Marketplace®

Daily business news and economic stories
Donate
Marketplace

Subscribe:

May 3, 2017

05/03/2017: The "Trump effect" on the Fed

There’s a lot of arm twisting and horse trading going on between the House and the White House this week, trying to push a new health care bill through. But there’s a fundamental economic reality going on here: Lawmakers are trying to change the health care market and ignoring market forces. Then: The news out of the Federal Reserve was no news, but looking ahead, you can expect a hike and President Trump to fill as many as five vacancies on the Board of Governors. We’ll talk about it. Plus: NAFTA’s effect on Texas cattle and reappearing chicken nuggets in Los Angeles schools. 

Federal Reserve Chairman, Janet Yellen speaks at the Federal Reserve, November 12, 2015 in Washington, DC. 
Federal Reserve Chairman, Janet Yellen speaks at the Federal Reserve, November 12, 2015 in Washington, DC. 
Mark Wilson/Getty Images

Subscribe:

Segments From This Episode

Music from the episode

There’s a lot of arm twisting and horse trading going on between the House and the White House this week, trying to push a new health care bill through. But there’s a fundamental economic reality going on here: Lawmakers are trying to change the health care market and ignoring market forces. Then: The news out of the Federal Reserve was no news, but looking ahead, you can expect a hike and President Trump to fill as many as five vacancies on the Board of Governors. We’ll talk about it. Plus: NAFTA’s effect on Texas cattle and reappearing chicken nuggets in Los Angeles schools.