CNBC’s Liesman on Trump’s Attacks on Fed Chair Powell: Trump Is ‘Hitting the Ball into His Own Net’

Wallace Over to you ░░░░░░░░ mean where are those ░░░░░░░░ And I ve been ░░░░░░░░ this story from a ░░░░░░░░ chair in which I ░░░░░░░░ seeing the incoming instability ░░░░░░░░ the I mean chicken ░░░░░░░░ t the right analogy ░░░░░░░░ Jerome Powell isn t ░░░░░░░░ chicken He s doing ░░░░░░░░ job But Trump is ░░░░░░░░ chicken with something even ░░░░░░░░ than the markets with ░░░░░░░░ global economy with the ░░░░░░░░ with our place in ░░░░░░░░ world Why aren t ░░░░░░░░ folks speaking up LIESMAN ░░░░░░░░ I think they they ░░░░░░░░ the president I mean ░░░░░░░░ ve seen the way ░░░░░░░░ s gone after the ░░░░░░░░ firms he s gone ░░░░░░░░ the universities They don ░░░░░░░░ want him to go ░░░░░░░░ But they have a ░░░░░░░░ at stake I don ░░░░░░░░ I don t judge ░░░░░░░░ but it just strikes ░░░░░░░░ that at some point ░░░░░░░░ with some authority has ░░░░░░░░ step up and say ░░░░░░░░ is not the way ░░░░░░░░ do things I mean ░░░░░░░░ Nicolle this was another ░░░░░░░░ in financial markets in ░░░░░░░░ s America He turned ░░░░░░░░ and he hit the ░░░░░░░░ squarely into his own ░░░░░░░░ and he scored another ░░░░░░░░ goal This did not ░░░░░░░░ to happen today We ░░░░░░░░ up down 900 and ░░░░░░░░ points on the Dow ░░░░░░░░ We were off as ░░░░░░░░ as 1 200 and ░░░░░░░░ really looks directly related ░░░░░░░░ his comments and fears ░░░░░░░░ the president is going ░░░░░░░░ potentially fire the Fed ░░░░░░░░ We don t know ░░░░░░░░ that s going to ░░░░░░░░ Some people put a ░░░░░░░░ probability on it But ░░░░░░░░ me see if I ░░░░░░░░ connect this to the ░░░░░░░░ that you report on ░░░░░░░░ day long which is ░░░░░░░░ necessarily the financial markets ░░░░░░░░ what s going on ░░░░░░░░ the Supreme Court what ░░░░░░░░ going on with the ░░░░░░░░ funds what s going ░░░░░░░░ with Harvard and these ░░░░░░░░ There are things that ░░░░░░░░ president has done that ░░░░░░░░ ever thought a president ░░░░░░░░ do And that s ░░░░░░░░ in financial markets you ░░░░░░░░ dismiss some probability that ░░░░░░░░ president will fire the ░░░░░░░░ chair People say oh ░░░░░░░░ s not going to ░░░░░░░░ I said well we ░░░░░░░░ he was going to ░░░░░░░░ the Supreme Court We ░░░░░░░░ he was not going ░░░░░░░░ necessarily withhold X billions ░░░░░░░░ dollars from Harvard So ░░░░░░░░ s all of the ░░░░░░░░ piece in that you ░░░░░░░░ relax and you cannot ░░░░░░░░ on a team where ░░░░░░░░ captain is hitting the ░░░░░░░░ into his own net.”