Elisabeth Bumiller: You Wonder How Much Some of These Billionaires in the Trump Admin Are Aware of the Effect of Tariffs on Ordinary Americans

BRZEZINSKI Elizabeth what are ░░░░░░░░ angles that you re ░░░░░░░░ at closely here And ░░░░░░░░ can take it to ░░░░░░░░ as well BUMILLER Yeah ░░░░░░░░ d like to ask ░░░░░░░░ a question First I ░░░░░░░░ want to say what ░░░░░░░░ talked about just recently ░░░░░░░░ the effect on people ░░░░░░░░ are about to retire ░░░░░░░░ just retired And what ░░░░░░░░ been interesting to me ░░░░░░░░ the these the the ░░░░░░░░ from the Trump Administration ░░░░░░░░ that You know Scott ░░░░░░░░ on on on Sunday ░░░░░░░░ on Meet the Press ░░░░░░░░ you know look he ░░░░░░░░ he said very cavalierly ░░░░░░░░ the people who want ░░░░░░░░ retire right now are ░░░░░░░░ looking at the day ░░░░░░░░ day fluctuations in their ░░░░░░░░ accounts BRZEZINSKI Oh my ░░░░░░░░ which did not did ░░░░░░░░ address 401 k s ░░░░░░░░ you begin to wonder ░░░░░░░░ much some of these ░░░░░░░░ in the Trump Administration ░░░░░░░░ aware of the effect ░░░░░░░░ on ordinary Americans Similarly ░░░░░░░░ know Howard Lutnick the ░░░░░░░░ Secretary said his mother ░░░░░░░░ law was not concerned ░░░░░░░░ should should should her ░░░░░░░░ Security check not turn ░░░░░░░░ in one month So ░░░░░░░░ is interesting to me ░░░░░░░░ they re just discounting ░░░░░░░░ turmoil that is terrifying ░░░░░░░░ lot of people particularly ░░░░░░░░ who are about to ░░░░░░░░ or are retired and ░░░░░░░░ on income from their ░░░░░░░░ The other question I ░░░░░░░░ have for Jared Bernstein ░░░░░░░░ if what is what ░░░░░░░░ this is a big ░░░░░░░░ what is BRZEZINSKI Yeah ░░░░░░░░ your guess or estimation ░░░░░░░░ what the the Fed ░░░░░░░░ do on May 7th ░░░░░░░░ Powell was pretty pretty ░░░░░░░░ most most recently that ░░░░░░░░ was going to wait ░░░░░░░░ see what happens with ░░░░░░░░ and and he was ░░░░░░░░ going to respond certainly ░░░░░░░░ Trump s demand that ░░░░░░░░ day that you have ░░░░░░░░ lower interest rates now.”