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Slate News

Slate Money - Jeff Bezos’ Midlife Crisis

Slate News

Slate Podcasts

Politics, News, News Commentary

4.56K Ratings

🗓️ 15 February 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

On this week’s episode, Felix, Anna, and Emily discuss Judy Shelton, Trump’s nominee to the Federal Reserve Board, tech antitrust investigations, and the JEDI (Joint Enterprise Defense Infrastructure) contract.

In the Slate Plus segment: Wells Fargo ends forced arbitration for sexual harassment. 

'Behind Amazon’s HQ2 Fiasco: Jeff Bezos Was Jealous of Elon Musk'- https://www.bloomberg.com/amp/news/articles/2020-02-03/amazon-s-hq2-fiasco-was-driven-by-bezos-envy-of-elon-musk


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Transcript

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0:00.0

Hello!

0:12.5

Welcome to the Jeff Bezos's Midlife Crisis edition of Slate Money,

0:18.6

or guide to the business and finance news of the Week in which Jeff Bezos dropped

0:24.2

$165 million on a pierre in Los Angeles. And what else happened? Oh, there's a major Fed chair

0:32.7

Ruhaha going on in Washington. We're going to talk about that. We're going to talk about antitrust issues, not only as pertaining to telecoms, but also as

0:44.5

pertaining to technology.

0:45.8

We're going to talk about Jedi.

0:48.9

If you don't know what Jedi is, you're about to find out.

0:51.8

But it also involves big tech and the power thereof and if you

0:57.3

are a slate plus member can I just say you're in for a treat this week because there is a truly

1:04.2

magnificent Emily Peck rant so all I have to do now is just introduce ourselves my My name is Felix Iman of Axios. Emily Peck,

1:12.7

you are here from Huff Post. Hello.

1:14.4

Anna Schumanski, you are here from Breaking Views. Hello.

1:17.6

And we are going to be talking about all manner of techno-awesome things coming up on Slate Money.

1:25.6

So let's talk about the hearing that happened on Thursday in the Senate in front

1:32.6

of the banking committee, pretty much 50-50 Republicans and Democrats, but I watched a bunch of it,

1:40.1

and some of them were nice, but most of them on both sides were not nice.

1:45.6

Two, Judy Shelton, who was one of the two nominees sitting there.

1:49.6

And then there was this other guy sitting to her left who basically everyone ignored because they were like, okay, you're a respected Fed economist.

1:57.4

You've been at the Fed for years.

1:58.7

Everyone kind of understands the all-qualified.

2:01.0

So why are you even here? Right. And these are Trump nominees for the Federal Reserve, to be clear.

...

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