PREVIEW: FEDERAL RESERVE Colleague Veronique de Rugy comments that the Trump administration will undermine market confidence if the Fed chair is forced out. [MORE]
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 25 July 2025
⏱️ 1 minutes
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Summary
Colleague Veronique de Rugy comments that the Trump administration will undermine market confidence if the Fed chair is forced out.
[MORE]
1917 FED BOARD
Transcript
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| 0:00.0 | This is John Batchel, a conversation with colleague, |
| 0:03.6 | Veronique de Riege of the Mercatus Center, |
| 0:05.9 | about the dispute between the President of the United States |
| 0:08.7 | and the Chairman of the Federal Reserve about interest rates |
| 0:11.3 | and asking Veronique if it's wise for the president |
| 0:14.9 | to replace Mr. Powell now or leave him alone. |
| 0:18.4 | The answer is straightforward. |
| 0:20.0 | Here's Veronique. |
| 0:27.8 | Why the President is best if he leaves Mr. Powell alone until the end of his term. |
| 0:29.1 | More of this tonight. |
| 0:35.4 | I think it would be wise, yes, to let him finish his term because pressure from the president on the Fed is going to be perceived potentially as a sign that he's going to be replaced by someone who's going to be doing the bidding of the president for reason that have nothing to do with sound monetary policy. |
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