Former Deputy Director of the National Economic Council under the Biden administration, Bharat Ramamurti, discusses the data showing how Americans are feeling living under the Trump economy. Ramamurti also talks about how the government shutdown will impact the data the Federal Reserve uses to decide rate cuts, and suggest the Fed may not cut rates at their next meeting. He also voices his frustration with the Trump administration over their housing proposals. Bharat Ramamurti speaks with Joe Mathieu and Tyler Kendall on the late edition of Bloomberg's "Balance of Power."

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