#MARKETS: WHAT IS THE FED WAITING TO SEE? LIZ PEEK THE HILL. FOX NEWS AND FOX BUSINESS
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 18 June 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
1927 FED BOARD
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 American economy, the global economy, during conflicts around the world, |
| 0:17.0 | Eurasia has at least four wars ongoing, maybe more. |
| 0:23.0 | The Pacific is always threatening. |
| 0:28.4 | And I welcome Elizabeth Peake, who is a colonist for the Hill, comments for Fox News, much on Fox Business, because we're going to begin concentrating on the big, beautiful bill that is in |
| 0:35.6 | abeyance in the U.S. Congress, and at the same time, the price of |
| 0:39.7 | oil. Those two determinatives used to be the story of the American economy, no longer because |
| 0:47.8 | we're dealing with unknowns of the marketplace, of artificial intelligence, of war fighting, |
| 0:57.2 | and of the what you of artificial intelligence, of war fighting, and of the, what you say, |
| 1:02.7 | is lingering hostility to the President of the United States by the people who participated in the election and lost, their candidate lost, and yet, Liz, a very good evening to you. |
| 1:08.0 | We begin with the big, beautiful bill. |
| 1:12.3 | The Wall Street Journal headline is suggestive that changes are coming. Senate trims salt, cuts more Medicaid and |
| 1:19.4 | proposed changes to Trump Megabill, the Big Beautiful Bill. The presentation I read last night |
| 1:26.5 | that looked credible was that the Republicans are at war with themselves. |
| 1:30.7 | Like the good old days, Liz. |
| 1:32.7 | Okay, so let's begin with salt. |
| 1:36.3 | The Senate believes it's too generous. |
| 1:39.1 | What is salt and what would be acceptable to our understanding of some majority of the Republicans in the Senate. |
| 1:46.5 | Good evening to you. |
| 1:47.8 | Good evening. |
| 1:48.6 | Well, actually, there are not very many senators who are enthusiastic about increasing the salt deduction, |
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