Surveillance: One or Two Fed Hikes Next Year, Milken's Lee Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 8 November 2018
⏱️ 36 minutes
🧾️ Download transcript
Summary
Stephanie Baker, Bloomberg News Senior Writer, discusses the Russian investigation in the wake of Sessions' resignation. William Lee, Milken Institute Chief Economist, expects one or two rate hikes from the Fed next year. James Albertine, Consumer Edge Senior Auto Analyst, says Robyn Denholm would not have been his first choice for Tesla Chair. Bill Gavin, Former FBI Assistant Director, reacts to the California shooting. David Laufman, Government Investigations Lawyer & Former U.S. Department of Justice Senior National Security Official, revisits Sessions' recusal from the Russia investigation.
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Transcript
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
| 0:05.5 | That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart |
| 0:11.4 | Radio that turns down the volume a bit to give you some space to think. |
| 0:16.5 | I'm Wes Kossova. |
| 0:18.0 | Each weekday I dig into one important story and talk about why it matters. |
| 0:23.7 | Listen to the big take on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:48.0 | and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.5 | Bloomberg. |
| 1:00.5 | We continue forward with this story on the Attorney General Jeff Sessions and of course what will follow on and there's no one better to do that with and |
| 1:07.8 | Stephanie Baker our senior writer with Bloomberg Business Week and we talked to her this morning not about |
| 1:13.3 | Mr. Manifort not about money laundering but the arcane constitutional |
| 1:17.4 | nature of our independent Justice Department. |
| 1:19.8 | Stephanie, let us begin with Civics 101. |
| 1:23.0 | Why is the Justice Department different from every other Cabinet office? |
| 1:28.0 | Why are they supposed to be removed from the White House? |
| 1:32.0 | Well, I mean, that has, those measures have been reinforced since Watergate, that you would have an independent attorney general whose job is to enforce the rule of law and the |
| 1:47.6 | Constitution. |
| 1:50.0 | And yes, the president has the authority to fire his attorney general, but obviously in the situation |
| 1:57.5 | that we're in right now, it is clear that he has fired Jeff Sessions because he was annoyed that he'd recused himself |
... |
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