Hoping for the End of Hikes & Pushing for Packages in Washington 12/04/23

After Fed Chair Jay Powell’s comments on Friday, investors are hopeful that the Federal Reserve is done hiking interest rates, and the interest rate environment has led to highs in the Dow Jones Industrial Average, gold prices, and bitcoin. Restaurateur Cameron Mitchell shares his consumer’s spending habits in the inflationary environment, including new trends in how Americans are dining out. Plus, Israeli forces announced an expansion of ground attacks against Hamas in Gaza, Yemen’s Iran-backed Houthi military group attacked commercial vessels in the Red Sea, and the US Senate is in the midst of heated negotiations to pass aid packages to Israel and Ukraine. Senator Roger Marshall (R-Kansas) explains his perspective on Washington’s priorities, balancing geopolitical obligations of emergency aid in warzones and domestic goals like border security. 

Sen. Roger Marshall - 13:20

Cameron Mitchell - 22:13

In this episode:

Sen. Roger Marshall, @RogerMarshallMD

Andrew Ross Sorkin, @andrewrsorkin
Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk
Cameron Costa, @CameronCostaNY