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Former Secretary of the Treasury Robert Rubin on the Economic Recovery after COVID-19

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Manage episode 270795306 series 2661837
Content provided by No Labels. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by No Labels or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Robert Rubin was the Secretary of the Treasury and Director of the National Economic Council under President Bill Clinton. He had a distinguished career in finance, joining Goldman Sachs in 1966 and eventually becoming co-chairman. Under the Clinton Administration, he served as the He is also a founder of The Hamilton Project, an economic policy think tank out of the Brookings Institution. Today, he will discuss the economic outlook in the post-COVID world.

Secretary Rubin says it might take until the end of 2022 for the US economy to return to where it was pre pandemic. As he notes, this is both a global economic crisis, and a humanitarian and health crisis, which will complicate the recovery. He also agrees with recent comments from former Treasury Secretary Timothy Geithner that the Federal Reserve acted responsibly in their strong response to the COVID pandemic. It was much more far reaching response than the one in the wake of the 2008 financial crisis, but Rubin believes it is necessary.

Go to NoLabels.org to learn more about how we are bringing together a bipartisan group of public and private leaders working to solve America’s toughest problems.

  continue reading

105 episodes

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Manage episode 270795306 series 2661837
Content provided by No Labels. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by No Labels or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Robert Rubin was the Secretary of the Treasury and Director of the National Economic Council under President Bill Clinton. He had a distinguished career in finance, joining Goldman Sachs in 1966 and eventually becoming co-chairman. Under the Clinton Administration, he served as the He is also a founder of The Hamilton Project, an economic policy think tank out of the Brookings Institution. Today, he will discuss the economic outlook in the post-COVID world.

Secretary Rubin says it might take until the end of 2022 for the US economy to return to where it was pre pandemic. As he notes, this is both a global economic crisis, and a humanitarian and health crisis, which will complicate the recovery. He also agrees with recent comments from former Treasury Secretary Timothy Geithner that the Federal Reserve acted responsibly in their strong response to the COVID pandemic. It was much more far reaching response than the one in the wake of the 2008 financial crisis, but Rubin believes it is necessary.

Go to NoLabels.org to learn more about how we are bringing together a bipartisan group of public and private leaders working to solve America’s toughest problems.

  continue reading

105 episodes

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