NBC Meet the Press Meet the Press NOW — April 21
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Apr 21, 2025 The podcast dives into the stock market's freak-out over President Trump's pressures on the Federal Reserve. It explores the Vatican's somber atmosphere as Catholics worldwide remember Pope Francis and his impactful legacy. The discussion also touches on Defense Secretary Pete Hegseth's controversies, particularly regarding sensitive military information. Delve into the political tensions surrounding Trump's immigration policies and the Democratic Party’s struggle to connect with voters amidst these swirling issues.
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Impact of Trump's Fed Pressure
- Markets reacted negatively to President Trump's public pressure on Federal Reserve Chair Jerome Powell to cut interest rates.
- Investors fear political interference undermines the Fed's independence and exacerbates market volatility.
Fed's Dilemma on Rate Cuts
- Lowering interest rates during rising tariffs could increase inflation.
- Federal Reserve's Chair Powell faces political pressure but historically resists abrupt changes.
Pope Francis' Legacy and Health
- Pope Francis remained active publicly despite illness, surprising worshipers on Easter Sunday.
- His papacy emphasized compassion for marginalized, progressive reforms, and humility in leadership.