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Transcripts for CNN The Situation Room With Wolf Blitzer 20240604 22:29:00

Watching, but democratic senator elizabeth warren of massachusetts, says jerome powell, the federal reserve chair is doing what she calls a terrible job. watch what she told our jake tapper just a little while ago. he has spent five years weakening regulations over these multibillion dollar banks predicted five years ago. the consequence of that kind of weakening would be that we would see these banks load up on risk builder short term profits give themselves giant enormous up. bonuses and big salaries and then some of those banks will explode. and that is exactly what has happened on share pals watch. she says powell shouldn t be chairman of the federal reserve. do you have concerns mr secretary with his leadership? no. i think he is a appropriate fed fed chair. i have disagreed ....

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