Sen. Tim Scott on Fed Chair Powell testimony: A rate cut in September 'looks pretty political'

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  • Опубліковано 22 лип 2024
  • Senate Banking Committee ranking member Sen. Tim Scott (R-S.C.) joins 'Squawk Box' to discuss Fed Chair Powell's testimony on Capital Hill today, what he expects to hear from Powell, state of the 2024 race, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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КОМЕНТАРІ • 32

  • @pjc11016
    @pjc11016 14 днів тому +14

    Tim Scott is so lucky Lindsey Graham exists or he’d be the dumbest hypocrite from South Carolina

  • @nufamilia
    @nufamilia 13 днів тому +2

    Tim Scott saying that can be considered political too. Never take advice from someone that licks Trumps shoes. So who cares….

  • @MF-tr5fu
    @MF-tr5fu 14 днів тому +4

    cutting rates to promote job creation and economic growth after the largest rate increase in history is.... "political"

    • @Fried52
      @Fried52 14 днів тому +1

      Except if they did it while Trump was Pres. Do I have that right? Doesn't matter you won't have to worry about a Fed if Trump gets elected. It's gone. Read the 2025 plan. No more Fed.

    • @MF-tr5fu
      @MF-tr5fu 13 днів тому

      @@Fried52 my guy trump put Powell into the fed. And he pressured him to cut interest rates to zero when the economy was “thriving”. Just google it

  • @chattingwithshap8010
    @chattingwithshap8010 14 днів тому +4

    Classic - no mention obviously of incredibly low unemployment - record stock market - home values all time high - and lowering inflation. This is not biased but facts. I’m not a Biden or Trump fan. Keep the show non-partisan please.

    • @guile-md6mg
      @guile-md6mg 14 днів тому

      They're clowns
      Cry babies
      Get a job
      Pull yourself up by boot straps I thought was their slogan

    • @kennymerckelmiller8184
      @kennymerckelmiller8184 10 днів тому

      Lowering inflation after everything is already really high because of Biden doesn’t really matter much. Home value increasing is not only bad for people that want to buy a house but also for property owners who now have to pay more in property taxes. I’m glad the people that are able to invest in stocks are doing well but for those who can’t it doesn’t really matter. Peoples definition of a good economy are different but I can’t see how anyone who has seen all the prices go up at an all time high can say thank you Biden for this great economy…

  • @RK-um9tu
    @RK-um9tu 14 днів тому +3

    Except for C. Thomas, Scott is the best example of Republicians' love of DEI...

  • @devinwynn1299
    @devinwynn1299 14 днів тому +4

    Joe so nice toward republicans lol

  • @guile-md6mg
    @guile-md6mg 14 днів тому +2

    Get a job

  • @Brendonbosy
    @Brendonbosy 14 днів тому +1

    So the GOP is now arguing to keep interest rates higher? I wonder how your constituents trying to buy homes at 8% mortgages or a car loan at 10% think of that…

  • @jacobwatson3781
    @jacobwatson3781 14 днів тому +1

    Yeah, appointing a Supreme Court justice 2 months before election isn't political, so why is a rate cute political?

    • @Brendonbosy
      @Brendonbosy 14 днів тому

      If the Dems werent such morons, this guy basically created a perfect campaign ad for them. “GOP cares more about their political position than alleviating you from 8% on your mortgage”

  • @BRuane-pw6xq
    @BRuane-pw6xq 14 днів тому

    A Hole 3 unnecessary rate cuts in 2019 was designed to sugar high Trump. It failed they tried.

  • @jayharrison3661
    @jayharrison3661 14 днів тому

    nvda needs a tax break

  • @BRuane-pw6xq
    @BRuane-pw6xq 14 днів тому

    Trump s debt waa staggering

  • @andrewkhody
    @andrewkhody 14 днів тому

    Not sure if your mom did a good job!

  • @333bctan
    @333bctan 11 днів тому

    Good luck in inflation 2025

  • @moshebmoshe
    @moshebmoshe 12 днів тому

    Melissa just try to hide your Democrat leanings can ya just try?

  • @guile-md6mg
    @guile-md6mg 14 днів тому

    Clowns

  • @Modi-e2p
    @Modi-e2p 14 днів тому

    Crude Oil crash soon

  • @200cdl
    @200cdl 14 днів тому

    It's all a scam people, if you really can't see it and understand it, it's right where they want you

  • @jayharrison3661
    @jayharrison3661 14 днів тому +1

    i saw this guy on snl

  • @estear1718
    @estear1718 12 днів тому

    Maga