Saleha Mohsin

Michael McKee, Bloomberg's international economics and policy correspondent, and Saleha Mohsin, senior Washington correspondent and host of The Big Take DC podcast, dive into the explosive tension between former President Trump and Federal Reserve Chair Jerome Powell. They discuss the legal ramifications of Trump's threats to fire Powell and explore how this conflict could destabilize the U.S. dollar and global markets. The episode further examines the risks posed to Federal Reserve independence and its impact on economic stability.

Saleha Mohsin, Senior Washington Correspondent at Bloomberg and author of *Paper Soldiers*, dives into the implications of a weakening dollar. She explains how the dollar's decline impacts global economies and trade dynamics, highlighting the challenges faced by U.S. manufacturers amid geopolitical tensions. Mohsin also discusses how this trend benefits foreign tourists while raising costs for American consumers and examines the uncertainties in investment strategies as the dollar's dominance shifts.

In this engaging discussion, Saleha Mohsin, a Bloomberg senior reporter and author of "Paper Soldiers," dives into the complex world of the U.S. dollar as a tool of economic warfare. She explains how the U.S. has leveraged sanctions, particularly against Russia and Afghanistan, to exert financial control. The conversation explores the historical context of the dollar's dominance, the implications of its weaponization on global politics, and the challenges emerging powers face in seeking alternatives. Mohsin also touches on the future of the dollar's status as a reserve currency.

Nancy Cook and Saleha Mohsin, seasoned Bloomberg reporters, dive into the intrigue surrounding the selection of a new Federal Reserve Chair. They dissect President Trump's unique, reality-show-style approach to choosing a successor for Jerome Powell, spotlighting Treasury Secretary Scott Bessent as a top contender. The duo explores the delicate balance between political alignment and Fed independence, plus what Bessent's leadership could mean for monetary policy. Their insights shed light on the broader implications for the economy and financial markets.

Saleha Mohsin, Bloomberg reporter and author of "Paper Soldiers," discusses the dollar's evolution into a weapon of U.S. foreign policy since WWII. She highlights the ramifications of economic sanctions and the ongoing geopolitical shifts that affect global power dynamics. Mohsin explores the complexities of a strong dollar on the U.S. economy, its contrast with China’s long-term strategies, and how the weaponization of currency impacts American democracy and international economic relations.