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Fed is ‘inherently inside the swamp and is political,’ says Jefferies’ David Zervos
CNBC Television· 2025-08-05 15:56
For more, let's bring in Jeffrey's chief market strategist, David Zervos. David is also a CNBC contributor. Uh, David, what did you make of the president's comments this morning as it pertains to the Fed and uh his process for appointing the next Fed chair? >> Well, I don't think there was a lot new, at least from my perspective there. The markets seem to be talking a lot about Scott and um I think Scott said in many interviews here uh he loves his job and he's doing a great job. The president likes the job ...