Neel Kashkari Would Be Bill Gross's Choice for Fed Chair
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 6 October 2017
⏱️ 41 minutes
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Summary
Janus Henderson's Bill Gross says Neel Kashkari would be his choice for chair of the Federal Reserve, but doesn't see it happening. Princeton's Alan Krueger says the tax proposals could have substantial effects on the U.S. economy. Finally, Gary Cohn, director of the U.S. National Economic Council, says the stock market reflects President Trump's economic plan.
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| 0:00.0 | Osage County, Oklahoma is getting a lot of attention right now. |
| 0:04.4 | It's the setting of Martin Scorsese's latest film, |
| 0:07.8 | Killers of the Flower Moon. |
| 0:10.0 | The movies based on a book about the 1920s Osage murders, |
| 0:14.1 | when white men poured into Osage County |
| 0:16.4 | and killed Osage people for their oil wealth. |
| 0:20.1 | I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media. |
| 0:26.8 | For over a year I was reporting a different story about other ways white people got |
| 0:32.1 | Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here. |
| 0:40.0 | Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation. |
| 0:47.0 | So how did they get it? |
| 0:49.0 | Listen to the award-winning podcast, Trust on the I Heart Radio app Apple |
| 0:55.3 | Podcast or wherever you get your podcast. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura. |
| 1:14.7 | Daily, we bring you insight from the best of economics, |
| 1:17.8 | finance, investment, and international relations. |
| 1:20.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, |
| 1:27.0 | on the Bloomberg. |
| 1:28.0 | The five things that need to know. We're going to do a guess five things and talk |
| 1:34.6 | about just two things here with Alan Kruger. It's Professor Kruger of |
| 1:38.2 | Princeton. Let's just do two things here within the time we've got. How's the |
| 1:42.3 | minimum wage experiment going in Seattle? |
| 1:47.0 | I think the evidence is quite mixed for Seattle. The way I read it, it looks like experience with the minimum wage elsewhere has not had an |
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