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The Conversation with Dasha Burns

Trump team braces donors for potential recession

The Conversation with Dasha Burns

POLITICO

News, Government, Politics

4.01.6K Ratings

🗓️ 23 August 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

This week on the Nerdcast with Scott Bland: White House reporter Nancy Cook explains how the Trump administration may be putting on a happy face in public, but in private, they’re worrying about a global economic slowdown triggering a U.S. recession. Also, White House reporter Daniel Lippman looks inside the president's feud with Tom Barrack, on of his closest friends. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello listeners this is political's nerd cast I'm Scott Bland this week on the

0:06.2

nerd cast the White House is weighing all sorts of different policy

0:09.7

proposals new cuts to corporate taxes payroll taxes among other measures, to try and cushion the U.S. economy ahead of their worst fear heading into 2020, a recession that could damage Trump's re-election hopes.

0:22.0

Plus, we're going to go inside the president. could damage Trump's re-election hopes.

0:22.8

Plus, we're going to go inside President Trump's feud

0:25.8

with one of his closest friends,

0:27.4

or we should say former closest friends,

0:29.3

and just how that fits into his administration's

0:31.8

freewheeling policymaking.

0:34.6

As always, we're taping this on Thursday, today that's August 22nd, so it's all up to date

0:38.8

as of then.

0:41.6

So in public, President Donald Trump and his administration are always talking about how great the economy is.

0:46.0

This is one of their big selling points in general, also heading into re-election.

0:50.0

But political White House reporter Nancy Cook, who's with us this week, found out some new information about what his administration is saying about the economy behind the scenes.

0:57.6

Nancy, thanks for joining us.

0:58.8

Oh, thank you for having me.

0:59.8

So you had a big story this week that I got behind the scenes with the White House Chief of Staff

1:05.4

Mick Mulvaney talking to Republican donors and sounding a different note than we're used to hearing

1:10.6

about the economy.

1:11.6

Absolutely. So I would just say broadly,

1:15.1

White House AIDS are very worried

1:17.1

about an economic downturn.

...

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