meta_pixel
Tapesearch Logo
Log in
Money Talks from The Economist

Money Talks: Joe’s dream team

Money Talks from The Economist

The Economist

Finance & Economics, Business News, Economy, News, Business

4.41.2K Ratings

🗓️ 1 December 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

Mr Biden’s latest nominations for his economic team send a clear message about his gameplan. Plus, deal season returns. Salesforce will buy Slack—united, could the pair take on Microsoft? And, the publishing giant building a behemoth of books. Rachana Shanbhogue hosts.


Please subscribe to The Economist for full access to print, digital and audio editions: www.economist.com/podcastoffer



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

America's President-elect is choosing his dream team.

0:10.0

What message do Mr Biden's latest nomination send about his economic game plan?

0:15.4

You're listening to Money Talks on Economist Radio, a weekly podcast on the markets,

0:20.0

the economy and the world of business.

0:34.8

I'm Ratch Nacharnbogue, finance editor at The Economist, and coming up, the return of deal season. Salesforce is eyeing up slack. United, could the pair take on Microsoft? This Slack purchase is kind of like another point on the graph towards becoming a sort of

0:40.2

of all singing, all dancing, number two or even number one enterprise software giant.

0:46.7

And the publishing giant building a behemoth of books.

0:51.6

Agent and authors fear that there will be too much of a focus on

0:56.4

Blockbusters and that smaller circulation books and unknown authors will suffer.

1:03.0

First, Joe Biden is swiftly filling in the gaps in his political appointments.

1:14.0

On November 30th, America's President-elect named key members of his economic team.

1:19.0

The list includes a host of firsts.

1:22.0

Mr Biden wants Cecilia Rouse from Princeton University

1:25.0

to chair the Council of Economic Advisors.

1:27.0

She'll be the first African American woman in that role.

1:30.0

Neera Tandon of the Center for American Progress would be the first South Asian American to direct the Office of Management and Budget.

1:38.0

Top of that list is Janet Yellen. The former head of the Federal Reserve and respected academic will be the first

1:45.0

female Treasury Secretary.

1:47.0

It's a political role as much as it is an economic one.

1:49.8

And though in politics, as in life, it's impossible to please everyone in choosing Janet

1:54.2

Yellen Joe Biden may be able to do just that. Janet Yellen is a savvy choice for

1:59.3

Treasury Secretary for the Biden administration. Ryan Avent is our free exchange columnist.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.