So Long to (Some) Loans, & WOOF: Pet Pricing Power 8/24/22

President Biden’s student loan forgiveness plan has alarmed investors who worry that the policy will be inflationary for our economy. Senator Patrick Leahy (D-VT), the Senate’s longest-serving lawmaker and the body’s president pro tempore, explains how the forgiveness will work, and what the limitations will be. As he reflects on his retirement and on the future of the United States, airing his concerns about our trajectory as a nation. As markets continue their volatile summer, Joe, Becky, and Andrew are reunited to break down the latest moves and market jitters ahead of this week’s Fed meeting. Twitter has a leak, and the whistleblower’s allegations might just help Elon Musk. Plus, Becky and Joe share their family pet affections with Petco CEO Ron Coughlin, who insists, despite the “WOOF” stock ticker, his team doesn’t play favorites. 

In this episode:

Ron Coughlin, @RCoughlinPetco

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer: @Kramer_Katie