A Warning for the Fed, A Chemo Shortage, & JPM’s $290m Settlement 6/12/23

A Warning for the Fed, A Chemo Shortage, & JPM’s $290m Settlement 6/12/23

  • Af
  • Episode
    • 1042
  • Published
    • 12. jun. 2023
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Episode
1042 of 1877
Længde
29M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

On the eve of the Federal Reserve’s next interest rate decision, former Fed Governor Kevin Warsh, a veteran of the 2008 crisis, offers a warning to the central bank and the markets: the banking troubles may not be over yet. In his WSJ op-ed, he urges the Fed and investors to find some “risk management.” Nearly all of the country’s cancer centers have reported a chemotherapy shortage. Former FDA Commissioner Dr. Scott Gottlieb explains the regulatory and manufacturing issues that have led to the backup, and offers systemic solutions to keep care coming to cancer patients. Plus, Illumina has announced a CEO transition plan, Goldman Sachs has lowered its oil price outlook, and JPMorgan has reached a settlement with survivors of Jeffrey Epstein’s abuse.

In this episode:

Dr. Scott Gottlieb, @ScottGottliebMD

Eamon Javers, @EamonJavers

Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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