Bloomberg Talks

Nicole Malliotakis, a U.S. Representative from New York, discusses key topics with Joe Mathieu. She critiques President Trump’s plan to cap credit card interest rates, suggesting a reference point of 18%. The conversation shifts to the complexities of affordability in healthcare and housing, emphasizing the need for transparency in pharmaceuticals. Malliotakis champions financial literacy, highlighting the importance of educating youth about debt. She also addresses immigration issues, advocating for better processes to support legal workers and employers.

Jim Farley, CEO of Ford, and Laurent Mekies, CEO of Oracle Red Bull Racing, dive into the future of automotive innovation. They explore how F1 technology influences everyday vehicles, with discussions on hybrid advancements and predictive tech. Laurent reveals the challenges of creating a new power unit, while Jim shares insights on U.S. manufacturing policies and the impact of tariffs. Both leaders express confidence in the collaboration between racing and mainstream automotive technology, promising exciting consumer benefits ahead.

U.S. Representative French Hill, chair of the House Financial Services Subcommittee on Capital Markets, shares insights on the recent Justice Department subpoenas of the Federal Reserve. He describes these subpoenas as a significant mistake that diverts focus from essential economic agendas like reducing housing costs. Hill emphasizes GOP plans to enhance capital access and warns that price control proposals could stifle growth. He also discusses the importance of congressional oversight of the Fed and the potential ramifications for the upcoming Fed chair selection.

Martins Kazaks, Governor of the Bank of Latvia and ECB Governing Council member, dives into the challenges facing central banks today. He warns that pressure on leaders like Jerome Powell could inflate expectations. Kazaks advocates for joint defense debt in Europe and stresses the importance of structural reforms for economic resilience. He highlights the risks of short-term political decisions undermining policy credibility. With a keen eye on data-driven approaches, he remains cautious about the impacts of geopolitical events on monetary policy.

U.S. Ambassador to Belgium Bill White, a key figure in U.S.-Belgium relations and a close associate of President Trump, shares insights on pivotal topics. He discusses the promising future of U.S.-Greenland relations amid security concerns. White emphasizes Trump's unwavering support for NATO and how it has spurred increased European defense spending. He also highlights a $30 billion pipeline of U.S.-Belgium trade deals and Belgium's significant F-35 purchase, showcasing the strong transatlantic ties while addressing social and migration reforms.

Sen. Thom Tillis, a U.S. Senator from North Carolina and a key figure on national security and economic issues, discusses pressing topics with Joe Mathieu. He expresses skepticism about the recent peace in Iran, critiques poor White House policy advice, and emphasizes NATO's importance. Tillis also addresses military actions in Greenland and Venezuela, highlighting his commitment to war powers oversight. Additionally, he touches on the controversy surrounding Federal Reserve nominations, stressing the need for clarity before proceeding.

Carolyn Tisch Blodgett, lead owner of Gotham FC and CEO of Next3 Ventures, discusses the dynamic landscape of women's sports. She emphasizes the importance of competitive salaries while highlighting strategies to retain top talent without overspending. Carolyn also shares insights on how investing in coaching and player health contributes to Gotham's success. She addresses the role of U.S. National Team stars in enhancing fan engagement and details the rapid expansion of ownership in women's leagues, signaling a bright future.

Ed Bastian, CEO of Delta Air Lines, offers insights into the airline's thriving premium travel segment, revealing double-digit growth in business travel. He emphasizes international expansion as the key to Delta's future, supported by new Boeing Dreamliner orders. Bastian also discusses potential impacts from proposed credit-card rate caps and highlights the significant role of AmEx partnerships. With a focus on premium demand driving revenue, he shares strategies to address crowded lounges while navigating industry consolidation challenges.

Eric Rosengren, former president of the Federal Reserve Bank of Boston, shares insights on the delicate balance of Fed independence and market reactions. He warns that actions from the administration may undermine confidence in the Fed, complicating potential interest rate cuts. Despite short-term rate projections, he predicts long-term rates could rise due to inflation concerns. His discussion on political pressures influencing Fed appointments highlights the crucial relationship between independence and fiscal policy.

Mike Doustdar, CEO of Novo Nordisk, leads the charge in obesity and diabetes treatments. He shares insights on the launch of an oral version of their popular weight loss drug Wegovy, highlighting its early success and unique formulation. Doustdar delves into the competitive landscape, discussing how their pill offers advantages over others. He also emphasizes the significance of scaling production and innovative pricing strategies. Lastly, he explores the transformative role of AI in accelerating drug discovery and improving patient access.