Squawk Pod Elizabeth Warren grills Jay Powell & Scott Gottlieb on Vaccine Future 6/26/25
Jun 26, 2025
Senator Elizabeth Warren, a key Democratic voice in banking, challenges Fed Chair Jay Powell on interest rates and inflation, discussing economic policies that affect everyday Americans. Meanwhile, Dr. Scott Gottlieb, former FDA Commissioner, reveals insights on the CDC's shifting vaccine strategies amidst rising anti-vaccine sentiment. The duo navigates the intersection of economic decisions and public health initiatives, highlighting the importance of balanced policies and the ongoing debate around vaccine safety and accessibility.
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Trump Tariffs Hinder Fed Rate Cuts
- Senator Elizabeth Warren highlights how Trump's tariff policies have directly caused economic uncertainty and chaos.
- This chaos has prevented the Federal Reserve from lowering interest rates, negatively impacting economic growth.
Tariff Uncertainty Slows Economy
- Businesses are delaying investments due to uncertainty from potential tariffs and reciprocal trade barriers.
- This widespread hesitancy contributes to a projected slowdown in GDP growth.
Smart Spending Boosts Economy
- Warren advocates cutting wasteful federal spending like Medicare Advantage fraud and defense acquisition.
- She supports increasing investment in economic growth drivers like childcare to boost productivity and participation.