House GOP Conference Chairwoman Lisa McClain shares her journey from the business world to Congress, emphasizing personal motivations for change. She discusses challenges House Republicans face with budget reconciliation and party unity amid Trump's influence. McClain reflects on the tensions between conservative and moderate factions regarding budget cuts and fiscal responsibility. The conversation also addresses the GOP's strategic approach to issues like women's sports and how they navigate political dynamics as they prepare for the midterm elections.

Seema Shah, Chief Global Strategist at Principal Asset Management, shares her optimistic view that a recession is unlikely in the near term. Rep. Lisa McClain discusses the crucial economic issues affecting voters in Michigan, highlighting the struggles families face. Neil Dutta, from Renaissance Macro Research, warns that economic growth may not sufficiently prevent rising unemployment. The conversation also touches on market trends, inflation, and the impact of monetary policy on the economy.