Bloomberg Talks

Stephen Miran, a former Federal Reserve Governor who focused on monetary policy and inflation measurement, discusses Fed confirmation timing and Kevin Warsh's credibility. He explains why he moderated a dissent and how broader labor indicators show cooling. He also talks about inflation quirks, balance sheet shrinkage, and what helps build consensus at the Fed.

Brian Niccol, CEO of Starbucks, who is leading a turnaround focused on store experience and menu innovation. He discusses transaction-driven growth, menu experiments like protein and energy offerings, reimagining in-store and omni-channel service, rewards relaunch, margin and cost plans, international expansion strategies, and how the company is handling union negotiations.

Thom Tillis, Republican senator from North Carolina focused on financial oversight and Fed independence, discusses blocking Fed nominations until DOJ and Supreme Court matters are resolved. He explains contingency plans for Fed leadership, why the Lisa Cook case matters, and his view of Kevin Warsh’s reputation. He also addresses timelines, communication with the White House, and preserving institutional separation.

Zohran Mamdani, elected mayor of New York City known for progressive politics, discusses a $12B fiscal shortfall larger than the Great Recession. He talks about tax-hike plans to close budget gaps. He outlines homelessness outreach during extreme cold, defenses against federal funding cuts, and efforts on public safety, housing reform, business rules and inclusive governance.

Gavin Newsom, California governor and progressive policymaker, discusses federal overreach and democracy under Trump. He reacts to federalized responses to protests. He highlights California’s record on economy, housing, energy and AI. He addresses investigations, immigration policy debates, relations with national leaders, and future political plans.

Adena Friedman, Chair and CEO of Nasdaq who guides the exchange’s tech-forward strategy. She discusses Nasdaq’s strong quarter and listing growth. She explains why big companies are switching to Nasdaq and the role of index inflows in passive ownership. She reflects on concentration risks amid AI-driven gains and the differences between today’s winners and the dot-com era.

Lael Brainard, former Fed vice chair and NEC director now at Georgetown, shares her take on recent Fed moves. She discusses Powell’s Supreme Court appearance and what it signals for central bank independence. She outlines political pressure around choosing a new Fed chair. She explores the Fed’s focus on aggregate labor amid an AI-driven, K-shaped recovery.

Abby Joseph Cohen, Columbia Business School professor and former Goldman Sachs chief U.S. investment strategist, shares market-minded observations. She discusses why U.S. equities still look compelling. She weighs valuations against earnings support. She flags policy risks from trade, fiscal moves and a weaker dollar. She recommends diversifying beyond U.S. leaders into markets like Japan, Korea and India.

Daniel Florness, CEO of Fastenal and longtime industrial-distribution leader. He discusses Minnesota CEOs calling for calm and leaders’ duty to de-escalate tension. He reviews mixed industrial signals, signs of localized strength, shifting sourcing away from China, rising nearshoring in North America, and how AI and data are improving supply visibility.

Stephanie Guild, Chief Investment Officer at Robinhood Markets, offers a quick take on retail investor behavior and equity flows. She discusses the surge in European equity ETP demand and why U.S. users stick to familiar tech and AI themes. Short shifts in rates and incentives could broaden winners beyond post-COVID tech.