Austin Goolsbee

Austin Goolsbee, the President of the Federal Reserve Bank of Chicago, dives into the challenges posed by the recent jobs report, highlighting steady hiring paired with rising unemployment. He discusses the complications from delayed economic data on Fed policy and raises concerns about the risk of an AI investment bubble. Goolsbee emphasizes the importance of maintaining Fed independence amidst increasing political pressures and questions the ethical implications of the Trump family's ventures into cryptocurrency.