Bloomberg Surveillance Bloomberg Surveillance TV: February 2nd, 2026
Feb 2, 2026
Henrietta Treyz, co-founder of Veda Partners who advises on fiscal politics and funding fights; Andrew Hollenhorst, Citi’s chief US economist who analyzes labor, inflation and Fed policy; Marc Short, former Pence chief of staff and GOP strategist who weighs Senate dynamics and nominations. They debate a Fed pick’s politics, payrolls and disinflation drivers, funding standoffs and midterm political signals.
AI Snips
Chapters
Transcript
Episode notes
Warsh Is A Conventional, Credible Pick
- Marc Short says Kevin Warsh is a conventional Republican Fed pick with strong credentials and Senate comfort.
- He warns Warsh will need to reconcile past hawkish views with any current dovish assurances.
2017 Fed Pick Was About Lower Rates
- Marc Short recounts the 2017 selection process where Mnuchin pushed Jay Powell because he would keep rates lower.
- He uses that story to illustrate how personnel choices reflected a preference for lower rates then and now.
Tillis Uses Hold To Gain Leverage
- Marc Short says Senator Tillis will use procedural blocks to pressure the White House until the DOJ complaint about the Fed is resolved.
- He expects the White House will likely pull back on the investigation to move nominations forward.