Trump admin 'ratcheting up the pressure' on the Fed and Jerome Powell

Joining us now, Semour White House correspondent Shelby Talcet and Financial Times columnist and provost of King's College Cambridge, Jillian Tet. Um, Shelby, what's behind this. Well, I think this all of course stems from the fact that interest rates aren't being lowered.We've heard the president talk about this for months. It is a clear thing that he wants. He wants those interest rates lowered.He's gone after Jerome Powell for months publicly and privately. And this is sort of, I think, you know, ratchet ...