Mike Byrd

Mike Byrd, Wall Street correspondent and host of Money Talks, dives deep into Ecuador's recent political landscape. President Daniel Noboa is asserting his stance against transnational gangs, promoting his ambitious 'Phoenix Plan' while balancing the need for democracy. The discussion also addresses the resilience of financial markets amidst turbulent global events and the evolving role of the United Nations in fostering global governance and security. Byrd’s insights reveal the complexities of leadership and the interconnectedness of politics and finance.

Mike Byrd, Wall Street editor at The Economist, delves into President Trump's striking attempt to remove Federal Reserve governor Lisa Cook over unfounded allegations of mortgage fraud. They discuss the unprecedented nature of this move and its implications for the Fed's independence. Byrd explores the legal complexities surrounding Cook’s dismissal, as well as the potential fallout in financial markets. The conversation highlights the ongoing tensions between Trump and the Fed over interest rates, raising questions about the future of presidential influence in monetary policy.