meta_pixel
Tapesearch Logo
Log in
Slate News

The Wall St. Love Affair?

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 8 May 2017

⏱️ 20 minutes

🧾️ Download transcript

Summary

Jacob Weisberg talks to the New York Times' columnist Andrew Ross Sorkin about how businesses are modulating their reaction towards the Trump administration's varying policy positions and the President's Twitter feed. Also, is Gary Cohn next in line for Fed Chair? Trumpcast is brought to you by Indochino, the company that’s reinventing men’s fashion. Go to Indochino.com to get any premium Indochino suit for just $389, plus free shipping, when you use promo code trumpcast at checkout. Trumpcast is brought to you by theSkimm. Get all the important news you need every morning in one simple email. Sign up today at theskimm.com/trumpcast and you’ll be entered to win a 250 dollar Visa gift card. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The following podcast contains explicit language.

0:04.9

I'm not into Goldman Sachs. I don't care about Goldman Sachs.

0:08.4

He's got perfect genes. He has incredible energy.

0:12.1

Jobs, taxes, infrastructure, regulation. We're working on them all simultaneously.

0:17.6

Well, let me just tell you, since he got to the White House, he doesn't need KFC anymore.

0:21.5

McDonald's sir is right food there.

0:23.3

Hello and welcome to Trumpcast, the show about the man who calls it a down payment when Congress

0:34.4

refuses to appropriate any money for his border wall. Donald Trump. I'm Jacob Weisberg.

0:41.7

On today's show, the president's love affair with Wall Street, or is it a hate affair?

0:47.8

During his campaign, Trump railed against Goldman Sachs, which he said controlled his opponent,

0:53.6

Hillary Clinton. He said big international banks like Goldman were plotting the destruction of

0:59.6

US sovereignty in order to enrich themselves. Then he gave the globalist from Goldman, Gary Cohn,

1:06.7

Steve Mnuchin, Dina Powell, the keys to the car. The stock market as a whole remains pretty

1:13.1

positive about Donald Trump, despite his recurring bouts of anti-Wall Street populism.

1:19.5

Investors seem to have decided to ignore the president when he says he wants to break up the big

1:24.4

banks, but they still pay attention when he talks about deregulation and talks about gutting

1:30.5

Dodd-Frank. So what's really going on here? My guest today is a shrewd observer of Wall Street,

1:36.8

who thinks the financial community's confidence in the new administration may be overstated.

1:42.7

I'll be back to talk to Andrew Ross-Sorkin about the state of the Trump trade, right after we do

1:47.6

the tweets. North Korea disrespected the wishes of China, and its highly respected president,

2:01.5

when it launched, though unsuccessfully, a missile today. Bad.

2:08.2

Lutobbs just stated that president Trump's successes are unmatched in recent presidential history.

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.