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WSJ Minute Briefing

Waller Argues for More Interest-Rate Cuts Before His Fed Chair Interview

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 17 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Warner Bros. Discovery is urging shareholders to reject Paramount’s takeover bid. And the Justice Department has indicted telehealth startup Done Global. Anthony Bansie hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:33.6

Here's your midday brief for Wednesday, December 17th. I'm Anthony Bancy for the Wall Street Journal.

0:39.3

Federal Reserve Governor Christopher Waller is making a fresh push for lower interest rates.

0:44.3

Waller made the comments on CNBC just hours before his interview with President Trump for the central bank's top job.

0:50.3

Waller argues that borrowing costs remain too high for a cooling labor market and says there is room to cut rates by as much as a full percentage point.

0:58.7

The next pick for Federal Reserve Chair faces heightened scrutiny following Trump's attempts to exert control over the Fed this year and his demand for lower rates.

1:08.0

The Justice Department has indicted telehealth startup Dunn Global. Prosecutors are

1:13.2

accusing the company of providing easy access to stimulants, such as the ADHD drug Adderall,

1:18.9

without legitimate medical purpose. Prosecutors say Dunn and a sister company, mindful mental

1:24.6

wellness, conspire to defraud insurers while generating over $100 million in revenue.

1:30.6

The corporate indictment follows the criminal convictions of Dunn's founder and a top doctor last month.

1:36.2

Dunn and Mindful didn't respond to requests for comment, but Dunn has previously defended its prescription practices.

1:43.4

And Warner Brothers Discovery is urging shareholders to reject a hostile takeover bid from Paramount.

1:49.3

They're saying the $72 billion deal with Netflix is the superior offer.

1:54.0

Warner has again raised concerns about the credibility of the equity in Paramount's $78 billion offer

1:59.5

and says Paramount has misled Warner shareholders.

...

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