has the power of the purse, commerce has talk talk.

1:12.1

Jha, jaw, is what Churchill call it.

1:14.8

And I'm unfamiliar with Mr. Lutnik, except for he was an advisor of the transition

1:19.9

and is, again, celebrated on Wall Street as a very successful marketeer.

1:25.9

How is he in talking to the Chinese deceivers?

1:30.8

Well, good question.

1:32.0

We don't know yet, but he is a very, I think, whereas Bessent is much more sort of low-key, very stable, very calming.

1:42.2

Lutnik's a bit more of a street fighter, pretty powerful and sometimes somewhat erratic guy.

1:50.6

That's what his detractors, I think, would say.

1:53.5

And frankly, the reason that people were not happy about him going into Treasury,

...

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