The Biden administration also wasn't immune to using national security as a shield to do industrial policy. But what do you make of this outright equity stakes in companies that you deem their resources are necessary to combat China. Look, I agree with the administration's laser focus on trying to have an industrial policy of sorts and we were trying to do the same.And this is not about politics. America needs more industrialization because we cannot have critical materials that we need being controlled 98% ...

Governments need to be careful about how they lean on industrial policy to support key sectors including energy given the significant economic risks attached, the International Monetary Fund warned on Friday https://t.co/DZReDQ1rPg ...

Yesterday, President Trump said he would ask the Supreme Court for an expedited ruling to overturn an appeals court decision that found most of his tariffs are illegal. Joining us now is Ben Shapiro, co-founder of the Daily Wire. Uh his latest book, Lions and Scavengers, The True Story of America, uh and her critics, uh is out.We could have started rolling the cameras. Uh we we're we're almost ready to do that. Uh aren't we dur during >> I think we should start a YouTube show during the commercial break.No ...

Industrial Policy & Government Intervention - The speaker expresses reservations about government equity stakes in companies, preferring loan-based support similar to the Overseas Private Investment Corporation's approach [3][4] - The speaker contrasts current industrial policy with past practices, noting the oil industry's self-reliance during crises without government bailouts [4] - The speaker criticizes the concept of "too big to fail" banks, arguing it creates unfair competition for regional banks [5] Market & Economic Indicators - Gasoline sales are flat year-over-year, but prices are down 10-12%, suggesting reduced consumer driving [6][7] - Diesel sales are up 35% year-over-year, indicating strong commercial activity, potentially driven by onshoring [7] - The speaker suggests monitoring diesel sales in the third quarter to gauge the sustainability of the current economic activity [9] Retail & Consumer Behavior - The economy is K-shaped, with luxury shopping centers experiencing double-digit sales increases while middle-market retailers like Red Lobster struggle with flat sales and heavy discounting [10][11] - McDonald's price increases are encroaching on casual dining restaurants [11] - Consumers are trading down from higher-priced alcoholic beverages like margaritas to cheaper options like beer [14] - Consumers, especially younger demographics, are increasingly buying smaller quantities of alcohol for immediate consumption rather than larger quantities for later use [15][17]

Vice President Pence, thank you so much for being here. Thank you both for having me on. I want to start with one of these top stories that we're following today, which has to do with the pressure campaign from the White House when it comes to the Federal Reserve.And now you told Bloomberg Television last month that the president ought to be able to express himself when it comes to the Fed. But I want to get your thoughts on these latest allegations against Fed Governor Lisa Cook. What's her level of concer ...

What does this pressure campaign look like when it comes to the US position of global trust across the world economy. I think it's important for us not to look at this as an attack on one individual Fed governor, but an attack on an institution and the independence of the Federal Reserve has been, at its core, central to the confidence that investors around the world have in the U.S. economy. You know, in my old job, one of the things I did was be with investors in the United States, the people around the w ...

From @WSJopinion: Is Intel finally discovering the wages of industrial policy? Trump likes to boss companies around, but Intel has made itself especially vulnerable owing to its dependence on federal largesse https://t.co/y5wtN1qIqx ...

From @WSJopinion: Is Intel finally discovering the wages of industrial policy? Trump likes to boss companies around, but Intel has made itself especially vulnerable owing to its dependence on federal largesse https://t.co/6jEfBfnU42 ...