Matt Grossman

Matt Grossman, a WSJ reporter specializing in business and financial news, dives into the controversy surrounding the Bureau of Labor Statistics after President Trump fired its commissioner. He discusses the shockingly low job growth numbers and the implications for economic statistics. Grossman explores Erika McEntarfer's impressive leadership at the bureau and addresses concerns about data integrity amid accusations of political manipulation. The conversation reveals the challenges faced by the agency, including operational issues and rising costs.

Join Matt Grossman, an Economics reporter at WSJ, as he dives into the Federal Reserve's precarious balancing act of managing inflation and a weakening job market. He discusses the immense political pressure for interest rate cuts, particularly from President Trump. The conversation also touches on the U.S. military's controversial strikes against drug traffickers and Israel's aggressive actions in Gaza. Throughout, Grossman highlights the ripple effects these events have on the economy and market reactions.

Matt Grossman, an economics reporter at The Wall Street Journal, and Andrew Prokop, a journalist at Vox, dive into the contentious relationship between President Trump and the Federal Reserve. They explore Trump's attempts to exert influence over interest rates and his criticism of Fed Chair Jerome Powell and Governor Lisa Cook. The conversation unpacks Lisa Cook's impressive credentials and the political ramifications of her scrutiny amid mortgage fraud allegations. They also discuss the implications of political maneuvers undermining the independence of the Fed and the broader democratic norms.