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On with Kara Swisher

On with Kara Swisher

Why Trump’s Economic Illiteracy Might *Not* Tank the Economy

Aug 21, 2025 · 57m

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About this episode

Tariffs are up, but inflation is still holding steady. Job numbers are down, but the stock market is booming. Meanwhile, President Trump fired the head of the Bureau of Labor Statistics, and he’s pushing Federal Reserve Chair Jerome Powell to cut interest rates (he’s also calling for Fed governor Lisa Cook to resign, but that began after our taping). MSNBC economic analyst Steven Rattner joins Kara to break down the contradictory and confusing economic news of late. Rattner is the chairman and CEO of Willett Advisors, the investment arm for former New York City Mayor Michael Bloomberg’s personal and philanthropic assets, and a contributing opinion writer for The New York Times. He and Kara…