POLITICO Money
108 episodes - English - Latest episode: almost 3 years ago - ★★★★ - 210 ratingsMeet at the intersection of Washington and Wall Street with the most influential minds on the economy. Ben White and the POLITICO team will help you understand the economic and financial policies that move markets in the U.S. and around the world.
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Episodes
New financial scrutiny awaits Trump and his cabinet
November 07, 2018 17:15 - 25 minutes - 23.1 MBWhat’s next in the financial world after the midterms? The Trump Administration is readying some new energy policies, even as Hill Democrats get ready to probe the business dealings of the president and his cabinet. POLITICO’s Nancy Cook and Zach Warmbrodt join to break it down. Plus: Who’s standing between Democrats and Trump’s tax returns?
Why you should worry a little bit about markets and the economy
October 31, 2018 09:00 - 32 minutes - 30.2 MBIan Shepherdson, chief economist at Pantheon Macroeconomics pulls back the curtain on the economy with POLITICO’s Ben White. What they see is... not great. Plus, which household good has borne the brunt of the tariff fight with China? Hint: Here’s hoping your washing machine didn’t just break.
Will Democrats support Trump on the new NAFTA?
October 24, 2018 09:00 - 17 minutes - 16 MBPOLITICO congressional reporter Elana Schor and trade reporter Megan Cassella discuss what will happen if Democrats win control of the House next month — and what incentive the two sides will actually have to work together. Plus, Ben White wonders what to make of President Trump’s phantom tax cut idea.
The second life of Trump's tax story
October 17, 2018 09:49 - 40 minutes - 36.8 MBSusanne Craig, an investigative reporter at the New York Times and one of the reporters who broke the story on Trump's tax fraud, and POLITICO's media reporter, Jack Shafer, join POLITICO's Ben White to discuss how the tax story came together – and how it landed once it was published.
What the new NAFTA tells us about the trade war with China
October 10, 2018 09:00 - 41 minutes - 38.1 MBAlexander Panetta, editor of POLITICO Pro Canada, and South China Morning Post U.S. correspondent Owen Churchill join POLITICO's Ben White to discuss the implications of the USMCA – and how it’s being viewed in China.
Larry Kudlow on the new NAFTA and ‘unsatisfactory’ talks with China
October 03, 2018 09:02 - 30 minutes - 27.8 MBLarry Kudlow, Assistant to the President for Economic Policy and Director of the NEC, discusses the economy, the new NAFTA, and what life is like inside the White House with POLITICO's Ben White in front of a live audience at the annual meeting of the Securities Industry and Financial Markets Association.
Did we end too big to fail? Are we safer now?
September 26, 2018 09:00 - 36 minutes - 33.5 MBFormer Federal Reserve Governor Daniel Tarullo examines the banking industry 10 years after the financial crisis with POLITICO's Ben White and Victoria Guida.
What the Trump team was doing during the financial crisis
September 19, 2018 09:00 - 30 minutes - 27.6 MBAndrew Ross Sorkin, a financial columnist at the New York Times and author of “Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System — and Themselves,” talks with POLITICO’s Ben White about how close the financial system came to collapse, and how it felt to have a front-row seat. POLITICO's Victoria Guida explains how as the financial crisis shook the nation, Trump's team saw a payoff. As financial crisis shook the nation, Trump’s team saw payoff
What's up with Trump and Canada?
September 12, 2018 09:00 - 31 minutes - 29 MBAs talks between the U.S. and Canada over a new North American Free Trade Agreement head into crunch time in Washington this week, the latest POLITICO Money podcast takes you inside the room for the high-stakes talks.
Trump lawyer Giuliani got paid to lobby Romanian president
September 05, 2018 09:00 - 14 minutes - 13.5 MBThe former New York mayor’s letter goes against the State Department stance on corruption in Bucharest. Trump lawyer Giuliani got paid to lobby Romanian president Giuliani got paid for advocacy in Romania
Trump channels Richard Nixon on the Fed
August 29, 2018 09:00 - 28 minutes - 25.8 MBPresident Trump's recent criticism of the Federal Reserve is totally precedented. Politico's Victoria Guida joins Ben White to explain the danger in political meddling on monetary policy. Plus, why the Fed turns off internet access for reporters writing about rate hikes.
These steel workers are the losers in the trade war
August 22, 2018 09:00 - 22 minutes - 21.1 MBWhile some firms see a boost from the president’s aggressive trade tactics, others find patience running thin.
How infrastructure week became a punchline
August 15, 2018 09:00 - 34 minutes - 31.9 MBPOLITICO’s Mike Grunwald joins Ben to talk about the Gateway Project, a $30 billion infrastructure plan that would include a new $11 billion tunnel under the Hudson between New Jersey and New York for passenger trains. Follow MT’s playlist on Spotify. The Tunnel That Could Break New York
How a free-trade t-shirt went viral
August 08, 2018 05:00 - 30 minutes - 28.1 MBScott Lincicome’s sings the benefits of free trade as a scholar at the Cato Institute. But a cheeky t-shirt has traveled just as far and wide as any white paper he’s written. Scott joins Ben White to size up what will come of the trade spat with China, and explains why free traders are winning so much they ought to be sick of it.
Get smart fast: Trump, trade, and the next recession
August 01, 2018 09:00 - 31 minutes - 28.6 MBEconomist and unrepentant Red Sox fan Megan Greene tells you everything you need to know but were afraid to ask about U.S. financial health-- what's really behind the uptick in growth, how long the happy days will last, and what's likely to trigger the next recession.
What Hollywood can teach Uber drivers about the gig economy
July 25, 2018 09:00 - 23 minutes - 22 MBPOLITICO's Andrew Hanna says long before Uber and Airbnb, Hollywood conquered the gig economy-- with an assist from Ronald Reagan. Hear how Dracula and Groucho Marx set in motion a decades-long struggle for worker benefits that's especially relevant in the age of the side hustle.
Do we have amnesia, or is it time to tweak Dodd-Frank?
July 18, 2018 09:00 - 27 minutes - 25.5 MBTen years after the financial crisis, Congress is talking about relaxing some aspects of Dodd-Frank. But one person's "tweak" is another person's "Are you nuts?"
Bull market still bucking mean and dirty
July 11, 2018 09:00 - 27 minutes - 25.6 MBInvestment adviser Richard Bernstein joins Ben to talk bulls, bears, and the tax cut leakage effect. He also explains why watching inflation is like watching paint dry, and why Wall Street's bull market is still bucking mean and dirty, despite trade disputes.
Does the city of the future know too much about you?
July 05, 2018 09:00 - 30 minutes - 27.8 MBGoogle is building a city of the future in Toronto, with self-driving cars, delivery robots, and snow-melting sidewalks. But will it also know what you did last night?
What does a dairy farmer know that Trump doesn't?
June 27, 2018 09:00 - 32 minutes - 30.3 MBDairyman Pete Wiersma shares a few hard economic realities from the pastures of Idaho: a tightening labor pool and little control over milk prices. Then economist Mark Zandi explains how reduced immigration and escalating trade spats could make things worse.
Steel cage death match over trade
June 20, 2018 09:00 - 32 minutes - 29.4 MBBen White and POLITICO's Doug Palmer tick down the list of trade tiffs, brawls and all-out steel cage matches currently underway by the Trump administration. Then Marianne LeVine weighs in with a look at a sector that's actually winning as trade disputes simmer over: lobbyists.
Sen. Warner on punching your friends in the nose
June 13, 2018 05:00 - 26 minutes - 24.6 MBSen. Mark Warner (D-Va.) takes the Trump administration to task on trade, describing a "punch your friends in the nose" approach that could hurt jobs and rile markets. He also updates Politico's Ben White on efforts to block the Commerce Department's plan to throw a lifeline to China's ZTE. But most importantly, he reports on the size of the crowds celebrating the Stanley Cup outside his office.
Bitcoin revisited
June 06, 2018 05:00 - 30 minutes - 28.1 MBBen White sits down with Politico's Colin Wilhelm to check on his Bitcoin portfolio -- 0.003 percent of one coin. Bad news: it's lost about half its value. Colin explains why, and the challenges ahead, including looming regulation.
The secret to trade talks: ‘The powers of single malt scotch’
May 30, 2018 05:00 - 30 minutes - 27.6 MBFormer U.S. Trade Representative Ron Kirk joins Ben to talk about what it was like to be at the negotiating table, tactics of successful negotiation and what he thinks of trade under President Trump.
How China acquires the crown jewels of U.S. technology
May 23, 2018 05:00 - 32 minutes - 30 MBThe Committee on Foreign Investment in the United States, the main vehicle for protecting American technology from foreign governments, rarely monitors the various new avenues Chinese nationals use to secure access to American technology. Even if it had a more formal mandate, the committee lacks the resources to deal with increasingly complex cases, which revolve around lines of code and reams of personal data more than physical infrastructure. POLITICO's Cory Bennett joins Ben to talk about ...
A user's guide to Larry Kudlow
May 16, 2018 05:00 - 22 minutes - 20.9 MBHost Ben White is joined by POLITICO White House reporter Nancy Cook to talk about the interview they had with Larry Kudlow, the Director of the United States National Economic Council. They discuss how Kudlow is an optimist in a White House that is known for backbiting, and how it is possible for Kudlow to work well with President Trump despite their conflicting opinions on hot button issues like trade.
Kevin Warsh on what it's like to interview for Fed Chair with Trump
May 09, 2018 10:00 - 40 minutes - 32.1 MBFormer senior economic adviser to President Bush and current Hoover fellow Kevin Warsh was in the running to become the next Federal Reserve chairman in 2017. Warsh shares insights from his interview with President Trump for the job, his take on interest rates, the state of the Republican Party and job growth.
Go inside the 2018 Milken Global Conference with Ben
May 02, 2018 10:00 - 23 minutes - 18.7 MBBen White takes listeners inside one of the most prominent financial conferences of the year, the 2018 Milken Global Conference. The show features highlights from celebrity interviews, hallway interviews and an excerpt from the "Financial Regulation: New Era, New Regulators" panel.
Get smart on Trump and trade
April 25, 2018 10:00 - 37 minutes - 30.4 MBPOLITICO trade journalists Megan Cassella, Adam Behsudi and Doug Palmer explain exactly what's going on with the Trump White House and international trade. Will the U.S. ultimately decide to get back into the Trans-Pacific Partnership or seek individual deals with Japan and other TPP members? Can the White House meet a looming deadline to renegotiate the North American Free Trade Agreement and get a new deal through Congress?
Austan Goolsbee: Trump's Fed tweet raises alarm bells
April 18, 2018 10:00 - 36 minutes - 29.2 MBFormer top Obama economic adviser Austan Goolsbee joins POLITICO Money to discuss President Trump potentially putting political pressure on the Federal Reserve. Goolsbee also reflects back on his own experiences in the Obama administration, especially leaving the White House on the day in 2011 when Standard & Poor’s downgraded U.S. debt for the first time ever in the midst of a bitter debt limit crisis.
Reading inbetween the lines of the 4.1% unemployment rate
April 11, 2018 10:00 - 21 minutes - 17.3 MBFormer BLS Commissioner Erica Groshen joins POLITICO Money to discuss how the very low unemployment number masks some persistent weaknesses in our economy. Plus, Brenda Dryer, the director of workforce solutions in Ames, Iowa, explains the conditions in the city with the lowest unemployment rate in the nation at just 1.4 percent.
Governor Hickenlooper has a vision for fixing American's polarized politics
April 05, 2018 10:00 - 1 hour - 50.6 MBColorado Governor John Hickenlooper and Ben White come to you live from Midtown in New York City. The governor discusses his recent visit to the first-in-the-nation caucus state of Iowa, the impact of steel and aluminum tariffs on the beer industry in Colorado, a possible "unity ticket" with Governor Kasich and, of course, baseball.
Facebook faces regulation questions in wake of Cambridge Analytica
March 28, 2018 10:00 - 32 minutes - 26 MBThis week, Ben unpacks the personal data questions swirling around the Cambridge Analytica scandal and examines what kind of government regulation could prevent privacy violations going forward. David Kirkpatrick, author of "The Facebook Effect," discusses how this data leak happened and how the company is responding to the crisis. POLITICO tech reporter Nancy Scola also joins the show to talk regulation options and how heavy governance could impact the targeted advertising business.
Could tariffs trigger a trade war with China?
March 21, 2018 10:00 - 30 minutes - 24.5 MBThis week, Ben delves into Donald Trump’s plan to slap as much as $60 billion in tariffs on imported Chinese goods. Does the president misunderstand the nature of the U.S. trade relationship with China? Or is it imperative that tariffs be used to protect American workers?
A reality check on watering down Dodd-Frank
March 14, 2018 10:00 - 24 minutes - 20 MBThis week Ben White explores the Crapo bill, the legislation that reforms the Dodd-Frank Act by scaling back regulations on regional banks. The banking bill is supported by some moderate Democrats, but is getting criticized by the far left. Is there teeth to the argument or are we wading into partisan politics?
Ask Ben Anything: Will there be a trade war?
March 07, 2018 05:00 - 23 minutes - 21.3 MBIn this edition of Ask Ben Anything: trade, tariffs, beer cans... he answers it all. Host Ben White tackles listener-submitted questions on the tariff talks taking over economic news this week, and reveals his deep knowledge of a specific Star Wars movie (not the one you'd expect) at the same time. Do you have questions for Ben? Send them to [email protected] or Tweet at him @morningmoneyben.
Fed Chair Jay Powell's first big Capitol Hill test
February 28, 2018 10:00 - 21 minutes - 17.4 MBNewly installed Federal Reserve Chairman Jerome "Jay" Powell turned in a smooth inaugural performance on Capitol Hill on Tuesday, parrying both Republican and Democratic attempts to get him to make news. Ben assesses the top takeaways from the testimony and welcomes Glenn Hubbard, Dean of the Columbia University business school and close friend of Powell’s, to discuss the Fed Chair's economic outlook.
Sallie Krawcheck on why Wall Street hasn't had its "Me Too" moment
February 21, 2018 10:00 - 36 minutes - 28.9 MBFormer top executive at Citigroup and current CEO of Ellevest Sallie Krawcheck has some ideas for why the testosterone-fueled world of Wall Street has not yet had a 'Me Too' moment. Sallie also discusses combating "mansplaining" and how financial independence impacts women's politics.
Mark Meadows on frustrations of being a deficit hawk on the Hill
February 15, 2018 10:00 - 34 minutes - 28.1 MBHouse Freedom Caucus Chairman Mark Meadows joins POLITICO Money to discuss being a fiscally conservative stronghold in the midst of exploding deficits and rising debt. Meadows also speaks out against the White House's handling of the Rob Porter scandal and explains why the House should take the lead of immigration. Meadows is undoubtedly frustrated. But he won't overthrow the House leadership ... not yet, at least.
Stock market volatility is back. Mohamed El-Erian says that may not be a bad thing.
February 07, 2018 10:01 - 30 minutes - 24.9 MBMohamed A. El-Erian, chief economic adviser at Allianz, analyzes the recent chaos in the stock market and what it means for the country's larger economic picture. El-Erian also discusses the tax cut, running a responsible deficit and if the recent Fed Chair change contributed to the downturn.
Top 5 Money moments from State of the Union
January 31, 2018 10:00 - 23 minutes - 19 MBBen White breaks down the top money takeawats from President Trump's 2018 State of the Union address. Ben dissects the infrastructure, tax and trade points, and analyzes how the assertions with play with Democrats, fact checks claims, and discusses Trump's "Morning in America" moment.
Senator Jim Inhofe urges action from White House on infrastructure
January 24, 2018 10:00 - 33 minutes - 26.5 MBOklahoma Republican Senator Jim Inhofe discusses working with the White House on an infrastructure proposal, where the $1 trillion in funding would come from, and how the shutdown affected the agenda item's timetable. Inhofe also discusses President Trump's nontraditional leadership style and why Trump's tweets have been "helpful" in chastening North Korea.
Senator Tom Carper on infrastructure funding, Amtrak improvements and the Detroit Tigers
January 17, 2018 10:00 - 36 minutes - 29.3 MBTop Democrat on the Senate Environment and Public Works Committee Senator Tom Carper discusses the crumbling state of infrastructure in the country and how much the Trump administration is reportedly willing to spend to make necessary improvements. Carper also talks about his daily Amtrak commute, why he's loved the Detroit Tigers since he was a child ,and his trusty mini-van with over 400,000 miles on it.
Former Treasury Secretary Jack Lew: 'The world is on the edge right now'
January 10, 2018 10:00 - 41 minutes - 33 MBFormer Obama Chief of Staff and Treasury Secretary Jack Lew discusses the Trump administration's "luck" this far, the stock market's resilience to global threats, and how he raised spirits in the White House following Hillary Clinton's 2016 loss.
The year ahead at the intersection of Wall Street and Washington
January 03, 2018 10:00 - 32 minutes - 26.2 MBPOLITICO's Ben White, Nancy Cook and Aaron Lorenzo dig into President Donald Trump’s likely agenda for the year, which could include demands for a border wall, tough actions on trade and at least an attempt to get bipartisan support for a major infrastructure bill. They also explain the weird stuff that happened with the tax cut bill over the holiday break including homeowners in blue states racing to prepay their 2018 property taxes and states looking at creative solutions including turning ...
Behind the bitcoin bubble
December 27, 2017 10:00 - 52 minutes - 42.1 MBIs the cryptocurrency's rise just beginning or near its end? In the latest POLITICO Money podcast, experts pick apart the bitcoin speculation.
Former U.S. trade chief: After tax cuts, watch America's trade deficit surge
December 20, 2017 10:00 - 36 minutes - 29.6 MBMichael Froman says that more government borrowing from the new tax plan will likely boost the U.S. trade gap despite Trump's wishes. The former U.S. trade chief discusses why trade becomes a scapegoat for economic anxieties, the consequences of pulling out of TPP and why trade deficits aren't necessarily a bad thing.
Are tax cuts worth adding $1 trillion in debt?
December 13, 2017 10:00 - 42 minutes - 34.2 MBTop Republican economist Douglas Holtz-Eakin criticizes tactics in the tax debate, but says he expects stronger economic growth as a result. Holtz-Eakin discusses the disappearing American dream, staying in your lane in Trump's Washington and why Republicans should just be straight about the bet they are making on growth and higher deficits.
To make the economy great again, bring women back to the workforce
December 06, 2017 05:00 - 31 minutes - 29.2 MBA new report from Standard & Poor's chief U.S. economist Beth Ann Bovino says that the economy might be bolstered by getting more women into the workforce and providing more incentives for them to stay. Bovino joins Politico's Ben White to discuss the report, the economic cost of sexual harassment in the workplace and a few lessons the U.S. could take from Norway.
Larry Kudlow on fixing the business tax rates, supply side economics and getting sober
November 29, 2017 09:00 - 59 minutes - 47.5 MBFormer adviser to President Ronald Reagan and CNBC contributor Larry Kudlow discusses his role in shaping the Trump tax plan and where Republicans went wrong with the individual side cuts. Kudlow explains why he believes the cutting the corporate rate will raise the U.S. growth rate to 3 or 4 percent, and how trade would be impacted if the United States pulls out of NAFTA. Plus, Kudlow recounts his struggle to get sober to in the 90's and how it was a crucial turning point in his life. Subsc...