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House Speaker Mike Johnson on Fed Chair Powell: I'm anxious to see how that plays out
CNBC Television· 2025-07-18 16:01
Interest Rate Policy - The sentiment is to reduce interest rates given the strong American economy [1] - Concerns exist about cutting rates if the economy is "too hot," potentially leading to inflation [2] - An argument suggests that AI and productivity could make a "hot" economy disinflationary, potentially justifying rate cuts [3] Economic Concerns - High interest rates are negatively impacting home ownership and purchases of large ticket items like automobiles [4] - Meaningful interest rate reductions could stimulate these sectors and have a lasting positive effect on the economy [5] Fiscal Policy - The Republican majority is delivering fiscal responsibility, including clawing back $9 billion of wasted taxpayer funds [2]
House Speaker Mike Johnson: We should reduce interest rates
CNBC Television· 2025-07-18 13:27
Mr. . Speaker, do you think that that JP Pal uh is going to be around till till May. I we're trying to figure out exactly what how to uh how to handicap that at this point.Do you think he should be around in May. Is there um I guess people that wish that he wouldn't if he would resign, that's probably would be easier or that's probably not going to happen though. What do you think.How does this play out in your view. Um I'm as anxious to see how that plays out as you are. I will tell you that the sentiment ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-07-16 16:37
Home Depot founder Ken Langone says he is BULLISH on the American economy right now.You love to see it. https://t.co/P4Bpp6fk5h ...
X @The Economist
The Economist· 2025-07-07 07:51
Economic Impact of Tariffs - American economy is experiencing an odd tension due to tariff chaos [1] - Prices in shops haven't risen much, and markets are back at highs, suggesting a calm surface [1] Market Sentiment - There's a tension in how the tariff chaos is hitting the American economy [1]
'Never bet against the American economy': Unpredictability in the U.S. market
NBC News· 2025-07-03 22:26
Investment Advice - The financial industry suggests individuals ensure their financial stability by understanding their budget, savings, and investments [1] - The financial industry emphasizes the importance of saving and investing for the long term, despite market uncertainties [2] - The financial industry advises against holding back on investments due to economic uncertainty [2] - The financial industry expresses confidence in the American economy's long-term prospects [2] Personal Finance - Individuals should prioritize understanding their income and expenses [1] - Individuals should focus on saving adequately for retirement [1] - Individuals should consider saving for their children's education [1]
Fed Chair Powell: We are in a good place to respond to significant economic developments
CNBC Television· 2025-06-18 19:22
Um, your friend down at 1600 Pennsylvania Avenue continues to lob insults in your direction. And I'm wondering given now that the Supreme Court has maybe carved out the Fed from uh some of the legal implications of that whether this is just noise that the markets and everybody should ignore until your term is up or whether you worry that it could lead to more pressure on confidence on Wall Street on consumers about the uh outlook for the economy. Look I from my standpoint it's it's not complicated.What ever ...
Bessent Credits Trump Policies for Inflation Slowdown
Bloomberg Television· 2025-06-11 20:38
Economic Growth & Inflation - The US economy is experiencing renewed vitality due to policy changes in tax and trade [1] - Since January, the private sector has added over 500,000 jobs [1] - US inflation is at its slowest pace since 2020/2021 [1] - Cost increases for shelter, food, and energy are decelerating [2] - Inflation is showing substantial improvement due to the administration's policies [2] Labor Market & Confidence - The labor market remains strong with low unemployment and high job openings [3] - Stock market performance and consumer confidence data exemplify the labor market's strength [3]
Commerce Secretary Howard Lutnick attempts to calm concerns over Trump's 'gold card' visa pitch
Fox Business· 2025-02-27 00:51
Core Points - The "gold card" visa proposal by President Trump aims to attract foreign investors to the U.S. by allowing them to buy citizenship for $5 million, potentially replacing the existing EB-5 Immigrant Investor Program [2][3] - Commerce Secretary Howard Lutnick emphasized that applicants for the "gold card" will be thoroughly vetted and are expected to contribute to the U.S. economy by creating jobs and paying taxes [1][4] - There are currently about 250,000 individuals waiting for the "gold card" visa, which could generate $1.25 trillion if all are sold, and if a million are sold, it could amount to $5 trillion, significantly impacting U.S. debt and interest rates [4] Summary by Sections Visa Proposal - President Trump proposed a "gold card" visa that would allow foreign investors to gain U.S. citizenship for a $5 million investment, which is a shift from the EB-5 program [2][3] Economic Impact - The introduction of the "gold card" visa is expected to bring in substantial revenue, with Lutnick suggesting that selling a million cards could generate $5 trillion, which could help pay off national debt and lower interest rates [4] Vetting Process - Lutnick assured that the applicants for the "gold card" visa will be vetted, and they are expected to bring entrepreneurial skills and growth potential to the U.S. economy [1][4]
X @Jeff Bezos
Jeff Bezos· 2025-01-21 02:40
Political & Economic Outlook - A peaceful transfer of power is a hallmark of America [1] - Collaboration on accelerating innovation and supercharging the American economy is anticipated [1] Leadership Transition - Congratulations to President @realDonaldTrump and Vice President @JDVance [1]