Fed's Lisa Cook Says She Won't Be Bullied by Trump

Wally Adeyemo, former US Deputy Treasury Secretary under the Biden Administration, discusses how President Trump’s pressure campaign to get Federal Reserve Governor Lisa Cook to resign attacks the Fed’s independence. He also talks about what is and isn’t working with the President’s tariff policies and shares his thoughts on the Trump Administration weighing equity stake in Intel. Wally Adeyemo speaks with Tyler Kendall and Michael Shepard on the late edition of Bloomberg’s “Balance of Power.”