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Federal Reserve cuts interest rates quarter point; newest Fed Governor Stephen Miran votes no, calls for half-point cut

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Manage episode 507011387 series 55261
Content provided by Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Federal Reserve announces an interest rate cut of a quarter percentage point, lowering borrowing costs for the first time since December. Newest Fed Governor Stephen Miran, who has taken a leave of absence from his job as chair of the White House Council of Economic Advisers, votes for a bigger cut of 0.5%; U.S. House begins work on the federal government funding extension to prevent a shutdown at the end of the month, debating and voting a resolution to set the rules for House floor debate on the funding measure itself; Former Director of the Centers for Disease Control and Prevention Susan Monarez tells the Senate Health Committee that she was fired by Health & Human Services Secretary Robert F. Kennedy, Jr. for refusing to provide "blanket approval" for changes to vaccine recommendation not supported by science. She says, "Even under pressure, I could not replace evidence with ideology"; President Donald Trump & First Lady Melania Trump are welcomed for their state visit to Great Britain by the King & Queen with a carriage ride on the grounds of Windsor Castle, a military parade, RAF flyover, a chapel choir, and a lavish banquet; FBI Director Kash Patel testifies before the House Judiciary Committee about the Epstein files and politically-inspired violence; Former President Barack Obama discusses the current political climate after the murder of conservative activist Charlie Kirk.

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1439 episodes

Artwork
iconShare
 
Manage episode 507011387 series 55261
Content provided by Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Federal Reserve announces an interest rate cut of a quarter percentage point, lowering borrowing costs for the first time since December. Newest Fed Governor Stephen Miran, who has taken a leave of absence from his job as chair of the White House Council of Economic Advisers, votes for a bigger cut of 0.5%; U.S. House begins work on the federal government funding extension to prevent a shutdown at the end of the month, debating and voting a resolution to set the rules for House floor debate on the funding measure itself; Former Director of the Centers for Disease Control and Prevention Susan Monarez tells the Senate Health Committee that she was fired by Health & Human Services Secretary Robert F. Kennedy, Jr. for refusing to provide "blanket approval" for changes to vaccine recommendation not supported by science. She says, "Even under pressure, I could not replace evidence with ideology"; President Donald Trump & First Lady Melania Trump are welcomed for their state visit to Great Britain by the King & Queen with a carriage ride on the grounds of Windsor Castle, a military parade, RAF flyover, a chapel choir, and a lavish banquet; FBI Director Kash Patel testifies before the House Judiciary Committee about the Epstein files and politically-inspired violence; Former President Barack Obama discusses the current political climate after the murder of conservative activist Charlie Kirk.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1439 episodes

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